Human Capital Unit 4

Employment at Will

Under the Employment at Will doctrine, either the employee or the employer can end employment at any time.

Turnover Costs

Productivity loss, potential lawsuits, potential violence and recruitment expenses

Voluntary Turnover

The employee willingly leaves the company, whether resignation and retirements. Loss of productivity.

Involuntary Turnover

Layoffs, terminations- risks of lawsuits and violence.

Job Satisfaction

Tasks, People, Personality, Compensation

Job Dissatisfaction

Physical and Psychological Withdrawl

Progressive Discipline

Estamblished policy specifying levels of punishment that increases with repeated violations.

Requires documentation of infractions.