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The true cost of labor turnover
Author(s) -
Zimmerer Thomas
Publication year - 1971
Publication title -
human resource management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.888
H-Index - 94
eISSN - 1099-050X
pISSN - 0090-4848
DOI - 10.1002/hrm.3930100203
Subject(s) - turnover , labor cost , labour economics , economics , business , microeconomics , operations management , management , engineering , mechanical engineering
Managers can analyze the true cost of their labor turnover with the help of these six formulas, and thereby rationally compute trade‐off solutions between programs designed to reduce labor turnover and the true cost of labor turnover.