Nobody downloaded yet

Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it - Essay Example

Comments (1) Cite this document
Summary
It is the main concern of the following paper to critically consider why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it. The aspect of labour turnover turns out to be a great problem for the business organisations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it
Read TextPreview

Extract of sample "Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it"

Download file to see previous pages These people thereby tend to drift away from the main organisational objective and in a bid of frustration turn out from the organisation. Similarly a concern rendering enhanced emphasis on the training activities but working less on helping to enhance the productivity of the workforce also face similar problems. The organisation with less focus on enhancing the compensation aspects and also in rendering of other benefits happens to disturb the interest and productivity of the workers. Workers would thus endeavour to shift from such no gains concern to high gain jobs where they would be able to gain high increments both in the compensation package and other benefits. Thus absence of proper supervision and training mechanism coupled with a poor pay package with no proper increments happens to provoke the employees to take to new jobs. Hence the event of labour turnover significantly emerges onto the business scenario (Mudor and Tooksoon, 2011, pp.41-45; Aswathappa, 2007, p.615). The factors that contribute to the growth of labour turnover problems in the organisation can be broadly grouped into two main types-internal and external. In the internal scenario the employees can get frustrated owing to the internal job policies of the concern for which they tend to quit the concern. The policies of the concern can largely change in relation to the technological and structural framework of the concern making the employees feel uncertain about their job and employee security. This tantamount to the employees seeking jobs in other stable concerns. Moreover a change in the management structure of the concern also happens to change the outlook of the supervisory tem...
The paper tells that employees are concerned as the life blood of the organisations. The organisational managers are concerned in effectively managing this large pool of human resources through proper training and motivational functions. Training helps in enhancing the productivity mechanisms of the workers and also develops the relationship between the employer and the employees. Similarly different motivational activities both financial and non-financial are also taken to retain the employee base in the concern. Organisations in such approaches tend to render large amount of investment and thereby would endeavour to gain effective returns out of such. Therefore it is highly needed by a business concern to minimize the amount of employee turnover as it happens to impact the profitability parameter of the concern. Employee turnovers in a firm can occur both in a voluntary and in an involuntary manner. Voluntarily the employees can leave the firm owing to rising job pressures or being unable to fit into the required job role. Again a sudden accident or fatal event can lead the concern lose an employee. The employee turnover activity adds to the cost of the concern in that the concern would need to hire another employee to fill the post thus enhancing the recruitment cost. Again losing a skilled an experienced employee leads to considerable productivity loss for the concern. Labour turnover as an incident results in the organisation losing a large pool of effective human resources that would help in enhancing the productivity potential of the concern. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Why organisations should be concerned with high levels of labour Essay”, n.d.)
Retrieved from https://studentshare.org/business/1394945-why-organisations-should-be-concerned-with-high-levels-of-labour-turnover-and-what-can-organisations-do-in-an-attempt-to-reduce-it
(Why Organisations Should Be Concerned With High Levels of Labour Essay)
https://studentshare.org/business/1394945-why-organisations-should-be-concerned-with-high-levels-of-labour-turnover-and-what-can-organisations-do-in-an-attempt-to-reduce-it.
“Why Organisations Should Be Concerned With High Levels of Labour Essay”, n.d. https://studentshare.org/business/1394945-why-organisations-should-be-concerned-with-high-levels-of-labour-turnover-and-what-can-organisations-do-in-an-attempt-to-reduce-it.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ad
adamseliseo added comment 1 year ago
Student rated this paper as
The topic of "Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it?" is quite often seen among the tasks in high school. Still, this document opens a brand new perspective of seeing the issue. I’ll use the style for my own paper.

CHECK THESE SAMPLES OF Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it

Organisations Design

...on the behaviors and impressions of Enron executives, a feeling of unlimited success, close ties with enabling political organisations and regulatory agencies, the morality-averse nature of the decentralized power market in general, using company stock in 401(k) portfolios to effectively silence criticism and concerns by the rank and file, a culture that mocked and ignored ethical compliance issues, and numerous other elements that reduced their effective impulse control, morality, concern over their actions and ability to perceive the inevitable consequences of their actions. Definition of Culture Schein defines culture thusly: “a pattern of basic...
8 Pages(2000 words)Essay

Business organisations

...?Limited Liability Partnership Introduction A Limited Liability Partnership (LLP) is a legal person in the eyes of the law. It is a corporate body (Legislation.gov.uk). The UK law has given this type of business organisation an unlimited capacity. With this unlimited capacity, a Limited Liability Partnership is legalised to undertake the full range of commercial business activities. In the year of 1890, a Partnership Act was passed. This Act guides those individuals who want to form partnership for the purpose of doing commercial activity. But, in general, this Act will not applicable to an LLP. In particular, certain provisions of this Act may be relevant and applied to LLPs. Due to its corporate nature,...
5 Pages(1250 words)Essay

Analysing organisations

...or ‘operationalised’, the organization as well as the employees can coordinate and cooperate in a more effective manner, thereby achieving greater success. The blueprint for the success can only be formulated by an effective leader or manager. The leader following the paradigm of Functionalism or by becoming Functionalists can actualize an optimum organizational culture, according to the structure and situation of the organization, thereby solving many of its problems. As Functionalists fundamentally believe in the structure of the organisations and their necessity, they will focus on the problems that negatively impact that organization, and seek solutions for it. This...
12 Pages(3000 words)Assignment

Understanding Organisations

...since the last six years. The president claimed that the company’s manufacturing cost in Australia is extremely high when compared to that of Asia and Europe (News Geelong, 2013). Thus, in order to reduce its costs and losses the company has decided to cease its operating plants in Geelong by 2016, as its fabrication in Geelong is not economically viable in the long run (Lambreth, 2007). Modernistic View of Ford’s Decision The decision of Ford to cease its manufacturing unit in Geelong Australia may be actually beneficial to the economy of the country according to modernistic view (Goodwin and Wright, 2007). It is believed by many economists that the domestic economy of Australia would evolve as a result...
5 Pages(1250 words)Essay

Organisations

...business. With some, such as our customers, employees, suppliers and investors, the relationship is based on direct contact or financial involvement with the business. Others, such as governments and regulators, local communities, civil society organisations, academics and individual concerned citizens, have a wider interest in what we do and in our impacts on society as a whole." (Our approach, 2008). The Stakeholders of Unilever: Customers: Unilever considers its customers to be stakeholders of the company. How customers can be considered a stakeholder can be illustrated by the following point. Unilever uses chemicals in the manufacture of its...
6 Pages(1500 words)Essay

Exploring Organisations

...and communication with the work force and issues arising out of scientific management approach which leads to very little communication with work force exists: Open door policy should be adopted in certain areas to make the work force feel important. Their views and problems should be attended to sincerely and they should be given the freedom to walk into the manager's cabin to discuss any issues. To solve issues of high labor turn over: The enterprise should try and adopt a "promote-from-within" policy in the company, which means that almost everyone working s at management level hasn't been hired in from outside, but has come up...
12 Pages(3000 words)Research Paper

Organisations & Behaviour Learning Organisations

...of an individual just like that the learning on the organisational level plays an important part in the growth of an organisation. The organisational group of people can define the organisational learning as the sum of the learning activities of the individual, which takes the shape of combined effort. (Dodgson, 1993; Fiol & Lyles, 1985). An organisational learning program should be designed in the way that it is not lost when the members of the organisation leave the organisation. The learning system of an effective learning organisation not only...
16 Pages(4000 words)Essay

Business organisations

...BUSINESS ORGANIZATIONS Marina & Mortimer are the Receivers of the credit on two occasions firstly from Easy bank plc and then again from Finance co. ltd. The responsibility of the firm Imitation Furs ltd. The charged asset in this case is a floating charge over the company’s stock in trade. Upon receiving fresh inflows of funds is to collect and sell enough of the company’s product to ensure healthy cash flows and turnover thus helping maintain the confidence of the investors. Maintaining the stock price and looking to expand further would be the most obvious way a company such as Imitation Furs would seek to do in the event of seeking credit. Imitation Furs Ltd. has applied for insolvency and as such,...
8 Pages(2000 words)Essay

Innovative Organisations

...of such situations should be handled by cross-functional management team with the guidance from the company head. Team should be capacitated to change resources and processes to follow the emerging needs arising from new opportunities. To find whether these capabilities can be developed by finding the paths, positions and processes for new product development depends on the research findings (Mosey, 2005: 119). Firm resources play a crucial role in deciding success in product innovation. Whether a firm has been successful in innovation attempts can be judged via the PIP indicators. These are economic, financial and non-financial results of the firm’s...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Why organisations should be concerned with high levels of labour turnover and what can organisations do in an attempt to reduce it for FREE!

Contact Us