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Vitek1552 [10]
3 years ago
14

Organizations with low turnover and satisfied employees tend to perform better. On the other side of the coin, organizations hav

e to act when an employee's performance consistently falls short. Based on these concepts, organizations may distinguish between involuntary and voluntary turnover, recognize their effects on the organization, develop measures to encourage top performers to stay, and develop ways to manage the separation process fairly. Any organization wants to retain good performers and encourage or force low-performing employees to leave. There are two types of employee turnover. Involuntary turnover occurs when the employer requires employees to leave, often when they would prefer to stay. This action may potentially result in lawsuits and violence. Voluntary turnover occurs when employees initiate the turnover, often when the organization would prefer to keep them. These employees may retire or leave to work with different organizations. Both types of turnovers are costly because of subsequent needs to recruit, hire, and train replacements.
Roll over each of the following items, read the statements, and place them in the appropriate columnin the chart. Each category has three statements.
1. Any reason
2. Workplace violence
3. Better job
4. Retirement
5. Refusing
6. Violating
7. Promise
8. Careers
9. Employee layoff
A. Voluntary Turnover
B. Involuntary Turnover
C. Employee at Will Doctrine
Business
1 answer:
miskamm [114]3 years ago
3 0

Answer:

Answer is explained in the explanation section below.

Explanation:

Voluntary Turnover:

Better Job: If an employee is offered a better job, he may choose to quit his current position.

Careers: If an employee is career-oriented and wishes to pursue higher education, he will willingly leave his employment.

Retirement: When an employee reaches the legal working age, he retires, which is referred to as voluntary retirement.

Involuntary Turnover:

Workplace Violence: An employer may decide to fire an employee who engages in workplace violence. This is what is known as spontaneous turnover.

Violating: If an employee is found to be in breach of the company's rules, he will be dismissed, resulting in involuntary turnover.

Employee layoffs: Forced turnover occurs when a company's employees are laid off in large numbers.

Employment at-will doctrine:

For some reason: This allows the employer to fire an employee for any cause.

Promise: Neither the employer nor the employee has made any commitments to each other.

Refusing to state the reason for the employee's termination: If the employer refuses to state the reason for the employee's termination,

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Answer:

wages and salaries activity variance= $1,000 unfavorable

Explanation:

Giving the following information:

Standard:

Fixed= $1,230

Variable= $240 er birth

Actual:

101 births.

The actual wages and salaries for the month was $26,470.

To calculate the activity variance for wages, we need to use the following formula:

wages and salaries activity variance= (actual costs - standards costs)

standards= 1,230 + 240*101= $25,470

wages and salaries activity variance= (26,470 - 25,470)

wages and salaries activity variance= $1,000 unfavorable

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If your company matches 75 cents on the dollar,and you contribute $200 a paycheck, how much will your employee match?
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Moe is an average worker stuck on a team of complacent workers. Nick is an innovator who produces triple the amount of the avera
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Answer:

Wyatt

Explanation:

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In this scenario Wyatt who is a slacker in the team of Nick will stand to gain more.

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Exodus Limousine Company has $1,000 par value bonds outstanding at 15 percent interest. The bonds will mature in 30 years. Compu
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Answer:

if YTM at 4% price :  $2,902.1237

if YTM at 8% price :  $1,788.0448

The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value

Explanation:

the market price of the bond will be the present value of coupo payment and maturity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 150.000

time 30

rate 0.04

150 \times \frac{1-(1+0.04)^{-30} }{0.04} = PV\\

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\frac{Maturity}{(1 + rate)^{time} } = PV  

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time   30.00

rate  0.04

\frac{1000}{(1 + 0.04)^{30} } = PV  

PV   308.32

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PV m  $308.3187

Total $2,902.1237

No we repeat the process with the yield at 8%

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

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\frac{Maturity}{(1 + rate)^{time} } = PV  

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time   30.00

rate  0.08

\frac{1000}{(1 + 0.08)^{30} } = PV  

PV   99.38

PV c $1,688.6675

PV m  $99.3773

Total $1,788.0448

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