Understanding Employee Turnover and Retention

Learn about the key concepts in employee turnover and retention, including the definition of employee turnover, its different forms, and its importance in organizational management. Get familiar with the terminology and concepts used in the field.

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Questions and Answers

What is the typical time period used to measure employee turnover?

One year

What is the primary focus of academic research and HR practitioners regarding employee turnover?

Voluntary turnover

What is the main reason why labour turnover is costly for firms?

Because of the added cost of recruitment and selection

What is the term used to describe employee-initiated turnover, where employees choose to leave the organisation?

Voluntary turnover Signup and view all the answers

Why is understanding the drivers of turnover important for organisations?

To assess the effectiveness of people management practices Signup and view all the answers

What is the purpose of measuring employee turnover in organisations?

To assess the level of success or performance in organisations Signup and view all the answers

What happens when an organisation is able to keep its turnover low?

The organisation retains talented individuals and keeps the cost of recruitment and training low Signup and view all the answers

What is an example of involuntary turnover?

An employee being fired due to poor performance Signup and view all the answers

What is the key difference between voluntary and involuntary turnover?

The choice to leave the organisation Signup and view all the answers

What are push factors related to?

Dissatisfaction with the job or organisation Signup and view all the answers

What type of turnover is driven by non-organisational-related reasons for leaving?

Unavoidable turnover Signup and view all the answers

Why is a high rate of turnover not necessarily a problem for all organisations?

Due to operational and cultural differences Signup and view all the answers

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