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Turnover

Turnover. Cost Rate Control – strategy # of ee’s Reduced productivity Merger/ acquisition Low morale Increase need for recruitment (efforts) Why people turning over? Exit interviews Training & development Compensation strategy Attrition PHASE!!!! Outsource temps.

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Turnover

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  1. Turnover Cost Rate Control – strategy # of ee’s Reduced productivity Merger/ acquisition Low morale Increase need for recruitment (efforts) Why people turning over? Exit interviews Training & development Compensation strategy Attrition PHASE!!!! Outsource temps

  2. What may result of anticipated turnover? • Seek secure/new employment • Relationship btwn turnover & unemployment • Unit 2, page 63-4 • Unit 6, page 89 • Unit 1, page 43 #7 – Turnover Rate • Unit 1, page 44 #9 – Turnover Costs per EE’

  3. Turnover Rate (avg # separations / avg # ee’s)x 100 = %

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