Staff Turnover in Hong Kong's Hospitality Industry Essay

Staff Turnover in Hong Kong's Hospitality Industry - Essay Example The phenomenon of employee turnover is considered as one of the natural outcomes of conduct of business in modern organizations. Thus it is said that achieving zero percent turnover is not practical and should not even be attempted in today’s rapidly changing employment environment (Branham, 2000). It is also said that some turn over may be desirable as it would enable a shake out amongst the employees avoiding bunching up of a large number with similar pay scales, salaries and capabilities making a pyramid (Branham, 2000). To retain all such employees will be extremely expensive for the organization. New employees are also said to bring in fresh ideas, approaches, abilities, attitudes and also prevent the organization from remaining stagnant (Branham, 2000). 2.3 Brief introduction of Hong KongHong Kong is said to be a very vibrant metropolis which has a life and dynamism of its own making it one of the unique cities in the World. It has a typical Chinese culture which has rem ained unaffected by British influence over the years (Hong Kong, 2006). It offers a mix of the modern and the ancient, the Oriental and the Western and therein lies its charm. At the same time the employment environment in Hong Kong follows a very flexible tendency. Thus employees in Hong Kong are not inhibited by generally accepted norms of loyalty and life long service which is characterized by some Eastern management cultures such as the Japanese (Hong Kong, 2006).