LABOUR Turnover-Remedies MONIKA KANSAL, Kamla lohtia S.D.College, Ludhiana,Punjab

Effects of labour turnover Interruptions in continuous flow of work .

New worker training cost More accidents, wastage, scrap by new workers Faulty handling by new workers, more depreciation of machines Loss of goodwill of the firm

New worker training cost

More accidents, wastage, scrap by new workers

Faulty handling by new workers, more depreciation of machines

Loss of goodwill of the firm

Interruptions and inefficiencies

Interruptions and inefficiencies

Excessive accidents Loss of production Excessive spoilage

Loss of production

Excessive spoilage

How to reduce labor turnover Fair rates of pay, benefits and other allowances Good working conditions

Fair rates of pay, benefits and other allowances

Good working conditions

Housing and recreational facilities

Provision of Subsidized food

Provision of Subsidized food

Good working conditions

Training

Safety of working conditions

Pension, gratuity and other retirement benefits

Maximum non-monetary benefits

Right man for the right job Fair treatment to all employees

Right man for the right job

Fair treatment to all employees

Improved men-management relations

How long can we retain our employees like this ?

THANKS