Unit 3 Contd..Outplacement Services & Job Rotation
Unit 3 Contd..Outplacement Services & Job Rotation
IMPACT OF TURNOVER
Inability to achieve business goals
Loss of image to attract other individuals
High cost of turnover or replacement
Churn- having new workers while trying off others
TYPES OF TURNOVER
Involuntary-Layoffs
Voluntary-leaving for personal reasons
Functional-Retirement
Dysfunctional-fired
Controllable-Downsizing
Uncontrollable-Personal Reasons
Employee
Turnover & Retention
(Meaning, Types, Ways to Retain)