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Vaibhavi Bhat posted an update
HR Learning of the Day Dysfunctional turnover
Dysfunctional turnover refers to the situation when high-performing, skilled, or valuable employees leave an organization, leading to a negative impact on productivity, morale, and overall organizational performance. This is in contrast to functional turnover, where the departure of underperforming employees benefits the organization.
Causes:
1. Lack of Career Development: Employees may leave if they feel there are limited growth opportunities.
2. Poor Work Environment: Toxic culture, lack of recognition, or conflicts can push valuable employees away.
3. Compensation Issues: Inadequate pay or benefits compared to industry standards can drive talent elsewhere.
4. Leadership Issues: Micromanagement, poor communication, or lack of leadership support can lead to dissatisfaction.
Implications in HRM:
1. Knowledge Loss: The departure of skilled employees results in a loss of institutional knowledge.
2. Increased Costs: Replacing high-performing employees is expensive due to recruitment, training, and onboarding.
3. Morale Impact: Remaining employees may feel demotivated or overburdened, leading to further turnover.
4. Reduced Competitive Advantage: Losing top talent can hinder innovation and reduce the organization’s competitiveness.
Example:
If a tech company loses a key software engineer who was leading an innovative project due to dissatisfaction with management, the project may stall, leading to delays and additional costs.
Please note that all HR Words have been Sourced from Google/Wikipedia and I copy from different places, edit using GenAI and share with everyone while learning something new everyday. Image Source ChatGPT
Have A Great HR Day
Regards
Dr. Vishal Verma