A Study On Employee Turnover Of The Real Estate Firms

In present days, employee turnover rate is very high. How to reduce this rate is a big problem facing to enterprise's administrator. Employee turnover situation is stated. This paper analyzes various explicit and tacit harms that caused by employee's turnover, such as cost losing, productive efficiency decreasing, employee's morale impact, etc. This paper also analyzes macro factors----policy, industry, area, and micro factors----enterprise'organizational environment, human resource management and personal reason that cause high turnover rate. Based on general statement of employee's turnover theories, from administrator's prospective, the author proposes some solutions and measurements against this problem. First of all, organizational environment should be improved including organizational scale, organizational culture, and vision. It will help reduce and erase organizational factors that causes turnover. Second, scientific human resource management system should be constructed and improved, such as compensation, performance appraisal and train. Third, media variable of turnover should be supervised. Organization should pay more attention on local labor market and adjust strategy according to demand and need changes of labor market. In the last part of this paper, the author analyzes and diagnoses employee turnover reasons of LG Real Estate Company as a case. According to characteristics of LG, such as small scale, swift development and under-normative management, the author proposes a set of solution, including redesigning compensation system, performance appraisal system and enforcing train, etc.