Costing Labour Turnover Through Simulation Processes: A Tool For Management

Abstract

Over the years, there have been many words written on the subject of labour turnover. Many models have been put forward to understand the phenomenon and to provide a basis for its diagnosis and analysis. A variety of measures of labour turnover have been developed to assist in this analysis. Standard measures have concerned stability, survival and the propensity to leave relating to a wide range of factors either individual, organisational or societal. Most of these measures have been developed so that the user, usually the personnel specialist, can better appreciate the phenomenon and then improve the chances of diagnostic success in reducing labour wastage.

Citation

Dawson, C. (1988), "Costing Labour Turnover Through Simulation Processes: A Tool For Management", Personnel Review, Vol. 17 No. 4, pp. 29-37. https://doi.org/10.1108/eb055594