What are some issues caused by high staff turnover
Indicator of employee dissatisfaction
High cost of recruitment and selection
Disrupting work as new recruits are likely to make mistakes
What are two ways in which high staff turnover could be improved
Job enrichment- working in teams or providing praise to employees as a form of motivation
Hire younger members of staff to prevent employees leaving due to retirement
What are some reasons for high staff turnover
Dissatisfaction with work
Retirement
Personal reasons- moving away or looking after family
Why is labour productivity important for employee and business
More productivity - more efficiency and more products
Employees can benefit from job security, higher pay , bonuses
What are some methods businesses can use to increase labour productivity
Employee training
Investing in new technology
Positive working environment- motivation
Lean production- like kaizen to continuously improve
What are the cost of absenteeism/ sickness for a business
May have to get a replacement employee
Stress and pressure on existing staff- may cause conflict amongst horizontal line relationships- demotivating
How does a business tell whether an employee is genuinely taking time off because they are ill or not
If people take multiple days off, compared to one day every now and then
How can a business reduce absenteeism
Improve motivation such as job enrichment, positive reinforcement to make an employee feel valued to the workforce
Rescources like gym memberships - non financial methods of motivation
How can a business improve punctuality
Establish a clear and consistent lateness policy
Establish flexible work options if possible, like working from home
Reward improvement- rewards employees who reduce their lateness