Human resource managemnt and employee turnover in kazakhstan's companies
The role of human capital in the organizations is essential as it is a mechanism of the organization. If the company manages to hire right people and place them on the right position on the right time, the company can achieve many goals. In order to be successful in the market organizations should have very good management system that can use all their assets, capitals and employees effectively and efficiently, as well. Staff turnover is a situation at which employees leave a company and are replaced by new employees. It is costly and time consuming to hire new employees and teach them again. Staff turnover is divided into voluntary and involuntary. In the first case an employee leaves the company because of his/her wish and this is usually a loss for the organization. To prevent this, the company can provide the employee with various social benefits, etc. High staff turnover can lead to problems with staff, and the cost of staff turnover can also damage the financial position of the company. The article considers the question of whether organizational changes, staff motivation and staff training, combined, affect the turnover of the staff, for which the authors conducted a survey among employees of several companies in Almaty. Since the manufacturing sector has the highest staff turnover, this sector is analyzed and some results are revealed. The study confirmed the hypothesis that companies are able to reduce staff turnover through effective employee training programs.