Shanghai Silk Pharma Ltd: Employee Turnover

Jawad Syed and Junhua Wang

Asian Journal of Management Cases, 2018, vol. 15, issue 2_suppl, S55-S67

Abstract: This case highlights the issues of employee turnover and retention in a Chinese private sector pharmaceutical company. It discusses the reasons of high employee turnover and the company’s approach to retention. While the case shows that individual–company fit and individual–work fit affects voluntary turnover, it also highlights the importance of financial and non-financial incentives and measures to improve employee retention. It also discusses issues of high-power distance and guanxi that are unique to China. Overall, the case brings to light different organizational choices and strategies to address employee retention.

Keywords: Employee turnover; retention; China; pharmaceutical; high-power distance; gunaxi; organizational behaviour (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anjomc:v:15:y:2018:i:2_suppl:p:s55-s67

DOI: 10.1177/0972820118804969

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