MHR 523 Chapter Notes - Chapter 15: Punitive Damages, Improper Conduct, Briey
Document Summary
Mhr 523 chapter 15 managing employee separations. Time, money, and resources invested in recruiting, training, and maintaining employees is lost when employees exit a rm. Also disrupts the organization"s ability to produce and maintain the right quantity and quality of talent. Turnover the termination of an individual"s employment with an organization. Reasons for turnovers can be classi ed into 2 groups: voluntary and involuntary. Voluntary turnover employee initiated termination of employment (eg. Involuntary turnover employer initiated termination on employment (eg. Interviews, testing, administrative expenses, travel, etc: training costs formal and informal training. Often employees migrate to competing rms with their knowledge and skills. Results in unanticipated challenges of replacing and retraining employees. Individual level factors found to have a signi cant relationship with voluntary job loss include: Age and martial status are also negatively correlated. Biggest challenge is lack of managerial control.