Dear Srinaren ji,
Employee turnover arises because of accession in the organization i.e. addition of employees and separation from the organization I.e. retirement, resignation,layoff, discharge etc.
Every separation of an employee from an organization whether voluntary or involuntary, is serious for the organization.
Employee turnover may be either avoidable or unavoidable---
AVOIDABLE CAUSES
- Bad working condition
- Poor dissatisfaction
- Long hours of work and low remuneration
- Lack of incentive scheme and promotional avenues
- Poor relations with seniors and fellow workers
- Ineffective grievance procedure
- Selection biased and lack of training programme
- Inadequate housing,medical and welfare facilities
- Lack of safety measures
UNAVOIDABLE CAUSES
- Personal betterment
- Domestic affairs
- Illness, accident
- Unsuitable for job
- Housing or transport problem
- Retirement or death
Avoidable causes can be control by management to reduce turnover through provide better employee engagement programme but unavoidable causes are not under control of Management.
CONTROL OF TURNOVER
- Turnover may be control by arranging personal interview with the outgoing employees I.e.exit interview and opinion poll or survey should be conduct by independent persons to know the opinion of the present employees to betterment of loyalty and engagement towards organization.
- After that remedial measures should be taken such as satisfactory wage plan, incentive and promotion,sound personnel policy of recruitment, selection, placement and training, provision of reasonable amenities and welfare, setting up machinery for ascertaining the cause of grievance and redressing such grievance, proper retirement benefits,proper channels of communication to improve the morale of the employees, improvement of quality of supervision, training programme for increasing the skills of the employees
Based on above, the one things comes from that is loyalty of an employee are beneficial for organization and it will help in reducing turnover.
"MORE EMPLOYEES ENGAGEMENT,LESS EMPLOYEES TURNOVER".
Thanking you!
Regards,
Amit