Tunover

In: Business and Management

Submitted By munud
Words 478
Pages 2
Turnover can be defined as a situation when the employee voluntarily leaves their job and they must be replaced by new staff. Depending on the type of business and the economic condition the severity of turnover varies. Most of the high technical companies and manufacturers has low turnover while hospitality business experience higher Turnover problem which is expected to be high as 50%-75%.. Abbasi and Hollman (2000) go so far as to state that turnover is "one of the most significant causes of declining productivity and sagging morale in both the public and private sectors" (p. 333).Turnover also produces intangible costs, such as declining morale (Abbasi & Hollman, 2000), and the disruption of social and communication patterns (Mobley, 1982). turnover is higher in the environment when the employee feel they are taken advantage of, undervalued and ignored a. Compare the actual outcomes with the expected outcomes (include the unplanned outcomes) b. Include the negative impacts as well as positive.
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Resort staffed with career builders and providing exemplary levels of service.if the turnover is high the staff will be moticated and other potential perforemer s would be waiting att he gate.
b.Impacts of turnover
1.Negative effects
High Training cost for hiring new personnel. In the current job market companies with high turnover are facing difficult problem because of the overwhelming number of job seekers currently out looking for and applying to jobs, and filling their positions with qualified candidates who will not just leave or be fired in the future.
Turnover is a severe problem to productivity, quality, and profitability .
Decrease performance and Employee Morale
According to…...

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