Employee Turnover and Its Effect on Performance of a Hospitality Industry Essay

Hospitality industry is an industry that provide the servives of food, drink and lodging facilities. The hospitality industry comprise of commercial and eudaimonia sector. The commercial sector includes the hotel, restaurant, inn, guest house, vending services etc and the welfare sector are the hospitals, aged and welfare homes, etc. in the cause of this research, we will be looking in the commercial sector narrowing it down to the hotel sector.According to ( )the ratio of the number of workers that had to be replaced in a given time full stop to the average number of workers Employee turnover is the process of replacing one worker with another for any reason. A turnover rate is the percentage of employees that a lodge must replace within a given time period. When employees leave a company and have to be replaced, thats called turnover. Some employees will always retire, move away, go back to school, or leave the workforce. This level of turnover is not only unavoidable, it can b e beneficial. It brings impudent people into the system of rules with overbold ideas and a fresh perspective.Employees turnover is a well-recognized issue of critical importance to the organizations. Lack of employees continuity involves high costs in the induction and training of new staff. Organizational productivity is also one of the challenges that arise as a consequence of turnover (Siong et al, 2006). Employees turnover is a widely researched phenomenon. A commodious amount of theoretical and empirical literature identified various factors/reasons responsible for employees turnover. However, there is no standard reason why people leave organization (Ongori, 2007).