Question

In: Operations Management

1) What in your opinion are the three major causes of employee turnover 2) Do you...

1) What in your opinion are the three major causes of employee turnover

2) Do you think that downsizing can always be avoided?

3) What alternative strategies are there to downsizing?

Solutions

Expert Solution

1) employee turnover refers to rate of churn, or the number of employees leaving the organisation frequently. The reasons or causes of employee turnover in my opinion are as follows:

* Unhealthy work environment. (Unfair treatment, conflicts, and other issues with the firm or management could lead to high employee turnover.)

* Dissatisfaction on the job. (Caused by various reasons viz, unfair treatment, low pay, demotivation, workload, stress, etc)

* No growth opportunities to develop career. (Employees won't stay longer in any organisation where they are not provided with growth opportunities.)

2) downsizing is a process of cutting down the workforce to reduce costs and keep the operations effective. It can be avoided in many circumstances but not always, Because an organisation may require downsizing in severe cases like crisis, financial downturn, restructuring, environmental factors influence, etc.

3) alternative strategies to downsizing vary with the situations an organisation is facing, these involves:

* Transfer of the employee to other regions.

* Temporary layoffs.

* Contacting other companies as a consultant for providing workforce.

* Cutting the pay rate.

* Eliminating some benefits.

* etc.

(Note: please like the answer it will encourage me. DO comment if any correction required before disliking.)


Related Solutions

Some of the challenges that managers deal with include employee turnover and employee absenteeism. What do...
Some of the challenges that managers deal with include employee turnover and employee absenteeism. What do you believe causes employee turnover and absenteeism?
1. What is your opinion about the Affordable Care Act overall? 2. What do you believe...
1. What is your opinion about the Affordable Care Act overall? 2. What do you believe are some of the pros and cons of the Act? 3. How did you develop that opinion? 4. Has the law led to more people accessing the healthcare system? 5. What are the implications of this? ***Be sure to back up your argument***
In your opinion, what do you believe to be the U.S.’s major public policy problem right...
In your opinion, what do you believe to be the U.S.’s major public policy problem right now? (examples: infrastructure, economic opportunities, immigration, the economy, foreign trade, etc...DO NOT WRITE ABOUT EDUCATION). How would you go about it; what would you do in order to fix it? Make sure you are able to support your answer.
Regarding Human Resources Management What are some of the major causes of job dissatisfaction and turnover...
Regarding Human Resources Management What are some of the major causes of job dissatisfaction and turnover at your organization? What specific actions can be taken to reduce turnover and improve morals and job satisfaction? Must be 250 words Please make copy paste available
In your opinion, what are the three major differences between the Net Present Value Rule of...
In your opinion, what are the three major differences between the Net Present Value Rule of capital budgeting and the Internal Rate of Return Rule of capital budgeting? Justify your choice of three differences as being the most significant. (minimum 200 words)
1. What do you think (in your opinion) is the purpose of Financial Authorities to monitor...
1. What do you think (in your opinion) is the purpose of Financial Authorities to monitor quarterly reporting of emitents / public listed companies? 2. What do you think about the inefficiencies (could be from technical or accounting principle, e.g. omitted disclosures, or company's side of readiness for full disclosure) of interim reporting on quarter basis? 3. If you were given role of Accounting Manager of a Group, how would you approach interim reporting? Is that of major significance to...
What is Sociology? What do sociologists do? What is your opinion of sociologists? Do you know...
What is Sociology? What do sociologists do? What is your opinion of sociologists? Do you know a sociologist? If so, who? Write Essay form.
Write 1 page Given your opinion about this as a employer and as employee. Is this...
Write 1 page Given your opinion about this as a employer and as employee. Is this good or bad for the business amazon is this violates the privacy of the employeer? https://www.nytimes.com/2018/02/01/technology/amazon-wristband-tracking-privacy.html?ref=todayspaper&referer=http://www.nytimes.com/pages/todayspaper/index.html?nytmobile=0#business&nytmobile=0
Write a 1-2 pages of accounting 222 reflection paper. What’s your major. What you will do...
Write a 1-2 pages of accounting 222 reflection paper. What’s your major. What you will do after graduation. What you learned from accounting 222 class and what you didn’t like.
why there are differences among what you do, and what your employee thinks you should do?
why there are differences among what you do, and what your employee thinks you should do?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT