Summary: Reducing Turnover At Securitas

In the globalized and changed competitive business world, it is important responsibility to deal with employee turnover for any organization. Effective and efficient management of employee turnover is an essential task to achieve the organizational overhead goals. Significant amount of research has been undertaken to understand the major causes of employee's turnover and retentions mechanisms that organizations should develop, especially in the field of healthcare.

Retaining employees is one way the turnover rate can decrease, Branham (2000), focuses on retaining valuable employees by incorporating four key elements. The first key elements is, “be a company that people want to work for”. There are many companies that have been labeled as, “employers of choice”. These employers all have something in common, which is how they value their employers (Branham, 2000). They treat their employees with respect and like family. With being an “employer of choice,” people are the most valuable asset; not just customers but employees too. Many companies go above and beyond for their customers, but not for their employees, yet they wonder why they are losing valuable talent.

Having a high employee turnover rate can cost the company more than just people. There are many “costs” physical and opportunity that are included into high employee turnover. The physical costs of high employee turnover is training the new employee, interview expenses, and advertising costs. These are general costs, but when

Opposite to what some might believe, according to BOA’s Smith, “senior management is not the biggest hindrance to better security. Rather, the middle management might represent one of the largest challenges because they impact the organization daily.” Many organizations find it difficult to stay in compliance with different government laws and regulations like Sarbanes-Oxley Act and HIPAA in addition to Payment card industry Data security Standards. It does not help the fact that there is a scarcity in security professionals who have the technical and engineering skills that know how to explain the risks/rewards and the trade-off and can sell solutions within the organization.

There are two types of turnover, voluntary turnover happens when the employee makes the decision to leave and involuntary turnover is when employees has no choice in their termination (Schmitz, 2012). Every month or sooner managers experience some of their exceedingly qualified employees leave the company. After realizing that their company is becoming less profitable is when they begin to wonder why and brainstorm on ways to retain them. In Information Technology, “the cost of recruiting new staff is high and the loss of continuity when staff leave can also be very expensive” (Bott, 2005, p. 111). In IT, human resources strive to maintain their highly skilled employees while employees’

labor at security. Just make employees a little smarter.” By talking with people on your

Good evening Tinel, good job responding to this week topic. I agree with what you posted regarding Nemeth illustration of the need for training to effectively do a job within a security/law enforcement field and mitigate liabilities by stating “Lack of proper standards, training, and educational preparedness results in a predictable shortage of skilled and dutiful security practitioners. Many security agencies only requires those they hire to have an eight and sixteen hours security training. After hiring those individuals, the security agencies only provide them with eight hours in-service training. I dont think security guards who go through this process will have sufficient training to properly do their job. due to the minimum amount of

Employee/team member turnover may be mostly a negative issue, yet it can become positive if only controlled by the organization correctly and appropriately. Turnover is often utilized as an indicator of the organization performance and it can easily be observed negatively towards the organization’s efficiency and

The consequences of turnover include both direct and indirect costs to an organization. Direct costs include financial costs associated with an employee leaving, such as subsequent recruiting and training costs. The cost of replacing an employee, including separation, replacement, and subsequent training costs, has been estimated to be 1.5 to 2.5 times an employee’s annual salary. Turnover may also have indirect costs to an organization, such as losing the knowledge and skills of a worker as well as disrupting the established culture. Each employee that leaves takes away some contribution to the larger group and, until the position is appropriately filled; the organization may lose some amount of productivity

This report aims to evaluate reasons for high employee turnover rates and introduce effective counter measures to combat losses. I researched a number of peer journals, scholarly reports, and organizational reviews to complete my analysis. I was able to ascertain a few key elements that have proven to be desirable for employees on all levels and develop a clear understanding of elements that push employees away from an organization. This report uses the data I collected to suggest why employees leave and how to keep them.

In any organization high employee turnover is not cost effective and is time consuming. The credibility of the organization might also be affected if employees do not stay for a good period of time working for them. A good reason employees may resign is being motivated by higher pay. No matter how much someone enjoys working for that organization if better pay is offered somewhere else they will more likely will end up leaving. Every organization must maintain salary competitive by offering comparable pay and benefit packages. In addition to traditional “pay and benefit” compensation, some companies also offer extra perks such as on-site gym, day care, discounts on services or traveling and employee assistance programs. Another reason why employees might resign is that they do not feel engaged. Employees like having job satisfaction, challenges, new duties, recognition, receive positive feedback, new goals and job advancements. If employees feel bored they might leave the organization. High-performing workers need to feel that they are being challenged and are moving forward in terms of professional growth and development. Another reason of turnovers is that employees are poorly managed. A bad boss can make employees feel miserable; if their immediate supervisor creates an uncomfortable work environment they may consider leaving. Employees who are well compensated, challenged, engaged and properly managed will likely be

Through our investigation, we have discovered the employee turnover rate at APPSmart Inc. is immensely high in comparison to the industry average. This is an important issue that must be quickly addressed. Turnover is the termination of an individual’s employment with an organization and can be permanent, temporary, voluntary or involuntary (Dessler & Chhinzer, 2016). High turnover rate at APPSmart can be due to the lack of compensation and benefits provided to the employees. Employees working in the production plant are paid minimum wage and do not necessarily receive compensation for overtime work. Therefore, if these employees are presented with a better offer, they will likely consider leaving. Turnover can increase recruiting and training

I have completed my monthly roster check and I noticed that security is very understaffed by policy standards. I would like to advise you that policy states that it should be (10:1) student security ratio. We have been coping with the people we had. But on January, 1, 2015 about nine workers turned in their letter of resignation. All of their reasons were that they were overworked and tired. I have to try to fill all these spots. But

The American Society for Industrial Security (ASIS) is today’s main association of private security. The year of 1955 is considered the beginning of the modern age of security. Private security was needed everywhere, in hospitals, hotels, retail etc… as stated in (chapter 2, P.38) that ‘’ Retail establishments, hotels, restaurants, theaters, warehouses, trucking companies, industrial companies, hospitals, and other institutional and service functions were all growing and facing a serious need to protect their property and personnel’’. After the events of 9/11, private security agencies were required to play more roles in crime prevention. Private security agencies were required to review and standardize their method of training and to review the pay of employees. Lot of recommendations have been made to improve the education and training, above all the extension of training time.

(Anecdote of trainee told not to come back) (Introduce management and security beef. Explain I am apart of security) (Explain why issue is important) Can the turnover rate of security guards at Heraeus be lowered?