You have been hired as the new Chief Human Resource Officer (CHRO) at an S&P 500 company. As the CHRO, one of your primary roles is to be the workforce strategist. There has been a high voluntary turnover rate at this company and the CEO has directed you to develop a retention plan to resolve the high voluntary turnover rate. Write at least 5 page research paper using APA style outlining a retention plan.Grading Criteria:
- The student compared and contrasted between voluntary turnover rate and involuntary turnover rate. Moreover, the student researched the financial impact that voluntary turnover rate has upon the organization.
- The student identified internal and external causes of voluntary turnover.
- The student discussed the correlation between job satisfaction and voluntary turnover rate.
- The student identified at least four different strategies for reducing voluntary turnover rate. Moreover, the student assessed the strengths and weaknesses of each strategy.
- The student applied correct APA, style, usage, grammar, and punctuation.
- The student supported the research paper with at least four different scholarly sources such as research journals, research studies, government or accredited
--Must include title page, abstract page, reference page, in text citations all in APA format
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