What is the intention of turnover?
The intention of turnover is an aspect of employees turnover in business and cannot always be adequately measured through graphs or surveys until real turnover occurs. There are two types of turnover intention: voluntary and involuntary. The voluntary turn is when someone leaves for their own will, either because this person is dissatisfied with the work, or has found a better job somewhere else. An involuntary turnover is when a person is released due to poor performance or unlawful conduct, or if an employee dies. Managers must understand the intention of turnover to know how to reduce it, because it puts a monetary and indirect emphasis on society. High turnover rates are usually considered bad because shooting or loss of employees costs business money. In order to avoid loss of excessive number of employees, managers must be able to analyze the intention of turnover if they are to avoid high -rates. They can do this by talking to departed employees or checking their business system.
with a voluntary intention of turnover, the employee is not asked to leave, but the leaves of his own will. This rate is high, there are businesses where high school and university students usually find jobs, but usually lower in business jobs. Other factors that get into voluntary turnover are dissatisfaction with work, poor training and employee looking for work elsewhere or must move. To find out why there is a voluntary intention of turnover at a special rate, managers can ask employees why they resign and what problems they have with work or can analyze the behavior of employees for traces.
The involuntary intention of turnover is when the employee is terminated or died. As for the end, this usually applies to poor performance or employee does something illegal, such as theft of money or inventation. While the manager can't do anything with the dying of the employee unless there is a problem at the workplaceI, he may ask an employee what caused his bad behavior.
Analysis of the turnover and understanding intention to reduce it to prevent further turnover is necessary to maintain alive business. Financial stress is placed on a company with a high level of turnover because it loses money when employees leave. There is also indirect stress on the company, because everyone else has to work hard until the replacement is found. By understanding the intention and what factors it affects employees, the manager can improve work to help employees prevent departure.