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Skilled vs Unskilled turnover: uneducated and unskilled employees often have a high turnover rate, and they can generally be replaced without the organization or company suffering a loss of performance. The fact that these workers can be easily replaced provides little incentive for employers to offer generous labor contracts; conversely ...
Learn how to calculate and improve employee retention and turnover rates. Discover strategies to boost retention and reduce attrition.
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
For example, the company now offers more part-time roles, consistent work schedules for employees, and the option to swap or pick up extra shifts. The part-time roles have been popular for parents ...
Apple made over $45.5 billion in profits over its last fiscal year, leading Fortune's Global 500 list of profitable companies. With 116,000 employees, the tech giant profits nearly $400,000 per ...
Turnover (employment), relative rate at which an employer gains and loses staff Asset turnover or asset turns, a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue
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