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| Retention Success Mantras |
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Employee Turnover
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Retention Home » Employee Turnover
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There are four types of employee turnovers:
Functional turnover: A turnover in which poor performers leave is called as functional turnover.
Dysfunctional turnover: A turnover in which good performers leave is called as dysfunctional turnover
Avoidable turnover: A turnover that happens in avoidable circumstances is called as avoidable turnover.
Unavoidable turnover: A turnover that happens in unavoidable circumstances is
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called as unavoidable turnover. For eg. Employee’s death or spouse’s relocation.
Mostly it is said that employee turn over is not good for the organizations. But employers should remember that turnover is not that bad either. What is required is an optimum mix of turnover, not too high-not too low. An optimum mix of employee turnover can help in many ways.
A little rate of employee turnover may result into:
- Bringing in new ideas and skills from new hires.
- Better employee-job matches.
- More staffing flexibility.
- Facilitate change and innovation.
High rate of turnover may lead to decrease in:
- Productivity
- Service delivery
- Spread of organizational knowledge
Causes of employee turnover
In order to know the cause of excessive employee turnover, the causes of dysfunctional and avoidable turnover should be known. Few reasons for dysfunctional turnover may be:
- Compensation package differences
- Job and employee skill mismatch: the job may be less or more satisfying and challenging according o the employee.
- Inferior facilities, tools, etc
- Less recognition
- Less or no appreciation for work done
- Less growth opportunities
- Poor training
- Poor supervision
- Less work and life balance practices
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