After reading this article you will learn about:- 1. Introduction, Definition and Calculation of Labour Turnover 2. Causes of Labour Turnover 3. Cost 4. Methods to Reduce. Introduction, Definition and Calculation of Labour Turnover: Labour turnover refers to the movement of workers into and out of an organisation. Labour turnover has been a subject of manager concern and scholarly study [...]
After reading this article you will learn about:- 1. Economic Aspects (Cost) of Accidents 2. Causes of Accidents 3. Prevention 4. Proneness. Economic Aspects (Cost) of Accidents: An accident can be very costly to the injured employee as well as to the employer of the concern. There are definite costs associated with the accident, e.g., direct and measurable costs and [...]
After reading this article you will learn about:- 1. Objectives or Necessity of Worker’s Participation 2. Types of Worker's Participation 3. Conditions for the Success. Meaning and Objectives or Necessity of Worker’s Participation: Worker's participation in management can be in any shape, from establishing work-committee to auto-management by the employees. The aim of management is to get work through others. [...]