2. 1. Introduction
2. Turnover Rates
3. Employee Turnover
4. Employee Retention
5. Loyalty to the Company
6. Conclusion
Table of Contents
3. Full-time employment is a powerful contributor to
employee turnover, employee retention, and
employee loyalty to PetSmart.
The more full-time employees at the Palm Desert,
PetSmart location will increase productivity,
therefore increase profitability.
Introduction
4. Turnover Rates
The U.S. is among the top 5 countries with
a high employee turnover at about 23%.
5. In 2012 PetSmart had a turnover rate of 67% in its part-
time employees.
More than double the countries average.
10% is a recommended goal for employee turnover.
Employee retention and loyalty will help lower the
turnover rate.
Employee Turnover
6. In order to get closer to a 10% turnover rate,
employee retention is key.
Full-time employment creates a commitment
between the employee and the company.
Employees usually hold one full0time job
compared to multiple part-time jobs.
Employee Retention
7. Offering full-time employment creates company
loyalty (more valuable than you think).
Employees are more motivated to come to work
and work efficiently.
More time is spent getting tasks done, rather than
training new hires.
Loyalty to the Company
8. Employee loyalty and retention play a big role in
the turnover rates at PetSmart.
In order for Petsmart to achieve a lover turnover
rate, employees should be benefited with full-time
employment.
Pay-roll will not suffer the expense of constant
training.
Conclusion
