Employee Turnover at MT Company: Identifying Causes and Solutions

This research study identifies the primary reasons behind employee turnover at MT Company. A key finding points to the lack of humanization in the corporate culture as a significant contributor to employee burnout. Many companies prioritize performance and profits over employee well-being, neglecting aspects such as employee benefits, work environment, and development opportunities. This leads to a sense of meaninglessness and lack of achievement in the workplace, ultimately fostering feelings of professional exhaustion.

Furthermore, the study reveals shortcomings in grassroots management practices. Companies often emphasize directives and control without considering the needs and desire for participation from employees. The absence of effective communication and coordination mechanisms contributes to a lack of belonging, leaving employees feeling disregarded and undervalued.

While nearly half of the workforce has attained higher education, the company fails to prioritize career development planning for frontline employees. The absence of established promotion channels and training programs restricts career advancement opportunities, exacerbating the employee turnover rate.

To address these issues, the study proposes a series of measures:

• Improving compensation and promotion mechanisms: Implementing clear and competitive compensation structures and establishing transparent promotion pathways to acknowledge and incentivize employee contributions.
• Enhancing the working environment: Fostering a positive and supportive work environment that values employee contributions and promotes work-life balance.
• Optimizing job content: Ensuring that job roles are engaging and challenging, providing opportunities for professional growth and development.
• Establishing effective teamwork mechanisms: Promoting collaboration, open communication, and a shared sense of purpose among employees to foster a stronger team spirit.
• Creating a new flexible management mechanism: Shifting from a rigid command-and-control approach to a more collaborative and employee-centric management style.

The implementation of these measures aims to ensure the company's smooth operation and mitigate the negative impact of employee turnover. Although the current high turnover rate poses challenges to MT Company's growth, this research offers valuable insights into the underlying factors and provides actionable strategies for addressing them. The study's findings will serve as a foundation for developing more effective and sustainable workforce strategies, contributing to MT Company's future success.