Exam 14: Retention Management

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Legal experts usually advise organizations to avoid documenting performance problems because the "paper trail" is likely to just lead to problems in court.

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False

Data are seldom available regarding when or where employee turnover is occurring in most organizations.

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False

Which of the following is a potential benefit associated with downsizing?

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Ease of leaving is greater when ____.

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Discharge turnover is usually due to ___________.

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Turnover cost estimates are very precise and accurate in most cases.

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Data shows dramatic decreases in organizational stock price following a downsizing, especially if the downsizing organization restructures assets during downsizing.

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The first strategy for improving employee retention is to _____________.

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Postexit surveys should ask be mailed quite some time after the employee's last day of work so the individual has sufficient time to reflect on his or her experiences.

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Work-life balance programs are an example of _____.

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The interviewee in an exit interview should be told that the comments that he/she makes will be confidential and that only aggregate results will be used by the organization.

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Downsizing turnover is a reflection of a staffing level mismatch in which the organization actually is, or is projected to be, overstaffed.

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The primary immediate benefit of turnover for employers is hiring inducements.

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Exit interviews can be used to explain _________ to departing employees.

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Availability of promotions or transfers may lessen or eliminate any intentions to quit, even though the employee is very dissatisfied with the current job.

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Some employees who do not take advantage of work-life balance options resent their coworkers who are more likely to use work-life programs.

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Employee perceptions of injustice are often rooted in misunderstanding or ignorance of company policies that could be resolved with increased communication.

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Many turnover costs are hidden in the time demands placed on the many employees who must handle the separation, replacement, and training activities.

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To have the power to attract and retain employees, rewards must be unique and unlikely to be offered by competitors.

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One guideline for increasing job satisfaction and retention is to ensure that fairness and justice exist in the workplace.

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