Chapter 11 RomaniaDealing with Employee Turnover at Fomco Group, a Successful Family Business from Romania
Kinga Kerekes
Case Synopsis
Fomco Group1 is a family business that was established in 2002 in Romania. Over time, the company has developed into a group of six firms, which are active in different fields. The case begins with a presentation of the Romanian context, followed by a short description of the company and its HRM procedures. The case focuses on the main challenge faced by the HRM department recently, which is the high turnover among newcomers, exploring key causes, as well as the solutions adopted by the company.
Keywords
Employee turnover, employee retention, recruitment and selection, employee ...
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