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The managers in an organization wanted to reduce employee turnover by increasing employee 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
Land
A fixed asset that represents property; it is considered a non-depreciable asset used in operations or investment.
Investment by Owner
The contribution of cash or other assets by an owner into their business, increasing the equity of the company.
Deficit
The amount by which expenses surpass income or revenues, resulting in a loss.
Retained Earnings
Profits that a company has reinvested in itself rather than paying out to shareholders as dividends.
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