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- Study on the Influential Factors of talent loss in Small and Micro Enterprises — Take MDS Company as an example
Title:
Study on the Influential Factors of talent loss in Small and Micro Enterprises — Take MDS Company as an example
Author:
Feng Hengrui
Advisor:
ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong
Degree:
International Business Management
Major:
Master of Business Administration
Faculty:
บัณฑิตวิทยาลัย (Graduate School)
Academic year:
2566 (2023)
Published:
National and International Academic Conference “Creating Shared-Value and innovation for sustainability” pp.1617-1627 PDF https://mba.siam.edu/proceedings15/
Abstract
The development of the Chinese economy is the result of the complementarity between state-owned and private enterprises. Large enterprises are stable in market competition, but significant problems are developing small and micro enterprises. To help small and micro enterprises grow from a young age, the leading role of talent is prominent. The objectives of the paper were: 1) To analyze the current situation of talent loss in MDS companies; 2) To explore the influencing factors of talent loss in MDS companies. The research object of this paper is MDS company, and the qualitative method was used in this study.
Through investigation and research, the following conclusions can be drawn: 1) The rate of talent loss in core positions is high. There is a significant talent loss among the management and professional technical personnel of MDS company. The number of young talents lost is relatively high, with the majority being young people under 35 years old and most of the lost talents having received higher education. The issue of talent loss has hindered the development of MDS company. 2) The failure to meet the three physiological needs, safety needs, and belongingness and love needs is the main reason for the resignation of MDS grassroots employees, manifested in factors such as low salary, poor welfare benefits, and poor working environment. Esteem needs and self-actualization needs are the main reasons for the resignation of middle and senior management personnel in MDS, specifically manifested as the inconsistency between the company’s development and personal development paths.
Keywords: MDS company, talent loss, maslow’s hierarchy of needs