Assessment of employees turnover in the private sector: A case of Steps Entertainment Limited
The role of employment has received a considerable attention in Tanzania and taken as the major factor in accelerating development however, many new employment opportunities are substantially created in the informal sector whose rate of growth may be higher than that of the formal sector in the recent years, the private sector deliberately faces the challenge of employees turnover despite good rewards system, benefits, good working environment, elements of motivation and attraction. The broad objective of the study was to access the employees‟ turnover in the private sector specifically at Steps Entertainment Limited. The specific objectives of the study aimed at identifying the rate of employees‟ turnover at Steps entertainment Limited within the five years span, to examine the reasons of employees‟ turnover at Steps Entertainment Limited over the past 5 year. And last propose a workable solution to minimize employees‟ turnover rate. The data collection methods such as interviews, questionnaires, and documentation review from the firm were used to get the relevant information about the study. The data analysis were done through decision analysis techniques whereby the data was presented in terms of graphs, pie charts and tables to enable the reader to understand easily, the study realized that salary, employees dissatisfaction with their works, poor working conditions, lack of employees participation in decision making process, lack of motivation, discrimination at work place, supervision are among the reasons influencing the employees turnover at the firm. The study also revealed that the rate of employees‟ turnover is growing year to year and this may impact negatively to the growth of private sector. Lastly the study recommended that there is a need to restructure salary scales in order to ensure employees are satisfied, immediate plans should be there to minimize the rate of employees‟ turnover.
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