ORGS 1000 Chapter Notes - Chapter 3: Perceived Organizational Support, Visible Minority, Absenteeism

• School: York University
• Department: Organization Studies
• Course: ORGS 1000
• Professor: Frank Miller

Document Summary

Employee"s desire to remain a member of an organization. Need to have talented employees and retain them long enough to benefit from their efforts. Managers spend a lot of time in training, mentoring and taking personal interest to make employees more proficient; leaving to work for someone else drains the knowledge and human capital out of the company. Estimated that 1/3 of canadians do not plan to change their current jobs. With plentiful job opportunities, greater worker turnover risks are involved, especially for high performing employees. Accounting , finance, skilled trades, information technology specialists, engineers, sales and marketing, healthcare and other professionals (lawyers) are in high demand: 5 times the salary plus benefits needed to replace an executive. Also includes decrease morale, lost organizational knowledge and lost productivity. Withdrawal behaviour: employee actions intended to avoid work situations. This is a global management consulting company collaborating with clients to help them become high performance organizations.