BUSINESS ADMINISTRATION
ORGANIZATIONAL BEHAVIOUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Training
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Absenteeism
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Employee Turnover
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Strikes
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Detailed explanation-1: -Explanation: “Job satisfaction is known as the contentment of employees to love their job.” If satisfaction is higher, absenteeism and turnover rate would be reduced, reverse in the case as well.
Detailed explanation-2: -There are three cost categories associated with employee turnover. Separation costs account for exit interviews, termination administration, severance pay, and unemployment compensation. Replacement costs account for attracting applicants, interviews, testing, and moving expenses.
Detailed explanation-3: -Job satisfaction is based on how we feel about our job – the good career components that make us feel valued or let us feel like we have a purpose, vs. the bad components, such as long hours or unpleasant tasks, or feeling undervalued as an employee.