Management Studies and Business Journal
Vol. 1 No. 11 (2024): Management Studies and Business Journal (PRODUCTIVITY)

STRATEGIES TO REDUCE EMPLOYEE TURNOVER IN MSMES IN MUNA REGENCY

Ramiu, La Ode (Unknown)
Mokodompit, Eliyanti Agus (Unknown)



Article Info

Publish Date
30 Nov 2024

Abstract

Employee turnover in SMEs is a significant challenge faced by the small and medium-sized business sector, particularly in underdeveloped regions. In Muna Regency, employee turnover in SMEs has been increasing due to factors such as low wages and limited career development opportunities. While several studies have been conducted in large corporations, research related to turnover in SMEs, especially in this region, is still very limited. This study employs a descriptive qualitative approach with in-depth interviews with business owners, employees, and related parties to identify the factors influencing turnover and strategies that can be applied to reduce it. The findings suggest that performance-based incentives, skill development through training, and creating a positive work environment are effective strategies to reduce employee turnover in SMEs in Muna Regency. The implications of this study indicate that more structured and professional human resource management strategies are needed to reduce turnover and enhance the competitiveness and sustainability of SMEs in the region.

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Journal Info

Abbrev

productivity

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Management Studies and Business Journal (PRODUCTIVITY) reviewed covers theoretical and applied research in the field of Management and Business. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. PRODUCTIVITY Journal ...