Asked by Charley Stinespring on May 16, 2024
Verified
Causes of voluntary employee turnover include:
A) high compensation
B) high unemployment rates
C) lack of other opportunities
D) flexible scheduling
E) low pay
Voluntary Employee Turnover
Occurs when employees choose to leave their jobs, whether for personal reasons, better employment opportunities, or dissatisfaction with their current roles.
Low Pay
Compensation for work that is significantly lower than the average wage for a particular job or sector.
High Compensation
Refers to the offering of a salary and benefits package that is significantly above the market rate to attract and retain top talent.
- Comprehend the importance of employee retention and its effect on strategic competitiveness.
Verified Answer
Learning Objectives
- Comprehend the importance of employee retention and its effect on strategic competitiveness.
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