Absenteeism is often the first overt indication of impending turnover. When an employee becomes dissatisfied, it is easy for him to take time off on the pretext of illness and use the time to either seek other employment or just loaf, while his company pays him.Most of the factors which cause excessive absenteeism also create high turnover.These include poor selection, inadequate supervision, substandard wages, hours, or working conditions, lack of promotional opportunuties, insecurity, underutilization of skills, and poor personnel policies.If turnover rates are high, they will never decrease without the definitive corrective action of management. For management to be able to do this intelligently, it is fundamental to have the facts available as to the reasons for excerssive turnover. When the fact are analyzed and evaluated, remedial action can be undertaken.
Lord Manners was a rich and famous banker. When he died, he was given a magnificent funeral which was attended by hundreds of famous people. The funeral was going to be held in Westminster Abbey. Many ordinary people lined the streets to watch the procession. The wonderful black and gold carriage was drawn by six black horses. The mourners followed in silence. Lord Manners was given a royal farewell. Two tramps were among the crowd. They watched the procession with amazement. As solemn music could be heard in the distance, one of them turned to the other and whisper in admiration, "Now that's what I call really living!"