In: Finance
Organizational turnover is generally considered a negative outcome, and many organizations spend a great deal of time and money trying to reduce it. What sitatuations would indicate that an increase in turnover might be just what an organization needs? Given the difficulty of terminating employees, which organizational policies would you recommend to retain high-performing workers, and why? And, at the same time, which organizational policies would you recommend to increase the attrition of low-performing workers?
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Answer:
A circumstance when high worker turnover would be actually what the association needs is if the present representatives can't productively and successfully complete their work. This implies current workers are well on the way to cause the organization more cash than they are worth no doubt through sluggishness accepting that they are not every new representative who are as yet learning.
An arrangement that will advance the maintenance of superior workers is offering rewards to representatives who perform at a specific level or high with a top notch rating too. This will likewise make low performing need to leave since they are bound to believe that they are not reasonably getting paid given that they see others with all these rewards each check.
Likewise permit superior workers the opportunity to enter preparing for the board programs, along these lines they will see more cash right now as well as observe an opportunity to have a higher saw in the association.