Week 9 Exercises: Attempt 1
3) The CEO of Krinklc Forms Inc. says there is a serious problem with turnover, with data for her observation provided below.
Seniority Turnover Rate
0-2 yrs 61%
2-5 yrs 21%
5 + yrs 9%
The CEO wants to use employee benefits to lessen this problem. Before agreeing to look at this as the solution, what should run through your mind as a trained professional? What might you do, specifically, in the areas of pension vesting, vacation and holiday allocation, and life insurance coverage in the effort to reduce turnover?
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