(Solution) CIPD 5HR02 (AC3.3) Explain the impact of dysfunctional employee turnover
New User Gifts
First Order Deal get Ksh 200 Off.
Original price was: £ 20.00.£ 10.00Current price is: £ 10.00.
Payment Methods:
Description
Solution
| (AC3.3) Explain the impact of dysfunctional employee turnover.
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 300 words |
| Dysfunctional Turnover
Dysfunctional turnover is the voluntary departure of high-performing employees, who are important for organisation’s success (Morlin, 2023). This kind of turnover can be harmful, particularly because it can negatively impact performance and the morale of everyone involved, resulting in lost knowledge, skills, and productivity. Ways Dysfunctional Turnover Can Impact ParcelCare Loss of Key Knowledge: Dysfunctional turnover can cause the company to lose employees with critical expertise, and hence it loses the valuable knowledge and skills. The company could struggle to find replacements with an equivalent experience, which could have an effect on operational efficiency and customer service quality (Grecek, 2024). It may also be an expensive and time-consuming activity to onboard new staff and get them to the same level as the lost skills. The indirect cost is that of potential customer dissatisfaction, which could potentially harm ParcelCare’s reputation. Increased Recruitment and Training Costs: ParcelCare also has to incur extra recruitment costs to fill high performing positions when the employees leave. These include advertising, recruitment agency fees, and the cost of time interviewing and selecting for candidates. After new employees are hired, training programs to get them to certain levels of performance are necessary as Hazelton (2024) explains. The return on investment is likely to be delayed, putting a financial strain on the organisation while the investment is ongoing. Psychological and Morale Impact on Remaining Employees: The loss of some key employees can diminish the morale of the rest of the employees. In particular, employees may feel insecure or demotivated, if they believe the company cannot retain its top talent. The end result is declining job satisfaction, increased stress, and declining productivity (Grecek, 2024). Over time, this can lead to further turnover. It can also make employees disengaged and less likely to take their role a step above what is expected, which has an overall effect on a team in terms of performance.
|
Please click the following icon to access this project in full
Related Papers
(Solution) CIPS Leadership and Management in Procurement and Supply
- This assessment has delved on evaluation of impact of leadership and management approaches in an organisation.
- By evaluation Woodplc organisation operating in UAE oil and gas sector, the organisation successful project implementation is to increase their offshore oil and gas exploration to increase with upwards of 10,000 new exploration wells which demand a high-level leadership and management.
- This similarly highlight the positioning of Woodplc in UAE and international oil and gas industry.
- A set of tools including RACI, Leadership Matrix, Mendelow and RACI were adopted in sourcing this assessment findings.
(Solution) CIPD 5CO02 recommendations based on evaluation of the benefits, risks and financial implications of potential solutions. (AC 2.3)
(Solution) CIPS Advanced Level Advanced Practitioner Corporate Award (APDP)
- In summary, this assessment, has focused on evaluating the process of leading a project team for implementing a new category management.
- For achieving this, British American Tobacco (BAT) in Malaysia has been used as an organisation of interest.
- The selected category of spend is technology and particularly the procurement of high speed machines for meeting the market demand. The rationale of this is that as an international organisation, BAT organisation engages both local and international suppliers in sourcing of technology.
- Considering this high demand, there has been challenges which sustainability of their sourcing approach. Therefore, BAT has been prompted to invest in a system which is modernised for ensuring modernisation of the procurement and supply process in BAT.
- For the Procurement and Supply Management (PS&M) tasked with the responsibility of procuring the technology system tend to take part in learning and development strategies, improving the suppliers relations, increasing alternation of the suppliers relations, high-level inclusion of stakeholders and to transform technology.