Background of the Study
Employee turnover is a significant issue that affects organizational stability, productivity, and financial performance. High turnover rates can lead to increased recruitment costs, reduced employee morale, and a loss of institutional knowledge. Lafarge Africa Plc, a leading player in the Nigerian cement manufacturing industry, operates in Adamawa State, where the socio-economic conditions are unique, and businesses face challenges such as infrastructural gaps and talent shortages. The company has made significant investments in human resources to build a competitive workforce, yet it continues to grapple with employee turnover, which poses a risk to its growth and operational efficiency.
The causes of employee turnover are multifaceted, ranging from poor job satisfaction, lack of career growth, inadequate compensation, to external factors such as local economic conditions and job market competition. In Lafarge Africa Plc, turnover could be influenced by factors such as the nature of the industry, working conditions, and employee engagement initiatives. While many studies have focused on turnover in other sectors, there remains a gap in understanding the specific factors contributing to turnover in Lafarge Africa’s Adamawa State operations. This study aims to identify the primary causes of employee turnover and to assess how these factors impact the company’s ability to maintain a stable and skilled workforce.
Statement of the Problem
Employee turnover in Lafarge Africa Plc, Adamawa State, has been a persistent issue that affects the company's operational continuity and growth. Despite various retention strategies, the company has faced challenges in reducing turnover rates, especially among key personnel. There is a need to understand the specific causes of employee turnover in this context, as this issue impacts productivity, increases recruitment costs, and limits the company’s ability to retain its competitive edge. This study intends to explore the causes of turnover and provide recommendations to improve retention in Lafarge Africa’s operations in Adamawa State.
Objectives of the Study
1. To assess the causes of employee turnover in Lafarge Africa Plc, Adamawa State.
2. To evaluate the impact of employee turnover on organizational performance at Lafarge Africa Plc.
3. To identify strategies for reducing employee turnover in Lafarge Africa Plc, Adamawa State.
Research Questions
1. What are the primary causes of employee turnover in Lafarge Africa Plc, Adamawa State?
2. How does employee turnover impact organizational performance at Lafarge Africa Plc in Adamawa State?
3. What strategies can Lafarge Africa Plc adopt to reduce employee turnover in Adamawa State?
Research Hypotheses
1. There is a significant relationship between job satisfaction and employee turnover in Lafarge Africa Plc, Adamawa State.
2. Employee turnover has a significant negative impact on organizational performance in Lafarge Africa Plc, Adamawa State.
3. Effective retention strategies can significantly reduce employee turnover in Lafarge Africa Plc, Adamawa State.
Scope and Limitations of the Study
This study will focus on Lafarge Africa Plc’s operations in Adamawa State, analyzing the causes of employee turnover within the company. Limitations include potential bias in employee responses and challenges in identifying all contributing factors to turnover, given the complexity of the issue.
Definitions of Terms
• Employee Turnover: The rate at which employees leave an organization and are replaced by new employees.
• Retention Strategies: Approaches used by organizations to keep their employees engaged and reduce turnover, such as career development, competitive salaries, and benefits.
• Job Satisfaction: The extent to which employees feel content with their job and work environment
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