Why You Shouldn't Rely on Turnover Cost Estimates
Contributor: Haig R. NalbantianPosted: 7/9/2012
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Even in times of high unemployment, HR and other business leaders often seek to benchmark turnover costs against standard “rule of thumb” estimates. However, such estimates can be misleading because of the way in which they are calculated. Most calculations simply roll up the hard and soft costs of replacing departing employees, which overlooks the many possible positive effects of turnover. Standard cost estimates also tend to disregard the significant variation in negative impact across organizations and workforce segments within organizations. This article describes the costs and potential benefits of turnover, uses case studies to demonstrate variations in impact, and discusses how employers can appropriately assess the impact of turnover in their own workforces. Full Article » |
Running Training Like a Business Webinar Series: Part 3- Farmers Insurance
Contributor: Annette ThompsonPosted: 4/19/2011
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Results-oriented learning is important to maintaining business success. Full Video » |
Transformative HR: Robust Analytics to Define & Achieve Success
Contributor: Alexandra GuadagnoPosted: 9/9/2012
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Learn from Ravin Jesuthasan, co-author of Transformative HR, how aligning design and implementation of workforce and people systems to an organization’s strategic drivers will create shareholder value. Full Podcast » |
Intangibles: Measuring the Hard to Measure and the Hard to Value
Contributor: Jack and Patti PhillipsPosted: 7/20/2009
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This entry will delve deeper into intangibles with specific emphasis on the measurement, analysis and value of this hard-to-value data. Full Column » |
Scorecards and Dashboards: Translating HR Strategies Into Meaningful Metrics and Staying Focused
Posted: 7/16/2010 |
Though it has been around for some time, there are some advances being made in the Balanced Scorecard. Full Whitepaper » |
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We have an employee who is just not working out. We would like to fire her. But do NOT want to have to pay her unemployment. She... |
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My question is about relocation assistance. I have an executive level recruit who lives 95 miles away. The family cannot... |
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If an employee calls in sick, am I allowed to drive by their house to see if they are home. They do have sick time. |
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Please provide comments regarding your company/organization’s efforts to eliminate discrimination in the areas of recruitment, selection, promotion and retention of employees. |
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What is the difference between "job" and "position" , "Job description" and "job profile" |
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