why is it important for personnel management to know the
reasons for staff leaving the organisation?
Answers were Sorted based on User's Feedback
Answer / vertika srivastava
The average time-to profit-time period for a new hire in any
industry is about nine months,suggesting that a fresher
begins to break-even the investments made on him/her and
earn profit for the firm only after nine months.Exit of an
employee before the nine month period can cost up to five
times of his or her paid salary.
HR managers need to be proactive and develop innovative
employee interventions to retain talent.Some suggestions are:
1. Quality of supervision
2.Perception of equity in rewards-both monetary and
non-monetary.
3.Scope for the employee to speak out freely.
4.Meeting's at least a month, to share the company's vision,
industry's growth and how employees see themselves in the
changing scenario help a great deal.
5. Salary hike.
6 Exit interviews etc.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / loganathan
It help to find the gaps between management and employees .
if the personnel management to analyze problem why staffs
are leaving from the job .what important factors are they
looking . after analyze it helps to fill the gap between
management and employees and moreover it very helpful to
stop loosing employees from our company.
| Is This Answer Correct ? | 4 Yes | 0 No |
iam pursuing mba(1st) recently icame to know that in interview even maths formulas are asked and iam poor at maths so pleas tell me how to prepare from now onwards
Where does Recruitment end and Selection begin?
Describe a time when you are responsible for organizing different types of personnel to get work done and some of them weren't very enthusiastic. What did you do?
I want to go back to work after couple of years break. I took break to take care of my kid. I attended an interview, recruiter asked me, according to him my kid's study is more important right now how i will manage. I answered when i will go back home after work I can take care of his study. can anybody please suggest better response?
relatationship between motivation and reward?
Its being commonly asked during every interview like, Would u plz like to introduce urself?? it donesn,t fall under any category wich is placed over here, so i,ve selected this category after been choiceless. Can any one plz give me vivid ans for this Q>..
As jobs become more team-oriented, assessment centers will be used more often for mon-management jobs.Do you agree or disagree?
As a manager, what did you look for when you hired people
hai i faced the syndicate bank interview.
What are the benifits for Oracle HRMS Students passed out 2007? Whats is the probability for freshers?
What should be the components of a fair policy with regard to collecting, maintaining, and disseminating information about employees?
How to do headhunting in information technology profiles? The recruiting is different in this kind of profiles?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)