Summary: Communication Pl Voluntary Turnover Typology

COMMUNICATION PLAN: VOLUNTARY TURNOVER

Bharat Balaji

Sullivan University

Introduction

Turnover is defined as an employee leaving an organization for any number of reasons. However, different types of turnover have different implications for organizations. Therefore, the article begins with the brief overview of a turnover typology. Turnover can be Voluntary or Involuntary. And if we further look into it Voluntary turnover can be further subdivided into Functional turnover or dysfunctional turnover.

A healthy organization will be one which has a low voluntary turnover. A higher turnover indicates a higher dissatisfaction within the organization. The importance of employee turnover control depends on many factors, including the

As an employee stays with the company longer his/her yearly pay must be increased eventually. While you can hire an entry level applicant with lower wages if the employee chooses to vacate his position. Depending on how quickly an entry level applicant can pick up the work or how quickly they can be trained, this can save the company costs. Another positive to this is if the employee is a poor performer, voluntary turnover will be a service to the company as it can replace them with a better candidate. Another point to note is depending on the location of the company and the availability of applicants and the complexity of the job profile, if there is a surplus in labor supply, voluntary turnover will not affect the company in anyway except in the fact that the company will have to go through the process of hiring which can be construed as a nuisance or waste of time. But if it saves the company cost in the way of replacing a higher paid employee with a lower paid entry level employee, it is a

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