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Labour Turnover

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LABOUR TURNOVER

Employees who are not satisfied with their career in the present organization may seek suitable in other organizations. Similarly , organizations may also prefer candidates from external sources , if the internal candidates are not found suitable. This situation in career development of both the individuals and the organizations result in external mobility or employee turnover. External mobility is also known as external career.

External mobility means shifting of employees in to and out of an organization. It is defined as the rate of change in the employees of an organization during a definite period. It measures the extent to which old employees leave and new employees enter in to an organization.

TYPES OF LABOR TURNOVER

External mobility is of two types , Viz accessions and separations

1) Accessions : Accessions are additions of new candidates to the existing employees. It includes employment of new candidates , re-employment of former employees , employees called back to work after lay-off etc.

2.) Separations : Separations mean termination of employment. They are also called employee turnover. They include :

Voluntary quitting or resignations by employees when they are dissatisfied with the present job and or organization or when they get better employment in other organizations.

Layoff or Lack of work in which organizations terminate the services of employees when the jobs are eliminated or reduced due to adoption to technology or adverse business conditions or lack of power , materials , breakdown of machinery etc. Globalization and consequent competition reduced the size of most of the companies and turned many sound companies in to sick companies. These factors led to job cuts in many organizations

Disciplinary lay-off or Discharge in which organizations…...

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