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The Management in an Organization Wanted to Reduce Employee Turnover

question 39

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The management in an organization wanted to reduce employee turnover by increasing their job satisfaction.Therefore,they provided employees with a safe work environment and a sense of job security.However,the turnover rate did not decrease even after implementing these changes.During exit interviews,the employees complained that they do not have any opportunities for achievement and personal recognition.From this scenario,according to Herzberg's theory,it can be understood that:


Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.

Capital Stock

The total amount of shares that a company is authorized to issue, representing the main source of equity for the company.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividend payments.

Common Stock

Shares of ownership in a corporation, giving holders voting rights and a claim on profits in the form of dividends.

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