Nest Advisors is a management consulting firm having 250 fortune company client bases. The CEO of the company is concerned about high employee attrition rate in his company. He has given assignment to you to dig out the
CS Professional · Internal and Forensic Audit · PYQS · June 2026
Nest Advisors is a management consulting firm having 250 fortune company client bases. The CEO of the company is concerned about high employee attrition rate in his company. He has given assignment to you to dig out the reasons for such high attrition rate as well as any way forward. What factors does an Internal Auditor consider in such analysis ?
Answer & Explanation:
In order to find out the reasons for high attrition rate in Nest Advisors, following factors shall be considered: Job stress & work life imbalance Wrong policies of the Management Unbearable behaviors of Senior staff Safety factors Limited opportunities for promotion Low monetary benefits Lack of labour welfare schemes Whether the organization has properly qualified and experienced personnel for the various levels of works? Is the number of people employed at various works centers excessive or inadequate? Does the organization provide facilities for staff training so that employees and workers keep themselves abreast of current techniques and practices?
Topics: Operational Audit
Related Questions in this Topic
- Sunny Electric Ltd. is a regional electricity supply company facing frequent power outages, billing discrepancies and hi...
- Sunny Electric Ltd. is a regional electricity supply company facing frequent power outages, billing discrepancies and hi...
- As per Association of Certified Fraud Examiners (ACFE) 2022 report 85% of all fraudsters displayed at least one behaviou...
- The development of digital technologies has led to the growth of the internet, social media, and other digital platforms...
- The development of digital technologies has led to the growth of the internet, social media, and other digital platforms...