The effect of employee satisfaction on the workforce turnover: An application on a company

This thesis examines the factors and results of the satisfaction of employee and the rate of turnover of workforce. The most important source for most of the companies to reach its goals is the human resource. So, improving the satisfaction of the employees is an important factor in order to keep the rate of turnover at the acceptable level. As an application, a sample company is chosen, a survey is hold about the satisfaction of the employees and their intents about leaving the job and the relation is gauged. The turnover rate of the same company and the results of the survey is interpreted. It is also examined which precautions should be taken in order to prevent the damage of high rate of turnover on the company and reduce such turnover to an acceptable degree. Key Words : Labor turnover rate, Staff turnover rate, Employee engagement, Employee satisfaction