Untitled Flashcards Set

Key Elements of Talent Acquisition (TA)

  • Recruitment

  • Assessment

  • Selection

Recruitment

  • Recruitment Goals

    • Influence # of people who apply

      • the more, the better (gives ERs the ability to be more selective)

        • however, more volume = more time spent

    • Influence the type of people who apply

      • enhance quality of applicants (KSAOs, person-org fit)

      • reduce # of unqualified applications

    • Ensure that those who apply reflect the diversity of the population

    • Ultimate goal is a large pool of qualified, diverse, applicants

  • Recruitment Sources

    • Evolution of Sourcing

      • in the past, candidate sourcing = very localized (towns, cities)—> now, candidate sourcing = regional/national/global

      • much more high-tech

        • from signs on doors to online job boards, social networking sites, company sites

      • much more analytically driven

        • companies collect data about their recruitment (which sources draw the best applicants, etc.)

    • Sourcing Options

      • Internal (Build)—orgs. fill a number of their positions with people already in the org.

        • internal job postings

        • leadership development programs

        • talent inventories

        • succession plans

      • External (Buy)

        • campus recruitment

        • employee referrals

        • advertisements

        • career sites

        • search firms

        • professional associations

        • job boards

    • Evaluating Sources

      • Speed

      • Cost

      • Volume

      • Quality and/or “Fit”

      • Employee Retention

      • Diversifying Applicant Pool

      • Match w/ Job Level

      • Open v. Closed Sources

        • Open—fair/transparent; large pool; hidden talent; costly/time-intensive

        • Closed—efficient; faster; fewer rejections; bias/less diverse

  • Talent Attraction

    • Barber’s Recruitment Model

      • Phase 1: Generating Candidates (Attraction)

      • Phase 2: Maintaining Applicant Status (Retention)

      • Phase 3: Encouraging Acceptances (Hiring)

    • Key Factors Influencing Recruitment Outcomes

      • Brand, Recruiters, Timing, Messaging, Market

        • Elements of a Brand Impression

          • Employer Brand

            • Familiarity (Do I know this company?)

              • can range from being entirely unaware of the company’s existence to being top-of-mind when they EEs think about potential ERs

              • shaped by low-involvement messaging

            • Image (What’s it like at this company?)

              • shaped by applicants’ views of the ER, the job itself, and other people at the company

            • Reputation (What do other people think about this company?)

              • shaped by views held by general public, peers, and family & friends

              • driven by how we view companies by consumers

          • Messaging

            • Realistic Job Preview (RJP)

              • presenting candidates with both positives and negatives/drawbacks associated with the job and org.

              • shown to reduce turnover via self-selection; improve job satisfaction

              • most effective for routine, etc.

Psychological Assessments serve as a tool to predict who will be most successful in the role

Assessment

  • Theoretical Predictors of Behavior at Work—personality; achievement mindsets; knowledge, skills, and abilities; motivation; work attitudes; emotions; leadership

    • Assessments allow us to measure these theoretical predictors of job performance

  • Forms of assessments include resumes, interviews, personality inventories, biodata, etc.

    • give insight into KSAOs (eg: technical knowledge, service orientation, resilience, etc.)—> ultimately predict certain outcomes (eg; job performance, turnover, OCBs, CWBs, etc.)

  • Key Goal of Assessment: Prediction

    • Ideally, assessments perfectly predict actual performance/outcomes; however, assessments aren’t always entirely accurate

      • ultimately, want to make decisions better than chance

      • help inc. # of true pos./neg. hiring outcomes and dec. false pos./neg. hiring outcomes

  • Types of Assessments

    • Initial Assessments: assessments used to initiate the hiring process and screen candidates for basic requirements (eg: resumes, phone screens

    • Formal Assessments: assessments used to further evaluate the remaining candidates and inform hiring decisions

      • generally “performance-based” and in-person

        • trying to replicate what will happen in the job; scoring people based on their behaviors and actions

      • generally online or paper-pencil based

    • Contingent Assessments: assessments used only for certain types of jobs and often only after a hiring offer has been made

  • Key Considerations in Choosing Assessments

    • Validity—the accuracy or appropriateness for predicting or drawing inferences from test scores; most important factor

      • work samples, cognitive ability tests, structured interviews, etc. have high validity; personality tests, unstructured interviews are on the lower end

    • Cost—how expensive it is to develop and administer certain tests

    • Adverse Impact—different outcomes for different people based on race, disability status, etc.

      • can lead to claims of racism, discrimination, etc.

      • personality tests are used in hiring processes because they’re low-cost and have low levels of adverse impact

    • Candidate Reactions—extent to which candidates react positively v. negatively to the assessment method

      • interviews produce most positive candidate reactions (expected/standard in interview/hiring process); personality tests and cognitive ability tests are at lower end (slightly harder to comprehend job relevance)

  • Measures of Skills & Abilities

    • Cognitive Ability Tests

      • assess general mental ability (g) or specific facets of intelligence

        • applies to all jobs (higher generalization) than specific intelligence tests

      • cognitive ability = good predictor of better job performance

        • g has been shown to explain as 40% of variance in job performance

      • EG: SAT, ACT, Wonderlic Test, etc.

      • Benefits: high validity, high generalization, low cost

      • Limitations: mixed candidate reactions, high adverse impact

    • Situational Judgment Tests—candidates presented w/ situations and need to select or rank order potential options for handling them; assess practical intelligence, problem solving, decision making; used mainly for professional jobs

    • Work Samples—candidates perform a representative sample of job tasks, assess job specific knowledge, skills, and abilities; used mainly for technical jobs

    • Situational Exercises/Simulation—candidates engage in exercises that mirror part of the job; can be used to assess job specific KSAs as well as general qualities and personality characteristics; used mainly for managerial and professional jobs

    • Assessment Centers—candidates complete a series of exercises that simulate

    • Benefits: moderate to high validity; favorable candidate reactions; low to moderate adverse impact

    • Limitations: high cost, low generalizability; maximal v. typical performance

Measures of Traits & Qualities

  • Personality Inventories

    • Big 5 (openness, conscientiousness, extraversion, agreeableness, neuroticism)

      • ensure proper use

  • Integrity Tests

    • Overt Measures

      • punitive attitudes, admissions of illegal drug use, reliability/diligence, theft admissions

      • EG: Reid Report

    • Personality Based Measures

      • mainly assess conscientiousness, also agreeableness and emotional stability

      • EG: Employee Reliability Index

  • Benefits: low cost; low adverse impact; offer incremental validity when used in combination w/ ability measures

  • Limitations: low to moderate validity; less favorable candidate reactions; faking?

    • Faking does not hurt the validity/value of these tests

      • can indicate a job relevance skill of how an employee should behave/their expected norm of worker behavior in the workplace

      • adding points to all workers, doesn’t skew results

  • Interviews

    • most common assessment used in organization

    • can be used to assess almost any KSA, often used to assess softer skills (eg: interpersonal skills, leadership, adaptability)

      • Continuum:

        • Unstructured—interviewers make judgments as to what questions to ask and how to evaluate responses

          • low/zero validity; potential for adverse impact

        • Structured—interviewers ask the same questions of all applicants and responses are scored using a standardized key

          • high validity; low adverse impact

    • Improving Interviews

      • develop questions based on a thorough job analysis

        • how to design questions relevant to critical job qualifications

      • formalize and structure the interviewing and rating process

      • provide interviewer training

        • reduce adverse impact and bias; apply rating system fairly; justifications of ratings; etc.

Making Decisions with Multiple Assessments

  • how to take info from multiple assessments and make sound hiring decisions

  • Multiple Regression

    • applicants complete all assessments and their scores are weighed and added together to create an overall evaluation that is used to rank candidates

    • compensatory approach—high score on one assessment can compensate for a low score on another assessment

  • Multiple Cutoffs

    • applicants complete all assessments and must scorea bove a set level on each assessment. Applicants who pass all of the assessments are then rank ordered based on their scores

    • non-compensatory approach—high

  • Multiple Hurdle

Legal Issues

  • Major U.S. EEO Laws

    • Civil Rights Act (1964) Title VII—no disc. on basis of race, color, sex, religion, national origin

    • Age Discrimination in Employment Act (ADEA; 1967)—covers those over the age of 40

    • Americans With Disabilities Act (ADA; 1990)—make reasonable accommodation w/o undue4r

    • Civil Rights Act (1991)—allows jury trials, compensatory damages, etc.

  • 2 Theories of Employment Discrimination

    1. Adverse Treatment (Disparate Treatment)—intentionally treat protected class members differently (overt discrimination)

      1. pretty rare, but Ruby Tuesday EG

    2. Adverse Impact (Disparate Impact)—practices or policies that were thought to be unbiased result in a disproportionate negative impact on a certain group (unintentional discrimination)

      1. much more common

      2. stock statistics—compare “utilization rates”

        1. EG: compare company’s % m/f in clerical jobs v. % m/f in “relevant population

      3. concentration statistics—compare job category distributions

        1. EG: compare % m/f in clerical v. sales v. management

      4. flow statistics—compare “selection rates”

        1. EG: compare % of m/f applicants hired

      5. Example of 80% or 4/5 Rule

        1. less than 80%, so adverse impact exists

      6. Employer Defenses

        1. Business Necessity/Job Relatedness: show that the processes/practices (a) are closely related to job requirements, and/or (b) predict job performance

          1. need to show that there is not a reasonable alternative that doesn’t cause undue hardship

        2. Bona Fide Occupational Qualification (BFOQ): necessary for safe performance or is essential to role; often difficult to prove

          1. race can’t be used in this case; however, other protected classes can be

            1. EG: Catholic priests need to be Catholic

      7. Strategies for Reducing Adverse Impact

        1. Recommended

          1. Recruit more qualified minority candidates

          2. Include multiple assessments that assess a comprehensive array of skills, abilities, and traits/qualities related to both technical task performance & contextual job performance

        2. Not Recommended

          1. Use assessments w/ low validity

          2. Provide test orientation and preparation programs to candidates

            1. have been shown to have no impact

          3. Identify and remove individual test items on which majority and minority candidates differ

            1. has been shown to have no impact

Engagement: the harnessing of organization members’ selves to their work roles; in engagement, people employ & express themselves physically, cognitively, and emotionally during role performances

  • Related concepts: flow, absorption, energy, involvement, satisfaction, commitment, etc.

  • Defining Characteristics:

    • psychological connection w/ performance of work tasks rather than an attitude toward features of the organization or job

    • self-investment of personal resources (physical, emotional, cognitive) into job tasks

Trends in Employee Engagement

  • Highly/Actively Disengaged: ~20%; Neutral: ~50%; Highly Engaged: ~30%

Consequences of Employee Engagement

  • Individual Outcomes

    • Chapel Hill study shows pos. relation to task performance & contextual performance

    • Gallup found that 62% of engaged employees believe their work pos. affects health

  • Business Outcomes

    • positive relationship between employee engagement and shareholder return, safety, productivity, growth, customer loyalty, etc.

      • need for caution against reverse causality

Antecedents of Employee Engagement

  • Job Characteristics

    • Job Characteristics Model (Hackman & Oldham)—any proposed job can be desc. by 5 core dimensions

      • Skill/Task Variety—extent to which a job requires a number of activities, skills, & talents

        • most strongly related to employee engagement

      • Task Identity—

      • Task Significance—job’s impact on lives or work of other people, whether inside or outside the org.

      • Autonomy—

      • Task Feedback—to what extent is one getting feedback on how they are doing their job

    • influence 3 important psychological states: experienced meaningfulness, responsibility, and knowledge of results—> Motivating Potential Score (MPS)

      • motivation can depend on person, but on average

  • Leadership

    • Transformational Leadership & Leader-Member Exchange (LMX) lead to higher employee engagement

  • Learning & Development Opportunities

    • Effective Mentoring

      • boost employee engagement

    • Challenging Development Plans

      • help employees grown and develop

    • Management & Job Skills Training

  • Dispositional Characteristics

    • Positive Affect, Conscientiousness, Proactive Personality have pos. relation to employee engagement

Measuring & Analyzing Employee Engagement

  • Employee Listening

    • EG: recruitment surveys, mid-yr pulse, pulse points, learning plans, 360 feedback, skip-levels, 1:1s, annual pulse, exit surveys, etc.

    • annual pulse = most common—> other aforementioned surveys = methods to receive constant feedback

    • Engagement Surveys

      • 10 Common Themes (not all engagement): pride in ER; satisfaction w/ ER; job satisfaction; opportunity

        • rather, drivers and outcomes of engagement

      • Recommendations to better measure engagement

        • align survey items w/ how engagement is defined w/i org.

        • differentiate measures of engagement from measures of its antecedents and consequences

  • Analyzing & Acting on EE Feedback

    • many orgs. fail to act on EEs’ feedback, or take too long

    • critical that EEs know that they’ve been heard and that their feedback = taken seriously

    • companies have been using analytics and dashboards to help HR and people leaders make sense of and respond to EE feedback

Performance Management

Key Goals of Performance Management

  1. Strategic—communicating organizational goals and ensuring employees’ goals and actions are aligned

  2. Administrative—gathering info needed to make and document decisions related to selection, compensations, promotion, termination, etc.

  3. Developmental—providing feedback on strengths and weaknesses accompanied by coaching and training

Views on Performance Management

  • Watson Wyatt study —> only 3/10 EEs believe their performance rev. system actually improves performance

  • Another study found that almost 1/2 of ERS believe their managers are, at best, only slightly effective in helping underperforming EEs improve

  • Academic review of 600+ EE-feedback studies found that in over 1/3 of

  • Deloitte study —> only about 40% of HR execs. Believe their own performance management process is an effective use of time

Rethinking Performance Management

Performance Management Challenges

  • Doesn’t assess actual performance

    • Managers focus on person characteristics rather than actual output

  • Infrequent feedback

    • Most appraisals are done annually; EEs need more regular feedback & coaching

  • Non-data-based assessment

    • Evaluations commonly based on memory and subjective criteria

  • Conflicting Objectives

    • By serving multiple purposes, often don’t serve any extremely well

  • Errors are common

    • Judgments commonly biased by halo, recency, similar-to-me, leniency, and other errors

    • Distribution Errors/Biases

      • Central-Tendency Error (everyone = average)

      • Leniency Error (left-skew)

      • Severity Error (right-skew)

      • Forced Distribution—forces performance onto normal curve

        • Top-Grading: version of forced list. In which the bottom 10% is dismissed each yr; rank & yank

        • Problems w/ Forced Distribution

          • Cultural Implications

            • Can hurt EE morale and create a competitive culture that limits collaboration

            • of companies have abandoned forced rankings

          • limited utility over time

            • simulation study by Scullen, Bergey , and Smith (2005)—> end up getting rid of good workers/EEs

          • legal risks

            • many companies have lost class-action suits claiming that a disproportionate number of EEs of particular sex, age, and race groups had been “ranked & yanked”

Improving Performance Management

  • Training

    • provide rater training

      1. Rater error training—goal is to make raters aware of potential errors and teach hem how to avoid them; generally ineffective for improving accuracy

      2. Frame of Reference Training—goal is to provide raters w/ common, specific stds. against which to rate EEs and the opportunity for calibration through practice; generally effective for improving accuracy

    • coach managers

      • how to navigate the challenges of the performance management process (eg. having difficult convos)

        • peer-led workshops can be helpful for sharing best practices & advice

    • train EEs how to write effective, objective self-assessments

  • Process

    • clearly define and communicate key performance indicators (KPIs) that form the basis of performance evals.

    • gather additional info.

      • other sources of info to provide more holistic/accurate insight

    • simplify process by minimizing no. of forms and using tech. to dist., collect

  • Timing

    • inc. freq. of eval., feedback, and coaching

      • capture more freq. observations and evals. of EEs

      • encourage regular feedback and coaching, as opposed to annual point-in-time assessments

    • decouple compensation decisions and developmental discussions

      • research has shown that when performance appraisals are used for decision-making (pay, promotions, etc.), ratings tend to be more lenient and managers are less willing to give difficult feedback

Learning v. Training

  • Learning: relatively permanent acquisition of knowledge and skills

  • Training: systematic acquisition of skills, rules, concepts, or attitudes that result in improved performance in another environment

Facts that Impact Training Effectiveness

  • alignment of training w/ individual and organizational needs

  • learners’ motivations and abilities

  • program design and implementation

  • organizational learning climate

  • rigorous evaluation and continuous improvement

Training is influenced by what happens before and after the training as well; process rather than one-time event

  • The ADDIE Model

    • Analyze, Design, Develop, Implement, & Evaluate

  • Human Performance Improvement (HPI) Model

    • largely similar to ADDIE Model, but suggests that a performance issue is due to poor job design

      • includes cause analysis and solution selection sections

  • Training Needs Assessment

    • Needs Assessment

      1. Organizational Analysis

        1. Is there a clear need that aligns w/ business strategy?

        2. Is training the best approach for addressing the need?

        3. Is the training feasible and likely to be successful?

      2. Task Analysis

        1. What are the tasks performed on the job?

        2. What are the competencies (KSAOs) required to effectively perform the task?

        3. Which tasks and competencies should receive highest priority in the training?

      3. Person Analysis

        1. Who should be trained?

        2. Are trainees willing and able to learn?

        3. How can we design more personalized learning experiences that match the needs, characteristics, and preferences of the trainee?

        4. Personalized Learning

          1. IBM—Myca Your Career & Your Learning Platforms

            • Career Paths & Opportunities, Personal Learning

          • drives employees to learn more

Training Design & Delivery

  • Training Methods

    • Instructor-Led Training (ILT), Self-Directed, On-the-Job Training (OJT), Observation & Modeling, Simulations & Role-Plays

      • can be either traditional or virtual—practical considerations as well as quality ones

    • EG: Walmart VR Training

  • Shifting Delivery Trends

  • Effectiveness (?) of Virtual Training

    • 1000 studies have compared virtual and traditional training

      • consistently reveal that, all else equal, learning outcomes are equivalent for virtual and traditional training

      • virtual training isn’t inherently better or worse than other methods of instruction, what matters is how/when it’s used

Transfer of Training

  • ~30% of what trainees learn is transferred back to the job

    • suggests that many resources are lost

  • Transfer Barriers

    1. Organizational Resistance

    2. Technology/Infrastructure

    3. Lack of Incentives

    4. Lack of Support

    5. Temporary Productivity Implications

    6. Lack of Knowledge or Ability

  • Improving Transfer

    • Improve Needs Analysis

    • Build Learner Motivation

    • Enable Manager Support

  • Climate & Support

    1. Positive Climate—openness to new ideas; psych. safety, time to engage in learning & reflection; favorable consequences for learning

    2. Supervisor & Peer Support—removing obstacles, communicating importance of training; creating awareness/visibility of training opportunities; role modeling; encouraging application

    • EG: Leadership Training Transfer at AMEX

      • people w/ high improvement had convos w/ leader about how to apply, has a leader who supports the training

Training Evaluation

  • Leadership Training @ AMEX (Case Study)

    • Reactions—assess learner satisfaction & perceived utility through a survey administered at the end of training

    • Learning—assess the acquisition of new leadership knowledge and skills through a knowledge test and/or simulation conducted at the end of training

    • Behavior—assess application of leadership competencies (EG: coaching, goal setting, etc.) on the job 3-6 mos. after training by surveying trainees’ supervisors and/or direct reports

    • Results—assess the engagement, performance, and/or retention of trainees’ direct reports 6-12 mos. after training using company/HR data

    • Design Note: AMEX would also want to collect pre-training data; control data

  • Kirkpatrick’s Model (Levels)—4 different data points to evaluate training

    1. Reactions

      1. trainee’s thoughts regarding the training program

      2. two dimensions:

        1. affective—did participants enjoy the program?

          1. instructor satisfaction, etc.

        2. utility—will the training be useful back on the job?

          1. relevancy to job; extent to which training prepared person for job/task

    2. Learning

      1. did participants acquire desired competencies?

      2. typically assessed during or at the end of training

      3. 3 types of measures

        1. immediate knowledge

          1. EG: paper-and-pencil test immediately following training

        2. knowledge retention

          1. EG: paper-and-pencil test 2-weeks after training

        3. behavioral/skill demonstration

          1. can be conducted during or at some point following training; distinct from job performance itself

          2. EG: performance in a simulation conducted near or at the end of training

    3. Behavior

      1. assesses transfer of trained knowledge and skills to the job; are trainees using what they learned in training on the job?

      2. methods

        1. performance appraisal

        2. behavioral observation

        3. interviews w/ trained employees and/or managers

      3. beware of contamination

        1. overall performance ratings can obscure real behavior change

        2. whenever possible, tailor ratings to focus on specific elements of job

    4. Results

      1. does the training produce “bottom line” results?

      2. how does the training contribute o the organization’s objectives

      3. relevant results should be identified by referring back to organizational analysis

Leadership Development Trends

  • New Leadership Capabilities

    • Traditional—administrative leadership, reactive leadership, building teams, command & ctrl, centralize innovation

    • New—purpose-driven leadership, adaptive leadership in uncertain contexts, building culture, orchestrator & coach, co-create innovation across the workforce

  • Trends highlighted in 2024 Annual Leadership Development Survey Report

    • despite slightly higher investment in training overall, prop. of training budget allocated to leadership development decreased

    • coaching, communication, and team leadership skills remain top priorities; performance mgmt. and providing feedback inc. in priority

    • only ~7% of orgs. are actively using genAI

Leadership Development Methods

  • Development of Top Talent

    • McCall study—largely challenging jobs/assignments, then other people, other events, and hardships

  • 70-20-10 Model of Development

    • about 70% of development will come job experience

    • about 20% will come from coaching/mentoring

    • about 10% from formal learning

    • emphasis on experiential learning

  • Development Across Levels

  • Leadership Development Delivery Methods

    • rely a lot on formal training

  • Meaningful Developmental Experiences

    • characteristics shown to enhance value of developmental experiences

      • unfamiliar responsibilities, developing new directions, high stakes & responsibilities, managing business diversity

    • characteristics shown to detract from value of developmental experiences

      • lack of top management support, lack of personal support, difficult boss (all interpersonal)

Definitions & Trends

  • Turnover: individual movements across the membership boundary of a social system; people leaving organizations; number or percentage of workers who leave an organization and are replaced by new employees

    • Types of Turnover

      • voluntary—employee-initiated (quits)

      • involuntary—org-initiated (discharges, terminations, firings, dismissals)

      • functional—some org. benefit (non-regrettable)

      • dysfunctional—neg. org. consequences (regrettable)

      • avoidable—preventable by org. (controllable)

        • caused by dissatisfaction, etc.

      • unavoidable—little org. could do (non-controllable)

    • Turnover Rate Trends

      • voluntary turnover has been steadily increasing since around 2008-09

      • spikes in involuntary turnover during the Great Recession & Covid

    • Industry Variation

      • highest turnover rates in leisure & hospitality sector

Consequences of Turnover

  • increased costs

  • loss of human and social capital

  • operational disruption

  • neg. effects on customer outcomes, productivity, safety, sales/profits, etc.

Costs of Turnover

  • separation costs: hr staff time; manager’s time; accrued paid time off; temporary coverage

  • replacement costs: job posting/advertising; hiring inducements; hiring manager and department employee time; hr staff time

  • training costs: orientation program time and materials; formal training; on-the-job training; productivity loss due to learning curve

  • other costs: delays in production and customer service; lost clients and customers; disruptions to team-based work; loss of workforce diversity

Turnover Models—Approaches to Understanding and Predicting Turnover

  • Turnover Antecedents—

    • leader-employee relationship = strongest turnover antecedent

    • implications: monitor key antecedents to foreshadow turnover risk; focus improvement efforts on most powerful antecedents and those most salient to critical populations

    • limitations: importance of different antecedents depends on a variety of factors (EG: job level, performance level); employee turnover is typically driven by a series of decisions, not isolated factors

  • Unfolding Model of Turnover—what’s the decision making process people go through when they decide to leave an org.

    • Shocks—jarring events that prompt thoughts about leaving (EG: unsolicited job offer)

    • Scripts—preexisting plans for leaving (EG: when I have a child, I’m going to quit my job for x amount of time)

    • Image Violations—violations of employees’ values, goals, or goal strategies

    • Job Satisfaction, Search &/or Evaluation of Alternatives, and Likelihood of External Offer

    • implications: leavers don’t always quit for other job; shocks drive turnover more than dissatisfaction; some paths take longer to unfold than others, which impacts the time available to intervene

    • limitations: model focuses on a limited number of variables that shape individuals’ decisions to remain with or leave an organization

  • Job Embeddedness—factors that embed employees in their job and make it harder for them to leave

    • Links—connections to institutions and other people

      • Organization: tenure in company, interactions w/ coworkers, membership in teams and work committees

      • Community: spouse/partner status, family members and friends living close

    • Fit—compatibility or comfort w/ organization and environment

      • Organization: match w/ orgs.’ values and culture, professional growth and development opportunities

      • Community: weather,

    • Sacrifice—

    • implications: predicts turnover over and above traditional antecedents; can attenuate the deleterious consequences of shocks

    • limitations: orgs. may have limited influence over external factors

  • Integrating the Different Models

    • employee turnover is driven by a number of factors both internal and external to the organization

    • turnover occurs through a sequence of decisions that extend over variable timeframes

    • orgs. need to adopt a holistic perspective to understand why and how employees decide to stay or leave

Layoffs

  • Effects of layoffs

    • companies conducting large-scale layoffs often perform more poorly than companies engaging in smaller or no layoffs

      • holds even after controlling for company performance

    • factors shaping effects of layoffs:

      • time frame: job must remain unfilled for 6-12 mos. to realize any benefit

      • goal: layoffs conducted for strategic repositioning or due to an M&A have more pos. effects than those conducted for cost-cutting reasons