BUSINESS ADMINISTRATION
HUMAN RESOURCES MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Recruitment and selection costs will be low
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Labour productivity rate will be high
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It will gain a positive reputation as a good employer
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New ideas may be introduced into the workplace
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Detailed explanation-1: -This can be a positive result for the company, as it allows new and more talented employees to join the company and implement new ideas. It may also help the company perform better if the new employees excel at their responsibilities.
Detailed explanation-2: -While it may seem like a huge inconvenience, labour turnover really does open up a world of opportunities. You may be able to move people into new positions, reassign employees based on their strengths and weaknesses, and change the entire focus of your team.
Detailed explanation-3: -Employees with subpar performance drain the company of resources and money. These turnover scenarios create opportunities for an employer to recruit new talent with new ideas and emerging skills.
Detailed explanation-4: -Improves Talent Potential Employee turnover can sometimes be an indicator of moving towards success at an organization. When an organization fosters continual growth, there’s a give and take.