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Retention Terence K. Huwe, Director of Library and Information Resources Janice Kimball, Library Assistant IV
Web Sites Fortune.Com Careers Section: You Hired 'Em. But Can You Keep 'Em? http://cgi.pathfinder.com/fortune/careers/1998/11/09/car.html 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. University of Wisconsin-Extension, Center for Community Economic Development How Much Does Your Employee Turnover Cost? http://www.uwex.edu/ces/cced/publicat/turn.html 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. Human Resources Learning Center An Innovative Approach for Cost-effective Turnover Reduction http://www.iplabs.com/hr/reducing-turnover.htm 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. Articles Dalton, Dan R. Employee transfer and employee turnover: A theoretical and practical disconnect? Journal of Organizational Behavior v18, n5 (Sep 1997):411-413. Deems, Richard. Employee turnover costs. Ivey Business Quarterly v62, n4 (Summer 1998):19. Ettorre, Barbara. Does your employee turnover signal bigger problems? Management Review v86, n5 (May 1997):51. Hansen, Fay. 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. |
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