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Skilled vs Unskilled turnover: uneducated and unskilled employees often have a high turnover rate, and they can generally be replaced without the organization or company suffering a loss of performance. The fact that these workers can be easily replaced provides little incentive for employers to offer generous labor contracts; conversely ...
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
Despite being extremely well-educated, the youngest group of U.S. workers faces uncomfortably high unemployment and record levels of underemployment. Certainly, the reasons for this employment ...
Employees are second-guessing whether a bachelor's degree is worth the cost, according to a new survey, shared exclusively with Fortune, of over 3,000 U.S., U.K., and Australian employees by ...
Failure to address these disparities can lead to higher turnover rates and lower employee morale. [ 44 ] Management teams that are not diverse can be self-replicating as senior leaders’ demographic characteristics significantly impact the types of programs, policies and practices implemented in the organisation – i.e. there are more likely ...
"When a high school student can graduate today and walk out of high school and potentially earn $20 an hour or more and then wonder why they have to pay us $10,000 a year to get an education, that ...
The high prevalence of severe occupational stress among workers in Japan leads to hundreds of thousands in human capital loss per employee throughout their careers. [104] The Japanese term " Karoshi " refers to "overwork death", a case in which a sudden death is caused by a factor related to ones occupation, such as occupational stress.
The cover of The Peter Principle (1970 Pan Books edition). The Peter principle is a concept in management developed by Laurence J. Peter which observes that people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not ...