
Human Resource Management 14th Edition by Robert Mathis,Sean Valentine,John Jackson
Edition 14ISBN: 978-1133953104
Human Resource Management 14th Edition by Robert Mathis,Sean Valentine,John Jackson
Edition 14ISBN: 978-1133953104 Exercise 1
As the HR manager, you must provide the senior management team with turnover costs for the following high-turnover position. Use websites such as www.talentkeepers.com and www.keepemployees.com, to calculate turnover and analyze the variables involved. Also identify any other data that might be relevant, and then discuss how you would reduce the turnover.
Position: Machine operator
Number of employees: 250
Number of turnovers: 85
Average wage: $11.50/hour
Cost of benefits: 35% of payroll
Position: Machine operator
Number of employees: 250
Number of turnovers: 85
Average wage: $11.50/hour
Cost of benefits: 35% of payroll
Explanation
One of the major problems faced by the H...
Human Resource Management 14th Edition by Robert Mathis,Sean Valentine,John Jackson
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