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The idea that an organization should (1) strive to satisfy the needs of consumers (2) while also trying to achieve the organization's goals reflects the
Outcome Fairness
The perception among employees that the outcomes they receive from the workplace are fair, equitable, and just, relating to decisions about rewards, promotions, or layoffs.
Involuntary Turnover
Occurs when an employer initiates the termination of an employee's contract for various reasons, such as underperformance or restructuring.
Early Retirement
The act of exiting the workforce before the traditional retirement age, often due to personal choice or incentivized plans offered by employers.
Open-Door Policy
A management approach that encourages employees to communicate openly with superiors, feedback, and discuss any matter without fear of retribution.
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