MHC Assignment 1

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Ø 

 Choose one industry which has highest turnover in Pakistan.

 Retail & Consumer Product (FMCG)

Ø  Examples of different companies from the industry.

 Hilal Foods Pvt Limited

 English Biscuits Manufacturer

 Colgate Palmolive

 Mehran Foods

Ø  Explain the reasons for the turnover

The reasons for employee turnover are as follows

 A highly competitive job market

 Minimal Trainings

 Relatively low wages

 Antiquated policies and procedures.

 Insufficient Onboarding

Ø  How can it be reduced, define strategies?

 Hire the right people at right place


 Offer market competitive pay and benefits
 Define career path
 Praise the employee on achievements.
 Encourage generosity and gratitude.

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