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How is the principle of ‘Stability of Tenure’ important to an organisation? - Commerce

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Question

How is the principle of ‘Stability of Tenure’ important to an organisation?

Short Answer
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Solution

It takes time for employees to adapt to and master their roles. Therefore, it is essential to ensure a reasonable level of job security for all workers. When employees feel secure in their positions, it fosters loyalty and strengthens their commitment to the organization. On the other hand, frequent employee turnover leads to higher costs for hiring and training new staff, and it can also damage the company’s reputation.

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Chapter 6: Principles of Management - EXERCISES [Page 162]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
EXERCISES | Q 8. | Page 162
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
QUESTION BANK | Q 11. | Page 165
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