Terence K. Huwe, Director of Library and Information Resources
Janice Kimball, Library Assistant IV
Careers Section: You Hired 'Em. But Can You Keep 'Em?
Employee turnover makes the economic costs of an almost frictionless
turnstile too high to disregard. Human resources executives estimate
that when all factors are considered--not only the headhunter's fee
but also the defector's lost leads and contacts, the new employee's
depressed productivity while they are learning, and the time co-workers
spend guiding the new employee -- replacement costs can be as much
as 150% of the departing person's salary.
of Wisconsin-Extension, Center for Community Economic Development
How Much Does Your Employee Turnover Cost?
Employee turnover costs money. Businesses know better systems and
training can help find better employees and keep the good ones. The
challenge lies in determining how much to spend to ensure an adequate
return on the investment in personnel. The site includes an Online
Employee Turnover Calculator.
An Innovative Approach for Cost-effective Turnover Reduction
This article describes an HR management tool for decreasing turnover
which is based on professional research that links various job characteristics
to job candidates' sources of personal discomfort and dissatisfaction.
Dalton, Dan R.
Employee transfer and employee turnover: A theoretical and practical
disconnect? Journal of Organizational Behavior v18, n5 (Sep 1997):411-413.
Employee turnover costs. Ivey Business Quarterly v62, n4 (Summer 1998):19.
Does your employee turnover signal bigger problems? Management Review
v86, n5 (May 1997):51.
What is the cost of employee turnover? Compensation & Benefits Review
v29, n5 (Sep/Oct 1997):17-18.
Holloway, William W.
Coping with Employee Turnover in the Age of High Technology. Personnel
Administrator v30, n5 (May 1985):108-115.
Jenkins, Michael; Thomlinson, R Paul.
Organisational commitment and job satisfaction as predictors of employee
turnover intentions. Management Research News: MRN v15, n10 (1992):18-22.
Lee, Thomas W; Mitchell, Terence R.
An alternative approach: The unfolding model of voluntary employee
turnover. Academy of Management Review v19, n1 (Jan 1994):51-89.
McEvoy, Glenn M.; Cascio, Wayne F.
Strategies for Reducing Employee Turnover: A Meta-Analysis. Journal
of Applied Psychology v70, n2 (May 1985):342-353.
Rinefort, Foster C; Van Fleet, David D.
Work injuries and employee turnover. American Business Review v16,
n2 (Jun 1998):9-13.
Sims, Randi L; Kroeck, K Galen.
The influence of ethical fit on employee satisfaction, commitment
and turnover. Journal of Business Ethics v13, n12 (Dec 1994):939-947.
Wright, Thomas A.
Work Satisfaction, Work Performance, and Organization Tenure Considered
as Predictors of Employee Turnover. Journal of Applied Business Research
v8, n1 (Winter 1991-1992):83-88.
© Institute for Research on Labor and Employment, University of California, Berkeley. All rights reserved.
Last update 2/16/99.