In Personnel Management,do you think that labour turnover has any advantages to an organization? List a few potential advantages

May 16th, 2013 Comments off
Share |

Potential advantages on  labour turnover in an organization might include the following:

  • Opportunities for an organization to inject “ NEW BLOOD ” . New people brings new ideas and outlook, new skills and experience in different situation. ABSENCE of  this might create an increasingly AGED workforce;
  • Creation of opportunities for PROMOTION AND SUCCESSION. Absence of this means junior staff and management facing a long career without development,waiting for someone higher up the ladder to retire, with no incentives or encouragement to ambition;
  • Ability to COPE WITH LABOR SURPLUSES in some grades of job without having to make redundancies. Natural wastage can save industrial relations problems in this way.

Comments are closed now.

Financial Accounting

 
 

Advertise Here | Brain Teasers/Puzzles | Greeting Cards | Inspirational Quotes | Jokes/Humor | Useful Links | Motivational Stories | Resource | Shopping | Share/Express Your Views | Testimonials | Universities/Colleges | Words of Wisdom from Religions | FREE POSTING OF ACCOUNTING & FINANCE JOBS VACANCY|