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 TESTIMONIALS
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"...This is an excellent program. I'm so glad that I stumbled on to this when researching for task management programs. Very low learning curv, quite flexible, and the price is right. Tried at least 20 other programs, either too complicated, too expensive, or poor documentation..."
Chad Lindsey -
Honolulu, HI
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Managing personnel turnover and retention |
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Better management of workforce turnover involves assessment of the amount and types of turnover that are acceptable within specific industry. Managing staff turnover and retention explores possible reasons for turnover and allows to consider what organization management can do to retain more staff. This checklist is created to help HR managers and team leaders to better understand and manage staff turnover.
You can download this template in VIP Organizer or VIP Team To Do List database format.
ManagingPersonnelTurnOverAndRetention.zip 3,5 Kb
You can order complete (full) checklist or all complete (full) checklists in convenient MS Word and PDF printable format.
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1. Measuring effects of workforce turnover
- Measure average number of your employees (add the number of employees at the beginning of a period to the number of people employed at the end of this period and divide by two)
- Measure turnover percentage rate (you should multiply the number of left employees by 100 and divide by the average number of employees in the same period)
- Consider impact of turnover to the costs, such as:
- Separation costs
- Temporary replacement costs
- Recruitment and interviewing costs
- Introduction and training costs
2. Assessing your company against others
- Compare your organization's turnover rate against industry figures
- Monitor labour market trends and conduct statistic surveys (use services of specific research agencies)
- Consider demographic factors such as age, locations, ethic minorities, graduates, and other
3. Finding out the reasons for staff turnover
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