Google has high employee turnover rate since the company has been hiring a lot of new and youthful employees. According to Bloomberg News, Google has expanded from nine thousand employees to about twenty eight thousand since 2007. The median age of the employees is 29. Despite the company having the best organizational benefits such as great insurance, 5 months paid maternity leave and free five star food and yoga exercises, most employees are disloyal and leave the company after one year. The high turnover rates are the order of the order of the day following the highly competitive job market for technology business in the United States (Hernandez, par. 2). Google has been rated as one of the best organizations to work for citing an 84% satisfaction rate. However, the fact that its employees get to leave after an average of about one year indicates that there is an underlying problem that can be traced to workplace stress hence impacting on employee satisfaction.
While some level of workplace stress is considered as normal, excessive stress interferes with productivity and impact on the employee’s emotional and physical health (Segal et al, par. 1). An employee’s capacity to deal with workplace related stress determines the difference between success and failure. It is important for employees to remember that they cannot control everything in the workplace but they can bring about change by controlling that which is within their control and that is the individual himself. The intense competition in the technology market coupled with a troubled economy in the United States is a reason for employees in companies like Google to fear budget cuts and layoffs leading to uncertainty and high levels of stress. This could be the reason why employees leave Google after an average of one year looking for better prospects where they can have work security. It is important to find the most appropriate means to manage people and retain valuable employees for long (Cascio, 79)
Cascio, Wayne F. Investing in People [electronic Resource]. FT Press, 2010. Print.
Hernandez, Barbara. Despite Employee Perks, Google has High Turnover. July 29, 2013. Retrieved from http://www.nbcbayarea.com/blogs/press-here/Despite-Employee-Perks-Google-Has-High-Turnover-217417931.html on 9/12/2013.
Segal, Jean., Smith, Melinda., Robinson, Lawrence and Segal, Robert. Stress at Work: Tips to Reduce and Manage Job and Workplace Stress. 2013. Retrieved from http://www.helpguide.org/mental/work_stress_management.htm on 9/12/2013.