2.1 Labour Turnover Quiz

Labour turnover refers to the ______ at which employees leave an organization over a specific period, typically measured annually.

What role does company culture play in labour turnover?

• It has no impact on employee retention

• A positive culture can enhance employee loyalty and reduce turnover

• A negative culture can attract more employees

• Company culture is only important for new hires

Describe two causes of labour turnover in a business.

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What is a key employee retention technique that organizations can implement?

• Providing minimal training

• Conducting exit interviews

• Ignoring employee feedback

• Offering no career advancement opportunities

What is the formula for calculating labour turnover?

Tom is analyzing the turnover rates in his organization. He calculates that 15 employees left out of 100 total employees over the past year. What is the turnover rate?

Explain how workplace flexibility can help reduce labour turnover.

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What is a potential negative impact of high labour turnover on team dynamics?

• Increased collaboration

• Disruption of team cohesion

• Enhanced problem-solving

• Improved communication

How can exit interviews be used to address labour turnover?

• To punish employees for leaving

• To gather feedback on employee experiences

• To promote the company to new hires

• To reduce the number of employees

In a recent study, a company found that employees were leaving due to a lack of work-life balance. What strategy could the company implement to address this issue?

• Increase salaries

• Offer flexible working hours

• Reduce training programs

• Limit employee feedback