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In determining the best companies to work for, a number of variables are considered, including size, average annual pay, and turnover rate, etc. Moreover, employee surveys are conducted in order to assess aspects of the organization's culture, such as trust and openness to change. In an attempt 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 (%) for 2008. 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.
-The correct null hypotheses for testing the regression coefficient of Trust Index is
Leadership Transition
The process of transferring leadership roles, responsibilities, and authority from one individual or group to another.
Succession Plan
A strategy for identifying and developing future leaders at a company, non-profit, or other organization, often during a time of change, to ensure that the organization continues to operate effectively.
Financial Matters
Pertains to issues, operations, or decisions involving the management, investment, and expenditure of money.
High Failure Rate
A situation where a significant proportion of attempts or efforts in a particular endeavor result in failure.
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