What does employee turnover refer to?
Correct answer: B. Movement of employees into and out of an organisation
- A. Transfer of products between warehouses
- B. Movement of employees into and out of an organisation
- C. Change in the ownership of company shares
- D. Rotation of cash between bank accounts
Explanation
Employee turnover refers to employees leaving an organisation and being replaced by others over a period. It may be voluntary or involuntary, and a high rate can increase recruitment and training costs.
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About Human Resources Basics
Human resource management plans an organisation's workforce and matches people with suitable jobs through recruitment, selection, induction and placement. It also covers training, performance appraisal, compensation, promotion, employee relations, workplace safety and the distinction between personnel administration and strategic human resource management.
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