Chapter 15: Managing Employee Separations Flashcards
List turnover costs
- Separation costs: interview, administration, severance pay
- Vacancy costs: Temporary workers, overtime, loss of sales
- Replacement costs: Recruiting/selecting replacements
- Training costs
List the 2 types of turnovers
- Voluntary turnover: quitting, resignations, retirements
- involuntary turnover
Predictors of voluntary turnover
- Low organizational commitment
- Low role clarity
- Low tenure
- High role conflict
- Low overall job satisfaction
Reasons for voluntary turnover
- Insufficient pay or unfair pay practices
- Lack of honesty, integrity, ethics
- Lack of trust in senior leaders
- Lack of work-life balance
- Unhealthy of undesired culture
Reasons for involuntary turnover
- Low job performance
- economic or financial concerns
- Engaging in new direction
- Close down
- outsource aspects of the business
Define disciple
A procedure intended to correct an employee’s behaviour because a rule or procedure has been violated, include: verbal or written warnings, suspension (paid or unpaid) and finally dismissal
Define Dismissal
Involuntary termination of an employee’s employment
Define Insubordination
Will-full disregard or disobedience of the boss’s authority or legitimate orders.
Define downsizing
The process of reducing, usually dramatically, the number of people employed by the firm.
Group termination laws
Laws that require an employer to notify employees in the event that an employer decides to terminate a group of employees.
Define wrongful dismissal
Employee dismissal that does not comply with the law or does not comply with a written or implied contractual arrangement.
- Employee may continue to work
- Employee may cease working and receive payment in lieu.
Define constructive dismissal
The employer makes unilateral changes in the employment contract that are unacceptable to the employee, even though the employee has not been formally terminated .
Outplacement counselling
A systematic process by which a terminated person is trained and counselled in the techniques of self-appraisal and securing a new position.
List the steps in the termination interview
step 1: Plan the interview step 2: Get to the point step 3: Describe the situation step 4: Listen step 5: Review all elements of the severance package step 6: Identify the next step