Management and Organizational Studies 4485F/G Study Guide - Final Guide: Absenteeism, Wrongful Dismissal, Work Unit

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Chapter 7 managing employee engagement and performance. Focus on avoiding voluntary turnover by coworkers who are unproductive, or disruptive. Low performers often see the writing on the wall and quit before they are fired, especially if there is evidence that their relatively poor performance is actually getting worse over time. Best performers often have many other employment opportunities & subjected to repeated poaching attempts that eventually take their toll unless organization can keep coming up w/ raise. Evidence suggest millennials, prefer benefits to cash, & want to work in an environment that is fun. & collaborative, & provides a great deal of immediate feedback & opportunities for development. This generation of employees has a lot to offer employers, including the fact that they are technically skilled, racially diverse, socially interconnected, and collaborative. Voluntary turnover among millennials tends to be higher than other gen= impatient and entitled: process of replacing workers is an expensive undertaking.