To combat employee turnover you want to take the initiative to improve employee relations through realistic Extrinsic and Intrinsic rewards. Since you know that increased costs are frowned upon, you will need to focus on rewards that do not pose salary or benefit increases as an initial approach. Your three to five page proposal to the CEO will include the following (you may use examples if you choose):
1. Three Extrinsic Rewards that might be useful.
2. Three Intrinsic Rewards that might be useful.
3. Choose one Theory of Motivation you think might be most useful. Briefly explain why.
4. Discuss one Motivational Strategy which might be most most appropriate for this scenario and why.