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05. Impacts of high employee turnover on the industry.

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     In my previous articles i have discussed deeply about employee turnover rates and some of the factors that can increase them, The following article is about the impact of employee turnover on businesses, and whether it is a serious problem.           High employee turnover is disadvantageous for a variety of reasons. These reasons can range from short-term, visible effects to long-term, subtle effects that develop over time.      Departing employees create recruitment and retention gaps in the short term, and recruitment costs definitely increase. In the long run, a high staff turnover rate within the company may indicate to existing employees and potential employees that your company has a problematic company culture or is not a great place to work. Although employee turnover may not be the result of internal issues, it can still have a negative impact on your business.` Effects of  high employee turnover. Decreased ...

04. Causes affecting the turnover decision.

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     In a previous article about the HRM issues, I have mentioned the causes for employee turnover in the global context  ( Read the article from this link:  Prevailing HRM issues in the printing industry  ) In this Article I will discuss those  causes further with regard to the Sri Lankan Printing industry . Employee turnover and retention.      Attracting and retaining talent is a significant employment issue in many organizations. The factors influencing employee turnover and job retention for business growth have been considerably researched.  Frequent staff turnover can cause problems such as low performance and organizational instability, and it wastes financial resources. It has been established that job satisfaction, organizational commitment, and turnover intention affect the job retention rate . Many ways to improve job satisfaction, and thus influence job retention and employee turnover, have been identified. Psychologic...

03. Shortage of skilled labor in Sri Lankan Printing industry.

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     Printing industry of Sri Lanka is currently experiencing a considerable shortage of "Skilled labor". Specially as a field with jobs that requires manual labor  as well as a lot of  practical and theoretical knowledge.  Finding the right people with enough creativity, sense of technology and passion is challenging. Careers related to printing industry  and their responsibilities. Figure 1 Identifying  the reasons for skill shortage. Figure 2 Not enough places to get knowledge ?           Most people believe that there are not enough places for getting knowledge and improving skills on printing related jobs.  The general perception in the industry and society is that the only way to go into a print-related career is to join a printing company as a trainee and progress from there.       However a further study on the matter proved otherwise. On the job...

02. Prevailing HRM issues in the printing industry

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HRM - Human resource management.      Human resource management is the organizational function that manages all of the issues related to the people in an organization. That includes compensation, recruitment, and hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, policy administration, and training.  Most Prominent HR issues in the printing industry. High Employee turnover           Keeping the employees in the job also is as challenging as finding them. It is a natural scenario that happens in any organization. People tend to leave their jobs for many reasons. taking actions to retain them is a crucial part in Human recourse management . Shortage of skilled labor.      Most jobs in the printing industry needs high level of expertise. This cannot be achieved by following some courses or learning theories. Lot of practical knowledge and on the ...

01. Printing industry of Sri Lanka - an overview

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1. History in brief  The printing industry in Sri Lanka has a long history, going all the way back centuries.  As the records state, the first printing press was introduced to Sri Lanka by Dutch's in 1736, about seven decades later upon capturing the maritime areas of then "Ceylon" by  expelling the Portuguese. This press was active from 1737 to 1796 and used for printing  religious, educational and non-educational books in Sinhala, Tamil and Dutch languages. The technology used was one of the oldest, the " Moveable  type press". T his technique allowed individual letters to be configured and placed together in any order and transferred to paper by pressing on. www.wikipedia.org A page from the first book printed in Sri Lanka Titled "SINGALEESCH GEBEEDE-BOEK " dailynews.lk      From then the ind ustry has been  growing and evolving through various stages . There ware nearly 100 printing companies established in the country in the beginn...