Employee disengagement with LGC Company

Abstract

As every enterprise around the world admitted that, human capital is the most important for each enterprise that can compete with other, can win in the competition and can create more differences compared to others cannot copy. Especially, key position such expertise, manager, director, etc. These employees will bring too many benefits and values to the company. In general, Human capital is the effective competitive advantage of many enterprises if they spend times and money for it. Many companies in Vietnam do not pay more attention in Human resource, the cause of this is that they thought its waste their time and money. If they want, they can cooperate with expertise or some excellent people and they just pay a little bit higher for these kind of resource, they do not need to spend more for their existing employees. The author agrees with them, but that is not a smart way and that is a short term way for business if they want to growth sustainably in the future. This way is just suitable for running project in few years – we need their experience to run project to meet deadline and low cost. Because we just hire one to two expertise for each project. And now, studying about LGC for my thesis. The author saw that LGC has been facing a high turnover rate of their employees for few years due to its performance is always low. The author has using in-depth interview and some kind of literature to analyzed. This study concentrate on what is the main problems, why it happened, how is it important and how it is affect to the company. Furthermore, employees are feeling frustrated and no motivation when they work and never meet target, it means that company will fail in short term. This study will help BOD find out the main cause of the problem and give the best solutions to solve it then push everything run smoothly and drive in the right track not only for decrease the turnover rate but also meet the company target.