Human Resource Management - Turnover

Turnover Turnover is defined as any departure beyond organisational boundaries. Turnover may be voluntary on the part of the employee (resignation) or involuntary (death, requested resignation) Not all turnover is bad, and expecting to eliminate turnover completely is unrealistic and impossible due to natural turnover from retirement Advantages ·<Tab/>Young workers bring new skills and ideas into the firm ·<Tab/>Especially …

…Tab/>Psychological and performance tests - although not perfectly accurate, can identify employee potential and those who will be likely to leave their jobs in the future - also a form of self-selection 7.<Tab/>Probationary periods, does artificially increase turnover, but can act as a form of self-selection, as people will not apply if they do not think that they will be employed at the end of the period