Since his department is being phased out, Jacob decides to take a job in the financial-analysis department even though it's at the same level and has the same pay rate he was making in the equity-resources department. What type of turnover is Jacob involved in?

Question

Social Studies

Rhianna Trevino

25 July, 13:22

Since his department is being phased out, Jacob decides to take a job in the financial-analysis department even though it's at the same level and has the same pay rate he was making in the equity-resources department. What type of turnover is Jacob involved in?

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Answers (1)

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Dayanara Schmidt · Answer 1

Jacob is involved in a transfer. The proper type of turnover that Jacob is involved is transfer.

Explanation:

A transfer is an intra-company move to another job or another team, the pay rate could vary depending on the role and company. In this case, the existing team of Jacob is being phased out so he will need to request a transfer within the same company and with the same level of earning as the previous role.