TURNOVER RATE HIGHER THAN PRIMARK FOR EMPLOYEES

Why is the turnover rate high within Primark for employees within the first year of service?

[Name]

Why is the turnover rate high within Primark for employees within the first year of service?"

Chapter 1: Introduction

Background

Primark is known for selling clothes at the allowance end of the market. Its achievement is founded on locating supply, making apparel with easy designs and fabrics and goals juvenile, fashion-conscious persons ages 35 underneath, offering them easy yet high value apparel and apparels. Therefore, these achievements brought important alterations on Primark's retail business. The relevance of international tendencies and buyers' demands on lifestyle made Primark shop Limited reinvent its business design and management structure.

Aims of the Study

This study location the following questions:

Why is the turnover rate high within Primark for employees within the first year of service?

What are the factors which results in high turnover rate for employees within the first year of service within Primark?

What is the business case for the research and what are the likely benefits to the organisation?

This research focuses on the Primark's turnover rate. The main focus of the research is on the higher turnover rate of the Primark within the first year of the service. This is likely to be the case for Primark. Primark has become a fashion sensation through its high-quality, high-fashion basics. The likely benefits which can be expected by the Primark are the different trends which could be followed at Primark. Primark can hire different employees and provide them the new benefits which can reduce the employee turnover rate.

Why there is a problem/issue/opportunity?

There is a problem because the employee turnover has always been a problem for any company. It is not considered as good when companies have a higher rate of employee turnover within a year. This shows that there is some problem within the company's policies, working conditions, atmosphere or any other thing. Thus, it is considered as the alarming situation for any company, and calls for any action to be taken.

Chapter 2: Literature review

Employee turnover happens when employees voluntarily depart their occupations and should be replaced. Turnover is conveyed as an yearly percentage of the total  workforce.  For demonstration, 25 per hundred employee turnover would signify that one-quarter of a company's workforce at the starting of the year has left by the end of the year. Turnover should not to be bewildered with  layoffs,  which engage the termination of employees at the employer's discretion in answer to enterprise situation for example decreased sales or a amalgamation with another company.

 

Why is the turnover rate high inside Primark for employ?

There are so numerous causes for the higher turnover rate inside Primark for employees inside first year of their service. Some of the causes are as followed:

• Contrary to what some employers might accept as factual, wages and advantages, whereas significant, are not the major causes that employees are persuaded and stay pledged to their job. Instead, they state they seem that their employer really cares about ...