Employee turnover may be a good development for an organization in a number of ways. First, it gives an organization a chance to recruit new employees with more current training who have flexible ways of doing things (Mello, 2015). Organizations that have stagnated and need innovation always find these fresh ideas very critical. Second, it lowers the average tenure of workers and result into lower payroll expenses. Lastly, the morale of coworkers improves when poor performers or disruptive employees leave the organization.
Some turnovers are not so good for the organization. For instance, when higher performers leave the organization it may be difficult to find good employees to replace them. As such, HRM and managers should introduce retaining strategies for such employees. These may include additional career development opportunities, incentive compensation for high performance, backup for high performance employees, and innovative benefits tailored to the needs of the employee (Mello, 2015)
The above is what I wrote for my master discussion forum.. The below response is from my professor. I need a logical masters response to his question. nothing less then 100 words
I'm pleased that you restated these points. Turnover has some advantages. There is no question about that. It brings new ideas into an organization. This is good. On the other hand, turnover can cost an organization many valuable resources and knowledge that can be vital to the success of an organization.
Disadvantages of employee turnover
Employee turnover can cost an organization many valuable resources and knowledge
which is vital for to the success of an organization. For example, high turnover...
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