Human Capital Strategies to Reduce Employee Turnover in the Food Service and Automotive Industries

Volume: 8, Issue: 3, Pages: 84 - 90
Published: Sep 30, 2020
Abstract
High voluntary employee turnover in service industries often exceeds 60%, negatively affecting profitability due to employee replacement costs. In studies conducted with multinational corporate leaders, they acknowledged a lack of business direction resulting in a 68% failure to implement organizational strategies. Through a multiple case study, we aimed to explore the human capital strategies utilized in the automotive and food service...
Paper Details
Title
Human Capital Strategies to Reduce Employee Turnover in the Food Service and Automotive Industries
Published Date
Sep 30, 2020
Volume
8
Issue
3
Pages
84 - 90
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