Explain the following principle of General Management :
(iii)Stability of Personnel
Show Hint
Personnel should be selected after a rigorous procedure.
Once selected they should be kept at their post for a minimum fixed tenure.
This minimises employee turnover.
• Fayol's principles: Henri Fayol gave 14 principles of general management; Stability of Personnel is one of them.
• Employee turnover: The rate at which employees leave and are replaced in an organisation. Step 1: State the principle
The principle of Stability of Personnel states that personnel should be selected and appointed after due and rigorous procedure, but once selected they should be kept at their post for a minimum fixed tenure and given reasonable time to show results.
Step 2: Explain its significance
It helps to minimise employee turnover and to maintain organisational efficiency.