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To determine what affects turnover rate, a sample of 33 companies was randomly selected and data collected on the average annual bonus and turnover rate (%). In addition, a questionnaire was administered to the employees of each company to arrive at a trust index (measured on a scale of 0 - 100). Below are the multiple regression results. Dependent Variable is Turnover Rate
Analysis of Variance
-State the hypotheses for testing the regression coefficient of Trust Index. Based on
the results, what do you conclude?
ProMES
A performance management system that aims to improve organizational effectiveness by clarifying expectations and objectives.
Goal Theory
First proposed by Ed Locke, goal theory is a fairly simple model of motivation based on the premise that people with goals work harder than people without goals. Beyond that, the theory suggests that not all goals are created equal, and that goals that are difficult and yet specific and concrete will motivate employees best.
Specific
Clearly defined or identified; precise or exact.
Difficult Goals
Goals that are challenging and require significant effort and resources to achieve, often leading to higher levels of motivation and performance.
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