Asked by Nancy Abordo on Sep 26, 2024
Verified
Based on research, there is no correlation between people-centered practices and higher profits and lower employee turnover.
People-centered Practices
Business or organizational strategies that emphasize the importance and well-being of employees, promoting a positive workplace culture.
Employee Turnover
The rate at which employees leave a company and are replaced by new employees, which can impact the company's performance and morale.
- Understand the correlation between people-centered practices and organizational outcomes.
Verified Answer
AT
Akhila tippabhotlaabout 16 hours ago
Final Answer :
False
Explanation :
Research suggests that there is a correlation between people-centered practices and higher profits and lower employee turnover. Numerous studies have found that companies that prioritize employee well-being and engagement tend to have lower turnover rates and higher financial performance.
Learning Objectives
- Understand the correlation between people-centered practices and organizational outcomes.
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