Who is responsible for employee turnover?
When considering the current situation of the job market, most people are not working happily even though they are being paid properly. Hence, it is revealed that the money and other benefits are not the reason to create satisfied employees. Most time it depends on the superiors or managers character, who are working with the employees. Because, poor managers are the main reason for high level of employee turnover. As a result of poor managers, the employees will not be motivated & won't be able to give their maximum for the organization / company. This will directly affect to the company's P&L. Due to the target pressure, communication failure, bad working experiences etc... Considering these matters, many employees are willing to resign from their positions and looking for great working places that encourage people to stay. Good managers help to create excellent work environments.
HR is responsible for tracking employee turnover and providing insight on trends, but in terms of people within the organization, a manager has the most power to prevent voluntary turnover.
Desirable vs. Undesirable Turnover
Those who are terminated from their positions, not including unavoidable layoffs, fall into the category of desirable turnover because newer, more diligent and skilled employees can replace them. When it comes to voluntary turnover, the loss of people who left the company for new roles, not those who retired, is considered undesirable.
References
Holliday,M.(2021)What is employee turnover & why it matters for your business.[Online]Available at https://www.netsuite.com/portal/resource/articles/human-resources/employee-turnover.shtml.Accessed on 17th April2022
According to the your evaluation poor management styles are highly effect for this employee turnover. But my point is there are some other reasons are also effect for that. Most of new employees believe that, having high academic qualification is the only requirement to do a job. But I believe do have experiences also. If not, they have to gather them in their current working place. They have to lear how to handle situation, facing a problem, manage time and people, etc. Leaving job is not the only solution.
ReplyDeleteIt's a matter of people who are dealing with. Both of well experienced & highly academically qualified people will have to work under a manager or supervisor. If there is no any job satisfaction under the particular person, lot of people will try to move for another job.
DeleteEmployee retention is a shared obligation that falls on all of us. From the manager who advises the employee to the co-workers who work alongside the employee to the customers with whom the employee interacts, everyone is involved in the employee's success. They all play a role in determining whether or not an employee will remain with the organization.
ReplyDeleteYes. Been a good leader can mitigate the employee turnover.But we can not prevent it 100% since there are some employees who voluntary quit the company for their personal reasons.
DeleteLeadership styles as well as transformational leadership and transactional leadership have a negative impact on turnover. In addition, trust in managers has a direct negative impact on turnover intentions.
ReplyDeleteAn individual's management style can also influence the overall employee engagement. Leadership styles and commitment to the company can be negatively or positively affected.
Lack of growth and progress. Opportunity for growth and development is very important for retaining good employees.
Being overworked. and Lack of feedback and recognition. are affected to turnover.
According to my opinion, We can apply transformational leadership style to mitigate the employee turnover. HRD has a huge responsibility to analysis the situation & take precautions.
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