HRM200 Chapter Notes - Chapter 15: Job Satisfaction, Wrongful Dismissal, Punitive Damages

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM200
• Professor: Katrina Di Gravio

Document Summary

Hrm 200 chapter 15: managing employee separations. Turnover termination of an individual"s employment with an org. Voluntary turnover employee initiated termination of employment, such as quits, retirement, or resignation. Involuntary turnover employer initiated termination of employment, such as dismissal or layoff. The personality characteristics of those who get laid off vs. those who quit are opposite. Separation costs separation interview, administration, separation or severance pay. Vacancy costs temporary workers, overtimme, loss of sales due to vacancy. Training costs training differential between employees exiting & their replacements. Unanticipated challenges of replacing employee for the employers. Understand which types of employees are likely to leave & why, will helps manage & prevent dysfunctional or excessive turnover. Voluntary job loss may due to: low organizational commitment low role clarity low tenure high role conflict low overall job satisfaction suboptimal hiring practices difficult managerial style lack of recognition lack of competitive compensation systems toxic workplace environments.