Turnover

Employee benefits of Facebook Incorporation
Student
Institution
Due
Introduction
There are manifold ways of estimating the success levels of any entrepreneur. One of the ways includes the ability of an enterprise to impact the lives of its employees positively. The tangible rewards to employees that are popular in various corporates include the provision of the generous package to employees, intangibles like mentorship of the employers, and these can change positively.
The Facebook Corporation
Facebook is a company that is getting operated using an efficient Human Resource model that has critically affected the success rate of the company. One primary reason why the company is not going to experience high rates of employee turnover is attributed to the fact that it is providing the best package benefits to its employees (Kirkpatrick, 2011).
According to Kirkpatrick, Facebook provides a perk of health care coverage and free housing for its interns. Besides, the Facebook interns are reportedly earning more than $7,000 monthly packages (2011). The corporation also provides free snacks and lunch. Facebook delivers maternity and paternity leave, alongside a whopping $4000 cash for the babies born to Facebook employees. Lastly, the company offers health insurance of $720 (Kirkpatrick, 2011).
The benefits of the packages that Facebook provides to employees are just immense. First, the employees are encouraged to report to work every morning. Moreover, the benefits leave the employees energetic, uplifted, and thriving.

Indeed, this is the reason why the Human Relations officers at Facebook deserve to be commended (Haldane, 2013).
Conclusion
Employee turnover is so costly for any company since it not only adversely affects the morale of the employee. It impacts on the efficiency and effectiveness of organizations who are employers since, in several instances, they have to compensate these employers. Since making gains is the primary aim of agencies, certain entities like Facebook company have worked hard to reduce employee turnover.
References
Haldane, A. G. (2013). Rethinking the financial network. In Fragile stabilität–stabile fragilität (pp. 243-278). Springer VS, Wiesbaden.
Kirkpatrick, D. (2011). The Facebook effect: The inside story of the company that is connecting the world. Simon and Schuster.