Managing Turnover in an Organization

For the reputation management company it is important to learn on how to manage employee turnover in the workplace. What is turnover? Turnover is the termination of an individual’s employment in the organization and this can be only temporary or it can be permanent. Many individuals have several reasons for turnover in an organization that they have been apart of and here are the top eleven reasons for employee turnover:

  1. Sought new challenges
  2. Better fit for skills
  3. Company financially unstable
  4. Downsizing or restructuring
  5. Ineffective leadership
  6. Improve work-life balance
  7. Poor relationship with manager
  8. Company or job relocated
  9. Better fit for personal values
  10. Better compensation and benefits
  11. Contributions weren’t valued

There is also involuntary and voluntary turnover and voluntary means that it was the employee’s decision to initiate the termination of employment meaning that they forced them to quit, retire or simply resign from their position and this is involuntary turnover since the employer initiated the termination of employment due to dismissals and layoffs. For voluntary turnover in any company, this can be because an employee wants to actually quit a d this is usually due to competitive factors that play a huge role on a persons desire to quit. It is said that employees engage in voluntary turnover due to insufficient pay or unfair pay practices, a desire to pursue personal goals, an excessive workload, new job opportunity or a lack if feedback or recognition at the company,. Other reasons also include lack of honesty, lack of trust in leaders lack of work-life balance and an unhealthy or undesirable culture. Any employee can choose to participate into phased retirement with a reduced workweek and employers can even do involuntary discipline and this is because of the rules and regulations of the company, progressive discipline of an employee, or dismissal for just cause.

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