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Cause Of Turnover In Lebanon

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The Causes of Turnover in Lebanon
In addition to the above mentioned general causes of turnover, there are certain causes specific to Lebanon such as:
Economic Slowdown: The bad economic situation in Lebanon is leaving companies unable to promote employees and increase their salaries.
Political and Security Situation: The persisting domestic political uncertainties, a further delay of constitutional milestones, and widening regional security drifts played an essential role in employees turnover in Lebanon, and forced many employees to search for a safer place to work in abroad.
Competition of Foreign Labor: The competition of foreign labor lead to the decrease of the salaries of the Lebanese employees, and to the replacement of certain Lebanese …show more content…

A well-thought-out training and career development program can provide a strong incentive for employees to stay in the organization.
Relationship between compensation and benefits and turnover: Employees desire a fair compensation system that is equivalent to their skills, knowledge and experience. Therefore, HRM must recognize that pay is the main employee’s concern since it provides a tangible reward for the employees for their efforts as well as a source of recognition. Employee compensation and benefits include all forms of pay, bonuses, rewards, commissions, recognition programs, and flexible work arrangements.
Relationship between career development and turnover: Career development is the processes of helping employees acquire the skills and experience they need to perform current and future jobs. Career development is an ongoing process that considers employees as the vital organizational resources. Therefore, career development must be considered as a key business strategy if an organization wants to continue to function in a competitive global business environment. Organizations should provide their employees the chance to develop and grow which will motivate them to …show more content…

In Lebanon, many companies continue to hold traditional views of human resource management and consequently fail to capitalize on its full potential. Lebanese companies should be aware of the essential role human resources department plays in achieving high organizational performance and in dealing effectively with all the challenges the organization may face. Therefore, Lebanese companies should invest more in the human resources department and boost its work.
Finally, we can say that employee turnover can be an avoidable challenge if the human resources department formulates effective retaining strategies and practices and implement them in order to maintain competent and skillful workforce that the organization depends on to increase profitability and accomplish its strategic

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