Asked by Wendy Reynoso on May 03, 2024
Verified
Generally, organizations encourage voluntary turnover among top performers because it is inexpensive.
Voluntary Turnover
Turnover initiated by employees (often when the organization would prefer to keep them).
- Grasp the concept of voluntary and involuntary turnover and its implications for organizations.
Verified Answer
OD
Ornella DeligioMay 04, 2024
Final Answer :
False
Explanation :
Organizations often want to retain their top performers and may invest in retention strategies, such as offering competitive salaries, benefits, career development opportunities, and a positive work environment. Losing top performers can be costly due to the expense of recruiting, hiring, and training replacements, as well as the potential loss of productivity and institutional knowledge.
Learning Objectives
- Grasp the concept of voluntary and involuntary turnover and its implications for organizations.