Insurers' journeys to build a mastery in the IoT usage
Turn over
1.
2. EMPLOYEE TURNOVER
SEQUENCE:
Definition
Measuring of turnover
Types of turnover
Reason why an employee leave the
organization
Effect of an organization its employee leave
6. Voluntary Turnover
Involuntary Turnover
Employees leave by choice.
Termination for poor
Voluntary turnover also appears
performance.
Work rule violations
to increase with the size of an
organization.
Most likely due to larger firms
having more employee who
may move the more impersonal
nature of organization
Organizational bureaucracy
7. Functional Turnover
Lower performance or
disruptive employees.
Dysfunctional
Turnover
High performers leave
the organization at
critical time
8. Controllable Turnover
It occurs due to factors
that could be influenced
by the employer
Uncontrollable
Turnover
Occur for reasons out
side the impact 0f the
employer
9. Reasons Why An Employee Leave
The Organization
Monetary factors
Lack of good working condition
No flexible work schedule
Lack of respect
Very few supportive colleagues
Organization is more concern towards business
10. Increase in favoritisms
Employee need pride in where they work and what they do
Lack of challenges in jobs
The job or work place was as expected
The mismatch between job in person
To little coaching and feedback
11. Effect Of An Organization Of Its
Employee Leave
Loss of productivity
Replacing qualified employees.
Lowering moral and confidence
Cost of over time and temporary help
Recreating cost
Interviewing cost
Time spent in orientation