QuestionJuly 19, 2025

How does the economy influence voluntary turnover? Employees wait for bad economies to quit their jobs Employees want personal growth from their jobs Employees wait for good economies to quit their job

How does the economy influence voluntary turnover? Employees wait for bad economies to quit their jobs Employees want personal growth from their jobs Employees wait for good economies to quit their job
How does the economy influence voluntary turnover?
Employees wait for bad economies to quit their jobs
Employees want personal growth from their jobs
Employees wait for good economies to quit their job

Solution
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Answer

The economy influences voluntary turnover by affecting job security perceptions and available opportunities. In bad economies, turnover decreases due to limited options, while in good economies, it increases as opportunities grow. Personal growth needs also drive turnover regardless of economic conditions. Explanation 1. Analyze Economic Influence on Job Stability In a bad economy, job security is prioritized; employees are less likely to quit due to fewer opportunities. 2. Evaluate Personal Growth Factors Employees seek personal growth and development, influencing turnover if current roles lack these opportunities. 3. Assess Economic Conditions for Job Switching In a good economy, more job opportunities exist, encouraging voluntary turnover as employees feel secure in finding new positions.

Explanation

1. Analyze Economic Influence on Job Stability<br /> In a bad economy, job security is prioritized; employees are less likely to quit due to fewer opportunities.<br /><br />2. Evaluate Personal Growth Factors<br /> Employees seek personal growth and development, influencing turnover if current roles lack these opportunities.<br /><br />3. Assess Economic Conditions for Job Switching<br /> In a good economy, more job opportunities exist, encouraging voluntary turnover as employees feel secure in finding new positions.
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