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Turnover. Personnel departures beyond the organizational boundaries · Transfers NOT included Promotions NOT included Voluntary included Involuntary included. Turnover Calculation. % = number of terminations X 100 average number of eligible employees
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Turnover • Personnel departures beyond the organizational boundaries · Transfers NOT included • Promotions NOT included • Voluntary included • Involuntary included
Turnover Calculation % = number of terminations X 100 average number of eligible employees ·Usually use one month ·Average Number of Eligible employees: ·To annualize: • Multiply by 12 or • Sum of the terminations for the whole year divided by the average number of eligible employees
Dealing with Turnover · Realistic job previews · Work sample tests · Fair treatment · Career paths · Better orientation & training · Better hours · Job enrichment · Better communications · Increased pay & benefits