Research On The Problem Of Turnover Of Core Employee In China Merchants Bank Shanghai Branch And Its Countermeasures

With the deepening of global economic integration,the human resources management of modern enterprises has become an important part of the sustainable development of enterprises.As a result,the core talents have become the object of competition among the enterprises,which makes the turnover of core employees more frequently.At present,different types of enterprises in China have their own advantages and disadvantages in the battle for attracting core talents.However,it is undeniable that the massive loss of core employees has adversely affected the economic benefits and corporate reputation of enterprises.Huge losses have even affected the companies’ sustainable development in the future.Therefore,the problem of turnover of core employee has become an important issue needs to be solved urgently by each company,and it is also one of the severe challenges faced by the company leaderships.How to reduce the loss of core employees and minimize the risk and cost of the problem has become the primary issue for many domestic managers to pay attention to and to solve.In this paper,the connotation of core talents and brain drain of enterprises is elaborated.Through reviewing a large amount of data and literature,the basic theory of this paper is sorted out.Meanwhile,the current situation and features of the brain drain of China Merchants Bank Shanghai branch are analyzed,and then the impacts of the employees’ turnover will be found out.In order to further understand the reasons for the loss of core employees in China Merchants Bank Shanghai Branch,this dissertation conducts a field investigation.With the perspectives of organizational commitment,psychological contract and organizational identity,the causes behind the turnover of core employees are explored,corresponding strategies for enterprises to tackle the problem also are put forward,which may have a positive effect on domestic enterprises.For China Merchants Bank Shanghai Branch itself,this paper can also help to solve the problem of core staff turnover,improving its market competitiveness and promoting steady development.This paper mainly studies the problem of core employees’ turnover in China Merchants Bank Shanghai Branch.After analyzing the reasons,it proposes practical and effective strategies for the problem.The whole paper is divided into six parts.The first part is the introduction.The research background,research significance,research contents and methods,literature review at home and abroad are discussed.The second part is the definition of relevant concepts and theoretical basis,which mainly covers the concepts of core talents,brain drain,organizational behavior theory,human resource development and human capital theory.The third part is the current situation and the negative impact of the core employee turnover of China Merchants Bank Shanghai Branch.By introducing the general structure and management,and analyzing the current situation of core employee turnover of China Merchants Bank Shanghai Branch,we could better understand the negative impact of core employee turnover on enterprises.The fourth part is the investigation and analysis of the reasons for the loss of core employees of China Merchants Bank Shanghai Branch.Through the use of questionnaires,we could find different kinds of problems in the talent training of China Merchants Bank Shanghai Branch,and then deeply analyzed the reasons behind them.In the fifth part,the strategies to prevent the loss of core employees would be proposed as responses to the problem of brain drain of China Merchants Bank Shanghai Branch,followed by research conclusions and prospects in the last sections,which mainly summarizes the content of the full text and looks forward to the future development.