MHR 523 Lecture Notes - Lecture 13: Layoff, Punitive Damages, Quasi-Contract
28 Jan 2016
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Document Summary
Reasons for voluntary turnover: suboptimal hiring practices, difficult managerial style, lack of recognition, lack of competitive compensation systems, toxic workplace environments. Reasons for involuntary turnover: unacceptable job performance, economic or financial pressures, new strategic direction. Process should be fair, after all reasonable steps have been taken to rehabilitate employment relationship. Foundations: rules and regulations, progressive disciple, clear expectations of acceptable behavior, warning, suspension, termination, progressive penalties, appeals process. Dismissal for just cause: allow employee to present their case. Turnover: the termination of an individuals employment with an organization. Voluntary turnover: decision made by employee, e. g. quit, retirement, resignation. Involuntary turnover: decision made by employer, e. g. dismissal, layoff. Separation costs: separation interview, administration, separation or severance pay. Vacancy costs: temporary workers, overtime, loss of sales due to vacancy. Dismissal for just cause: termination based on poor behavior, no severance or additional notice period required. Insubordination: disregard or disobedience of authority or legitimate orders.
