Assume that you are an HR director for a multi-state grocery operation. Staff turnover has been in
Question:
Assume that you are an HR director for a multi-state grocery operation. Staff turnover has been in line with other competitors but is still high compared to past years. You know that staff is stressed and working overtime, but leadership is focused on profit margins. Margins are currently high because labor costs are down due to short staffing. For reference, the average wage for front-line workers is $14/hour. There are 340 front-line employees currently, with the need for 400. Each month, you hire an average of 25 front-line employees but lose an average of 30.
Required
Give a current snapshot of internal and external labor considerations (i.e. stressed staff, market forces, etc.) and express concerns with the current staffing levels.
- Develop at least 2 recommendations to retain current staff.
- Develop at least 2 recommendations to attract new staff.
- Provide a cost analysis showing the benefits of implementing recommendations.
- Provide a timeline for implementing recommendations.
- Provide metrics that will be tracked to show progress of the recommendations.
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina