define turnover?
turnover: the termination of an individual’s employement with an organization
__% of canadian orgs. admit having difficulties recruiting and retaining talent.
50% of canadian orgs. admit having difficulties recruiting and retaining talent.
3 major reasons for turnover are…
four main components associated with cost of the turnover are…
high turnover rates is problematic given the fact that the cost of turnover ranges from ___ to ___% of salary
high turnover rates is problematic given the fact that the cost of turnover ranges from 150 to 250% of salary
Voluntary turnover vs involuntary turnover
voluntary = employee initiated involuntary = employer initiated
functionnal voluntary turnover vs dysfunctionnal voluntary turnover
functionnal = good employees stay bad goes dysfunctionnal = bad stays good goes
name the 5 predictors of voluntary turnover
1- low organizational commitment 2- low role clarity 3- low tenure 4- high role conflict 5- low overall job satisfaction
define quitting.
quitting: voluntary employee-initiated resignation
the eployee Standards act may requires employees with less than two years of employement with the employer to provide at least __ week of notice when quitting and employees with 2+ years to provide a __ weeks notice
the employee Standards act may requires employees with less than two years of employement with the employer to provide at least 1 week of notice when quitting and employees with 2+ years to provide a 2 weeks notice
Explain the supreme court ruling in 2008 for don delamont for mass exodus
Don delamont mass exodus from RBC guilty fine of 1.5M$ and 40 000$ to the employees to merrill lynch
According to Stats can average life expectancy was __._ years for men and almost __ years for women in 2011
According to Stats can average life expectancy was 78.3 years for men and almost 83 years for women in 2011
Average age of retirement:
public sector __ years old
private sector __ years old
Average age of retirement:
public sector 60 years old
private sector 62 years old
What is retirees on call?
retirees on call: retirees can continue to work on a part-time basis
A fair and just disciplinary process is based on three foundations …
6 Exemples of insubordination…
In Canada from 1978 to 1995 the temporary employment separation rate per year ranged from __ to __ percent, while the layoff rate ranged from ___ to ___%
In Canada from 1978 to 1995 the temporary employment separation rate per year ranged from 18.9 to 23.8 percent, while the layoff rate ranged from 12.6 to 16.4%
large group termination notice
define constructive dismissal
constructive dismissal: when the empllyer makes unilateral changes in the employement contract that are unacceptable to the employee, even though the employee has not been formally terminated
steps to avoid wrongful dismissal suits…
the 3 components of organizational justice are…
guidelines for the termination interview…