Question

A company is facing high turnover rates and low employee morale. Which HRM strategy would be most effective in addressing these issues?

Options

• Implementing a rigorous training program for new hires

• Introducing a competitive bonus structure

• Conducting a comprehensive job analysis and redesign

• Enhancing employee participation in decision-making

Answer 1

Enhancing employee participation in decision-making

Explanation:

High employee turnover and low morale stem from workplace alienation and job dissatisfaction. Allowing employees to participate in decision-making immediately improves their sense of belonging, worth, and job security, thereby actively addressing morale issues. This non-financial incentive has been shown to boost employee retention and build a highly collaborative workplace.