why is it important for personnel management to know the
reasons for staff leaving the organisation?

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why is it important for personnel management to know the reasons for staff leaving the organisatio..

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

why is it important for personnel management to know the reasons for staff leaving the organisatio..

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

why is it important for personnel management to know the reasons for staff leaving the organisatio..

Answer / sai

Personal Management Can Replace an new Employer in the
Place of the Existing Employer So that the production
Dose'nt get disturbed

Is This Answer Correct ?    1 Yes 5 No

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Case let 1 Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm. The firm had announced a downgrade of Delta, a company listed both on Indian bourses and the NASDAQ. The reason? "One out of every six development engineers in the company is likely to be benched during the remaining part of the year." Three analysts from Top Line had spent some time at Delta three weeks ago. Koshy and his team had explained how benching was no different from the problems of excess inventory, idle time, and surplus capacity that firms in the manufacturing sector face on a regular basis, "Delta has witnessed a scorching pace of 30 per cent growth during the last five years in a row," Koshy had said, "What is happening is a corrective phase." But, evidently, the analysts were unconvinced. Why Bench? 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