GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A human resources manager would most likely prefer an employee turnover rate of
A
less than 10%
B
Around 25%
C
100%
D
None of the above
Explanation: 

Detailed explanation-1: -Voluntary turnover occurs when employees initiate the turnover, often when the organization would prefer to keep them. These employees may retire or leave to work with different organizations.

Detailed explanation-2: -Answer and Explanation: The answer is A. Food services. The foodservice industry experiences the highest turnover rate because a huge percentage of its employees are students, who often leave their jobs after graduation.

Detailed explanation-3: -The term attrition refers to a gradual but deliberate reduction in staff numbers that occurs as employees leave a company and are not replaced. It is commonly used to describe the downsizing of a firm’s employee pool by human resources (HR) professionals.

Detailed explanation-4: -Answer and Explanation: The correct answer is D) Paying employees for their training time.

There is 1 question to complete.