ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Layoff
|
|
|
Employee Turnover
|
|
|
Discharge
|
|
|
Exit Interview
|
Detailed explanation-1: -The employee turnover rate refers to the proportion of employees who leave a company during a certain time period. This rate includes both voluntary and involuntary separation and excludes internal movements (promotions and transfers) and employees who are on furlough or leave of absence.
Detailed explanation-2: -Voluntary turnover = (Number of Voluntary Employee Separations / Average Number of Total Employees) × 100.
Detailed explanation-3: -Turnover. Turnover takes place in a company’s workforce when people leave their job and are replaced by new employees.
Detailed explanation-4: -Turnover intention is an employee’s reported willingness to leave her organization within a given period of time and is often used for studying actual employee turnover.