This document contains questions and answers related to labour turnover.
1. Labour turnover refers to the movement of workers out of an organization. It can be caused by low wages and reduced through better pay and exit interviews.
2. The costs associated with labour turnover include replacement costs, medical costs, welfare costs, and accident costs. Some like welfare costs are considered preventive costs.
3. Common unavoidable causes of labour turnover include death, retirement, and marriage of employees. A lower turnover rate indicates a healthy human resources department in a firm.
This document contains questions and answers related to labour turnover.
1. Labour turnover refers to the movement of workers out of an organization. It can be caused by low wages and reduced through better pay and exit interviews.
2. The costs associated with labour turnover include replacement costs, medical costs, welfare costs, and accident costs. Some like welfare costs are considered preventive costs.
3. Common unavoidable causes of labour turnover include death, retirement, and marriage of employees. A lower turnover rate indicates a healthy human resources department in a firm.
This document contains questions and answers related to labour turnover.
1. Labour turnover refers to the movement of workers out of an organization. It can be caused by low wages and reduced through better pay and exit interviews.
2. The costs associated with labour turnover include replacement costs, medical costs, welfare costs, and accident costs. Some like welfare costs are considered preventive costs.
3. Common unavoidable causes of labour turnover include death, retirement, and marriage of employees. A lower turnover rate indicates a healthy human resources department in a firm.
_____ _____ is turnover of workers. Turnover Turnover above Turnover Turnover Stock Debtor's Labour All of the Labour Low wages cause _____ _____. Turnover Turnover above Turnover Turnover Debtor's Stock Labour None of the Labour Flux method is used to calculate _____. Turnover Turnover above Turnover Turnover None of the Labour turnover leads to high _____. Cost Productivity Labour above Cost Cost of labour turnover may be _____ or None of the Preventive Replacement Both a & b above Preventive replacement. None of the Medical services cost is _____ cost. Replacement Preventive Both a & b above Preventive None of the Cost of welfare services is _____ cost. Preventive Replacement Both a & b above Preventive All of the pension scheme can _____ labour turnover. Increase Decrease Maintain above Decrease Replacement cost is associated with _____ of All of the labour. Appointment Termination Replacement above Replacement All of the Cost of accident is _____ cost. Replacement Preventive Low wages, Sunk cost above Replacement Exit Lack of interview, Training, Death, Death, Unavoidable cause of labour turnover may be Better Lack of Retirement, Retirement, _____ _____ _____ of employee. facilities, Proper HR Marriage All of the Marriage Better pay Policies above None of the Exit interview can _____ labour turnover. Reduce Increase Maintain above Reduce Labour Turnover is the movement of people out of the organisation. True False False Labour Turnover is the accession of people during a certain period. True False False Lower rate of labour turnover indicates healthy sign of H.R. Department. True False True Cost of welfare services is a preventive cost of labour turn over. True False True Pension scheme can increase rate of labour turnover. True False False Labour Turnover may be caused due to low wages. True False True
Labour Turnover can be reduced by Better Pay. True False True
Turnover of Turnover of Stock Debtor's Turnover of Labour turnover is goods labour Turnover Turnover labour Bad working UnscientificAll of the All of the Labour Turnover is caused by Low wages conditions selection above above Separation Replacement All of the All of the Labour Turnover is calculated by Flux method method method above above In a firm, there were 750 employees on 1st April. During the month 120 employees were 1,000 880 550 630 880 left and 250 employees were appointed. No. of th the employees on 30 April were Low Labour Turnover leads to : High cost Low cost (i) & (iii) (i) & (iii) productivity Preventive Replacement Both (i) & none of the Both (i) & Cost of labour turnover may be : cost cost (ii) above (ii) Replacement Preventive Both (i) & none of the Preventive Medical services cost is : cost cost (ii) above cost Preventive Replacement Both (i) & none of the Preventive Cost of welfare services is a : cost cost (ii) above cost Increase Decrease Maintain Decrease All of the Pension scheme can : labour labour labour labour above turnover turnover turnover turnover Replacement Appointment Termination All of the Replacement Replacement cost is associated with : of labour of labour of labour above of labour Replacement Preventive All of the Replacement Cost of accident is : Sunk cost cost cost above cost Lack of Lack of All of the All of the Labour Turnover may be caused due to : Low wages proper HR Training above above All of the All of the Unavoidable causes of labour Turnover may be : Death Retirement Marriages above above Exit Better All of the All of the Labour Turnover can be reduced by : Better pay interview facilities above above