Domino's Reducing Turnover

914 Words4 Pages
Domino’s is trying to Reduce Employee Turnover What are your thoughts about the different approaches taken by Starbucks and Domino’s to reduce turnover? Given these strategies, which company will be more effective in the long term? Explain your rationale. Starbucks’s Strategy Firstly, Starbucks’s strategy to reduce turnover is increase the minimum wage/salary level of the employees. By adopting such tactic, Starbucks, in short term, may be able to gravitate a large bunch of employees who are having some financial problems for time being. Secondly, when we talk about employee’s loyalty, money cannot buy it. Though money is an important element yet it is significant only to gain a comfortable level of living. Once that level is achieved it becomes of secondary importance for employees. Sometimes monetary benefits are not as imperative as the ‘Sense of Purpose’ and ‘Emotional Bondage’ workers have with their organizations. Domino’s Strategy Domino’s, on the other hand, is more focused on changing its managerial practices rather increasing minimum wage level of its employees to gain long-term benefits. Firstly, it is intensively focusing on Store Managers’ hiring and training. By increasing their ‘Engagement’ in job they are making them more committed to their work. Secondly, Domino’s is providing flexible time schedules to its employees as a results employees’ ‘Perceived Organizational Support’ toward Domino’s has increased as it is concern about their well-being. Thirdly, Domino’s sends a goodwill gesture towards its employees by naming its Human Resource Department as ‘People First’. It shows that contributions of workers are appreciated at Domino’s and it believes in the philosophy that ‘People can make a Difference’. Fourthly, Domino’s strategy is also successful in reducing its costs of recruiting, hiring and training employees by making them more

More about Domino's Reducing Turnover

Open Document