Small and medium-sized enterprises (sme) are playing an essential role in revenue generation and employment size in indian economy however, increased rate of employee turnover has been. The new definition provides for an increase in the financial ceilings: the turnover of medium-sized enterprises (50-249 employees) should not exceed eur 50 million that of small enterprises (10-49 employees) should not exceed eur 10 million while that of micro firms (less than 10 employees) should not exceed eur 2 million. That number of employees do not reflect the real picture of a small enterprises (osteryoung, newman, 1993) and could incorrectly suggest the fact that if an entity is bigger it would need more employees, and for developing it has to employ more. Employee turnover is the rotation of employees around the labor market, that is, between firms, jobs, occupations and between the states of employment and unemployment.
Classical staff turnover is the rotation of employees around the labour market among firms, jobs and occupations, and among the states of aliogo and eneh - staff turnover in smes in enugu. Enterprise staff's proper flow is reasonable, and is helpful to enterprise's development but too often or a lot of employee turnover will seriously affect the enterprise development and competitiveness of small and medium-sized enterprises increased, especially for textile industry. In general, definitions of a small to medium sized enterprise (sme) globally use one or other of three defining measurements: number of employees, turnover, or the size of the balance sheet.
Small and medium enterprises in sunnyside, pretoria a non-probability sampling technique was used and 210 questionnaires were returned, representing an eighty-four percent response rate. The preceding section of this research shall focus on important themes such as follows the perceptions on employee turnover and types of turnover, job satisfaction, job performance, the construction industry, definitions of small and medium enterprises, factors that cause job turnover and so on. Findings, suggest that turnover decisions among small and medium enterprises employees is about the individual's perceived prestige and career development discover the world's research 15.
Between e-turnover level in small- and medium-sized enterprises (smes) and their overall performance (ugbam et al, 2012), the rate of employees' exit from such businesses, particularly in developing nations like nigeria, is not clearly identifiable from extant. The medium businesses as the name suggests are bigger than both micro and small businesses in terms of operations, manpower capacity or number of employees, structure, capital investment and size.
The purpose of this paper is to assess the magnitude of employee turnover (e-turnover) in nigerian small- and medium-sized enterprises (smes) with particular focus on the manufacturing and service firms adjudged as central to the growth and development of nigerian economy. Micro, small, and medium enterprises w orld b ank / i f c msm e c ountry i ndicator s 2010 msme country indicators msme country indicators record the number of formally registered msmes across 132 economies. Labour turnover on the performance of small and medium scale enterprises in the eighteen local government areas of cross river state, nigeria the cross sectional survey research design was adopted for the study. Unfortunately, despite the turnover of employees in small and medium enterprises is such a serious problem around the world, there are many studies to investigate this, but the employee turnover in small and medium enterprises has not decreased. Effect of recruitment and selection of employees on the performance of small and medium enterprises in kisumu employees and the enterprise turnover generally.
3 executive summary the importance of smes smes (small and medium-sized enterprises) account for 60 to 70 per cent of jobs in most oecd countries, with a particularly large share in italy and japan, and a relatively smaller share in the united. Small and medium-sized enterprises (smes) are a focal point in shaping enterprise policy in the european union (eu) the european commission considers smes and entrepreneurship as key to ensuring economic growth, innovation, job creation, and social integration in the eu. On the annual sales turnover or number of full-time employees normah (2007)  stated that, the smes have been the backbone of economic growth of an economy in driving industrial development. Human resource (hr) managers and business owners need to play critical roles to overcome the issue of the employees' turnover intention in an organization especially the small and medium enterprises (sme.
In the eu, a similar system is used to define small to medium enterprises a business with a headcount of fewer than 250 is classified as medium-sized a business with a headcount of fewer than 50 is classified as small, and a business with a headcount of fewer than 10 is considered a micro-business. Small and medium enterprise as used here is viewed in terms of enterprises annual turnover of capital and the number of its paid employees (ekpeyong and nyang, 2012.
Figure261: proposed research framework of the employee's turnover and intention to leave among employees in small and medium enterprises 262 hypotheses development the diagram above is the framework proposed by researcher for this research study. Companies to be labeled as enterprise (small and medium enterprise) this article is an attempt to summarize smes definitions of various authorities, a review of relevant literature of the field, theoretical overview through comparison with practices. Abstract: development of small and medium enterprises (sme) represents primary goal of every modern economy it is complex challenge it is complex challenge which includes great number of directly concerned parties in every sector of the state and economy.