Question

Nishant runs a small dhabba on the Jaipur highway. He is very rigid and
follows a strict policy of punishment like cutting the salary, stopping
increments or giving job termination threats to his workers for any kind of
discrepancies in their work. The wages given by him are much below the
minimum wages prescribed by the government. He does not seek advice or
opinions from his workers, as he does not have any confidence on the
competence of his workers. Also, the workers are not willing to offer useful
suggestions as they do not expect any motivation or incentive for taking such
initiatives. As a result, the labour turnover is high and his business has been
adversely affected. In the above context: (3 Marks)

Answer 1

Answer:

Labor turnover is concerned with movements of individuals into jobs (hiring) and out of jobs (separations) over a particular period.

Explanation:

In every organization employees constantly join and leave for one reason or other. The relation between the number of persons joining the organization and leaving due to resignation, retirement or retrenchment to the average number of pay-roll is labor turnover.

his business is adversely affect because he do not follow or take advice of his subordinates.

Team works make dream work. Opinion of every person matters for running a successful business. Poor relationship between boss and staff do not lead t a god environment and success.

Carefully consider the hiring process.

Make the hard choice on letting employees go.

Keep compensation and benefits current.

Encourage generosity and gratitude.

Recognize and reward employees.

Offer a flexible, healthy work life balance, Are some of the method to establish good relation.

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