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Reduce Factory Turnover
Author(s) -
Bolanovich D. J.
Publication year - 1948
Publication title -
personnel psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 6.076
H-Index - 142
eISSN - 1744-6570
pISSN - 0031-5826
DOI - 10.1111/j.1744-6570.1948.tb01296.x
Subject(s) - factory (object oriented programming) , turnover , psychology , inventory turnover , operations management , turnover intention , operations research , management , social psychology , business , economics , engineering , computer science , finance , job satisfaction , stock exchange , programming language
S ummary T he problem of high turnover during the first few months of employment is frequently serious and costly. In the factory studied, 22% of one group of 212 hired had left by the end of the first month, 35% by the end of the second month and less than half were on the rolls by the end of the sixth month. Use of an interest inventory enabled the reduction of first‐month turnover from 22% to 7.5%; six‐month turnover could be cut from 54% to 31%. The interest inventory was specifically designed for its purpose and the scoring key developed experimentally. Trial has shown that the interest inventory and scoring weights are effective in reducing early turnover, not only in the factory in which they were developed, but also in another factory in a different section of the country. It is particularly worth noting that the scoring weights which actually distinguished the early quits from the continuing workers were radically different from those which would have been set on the basis of “informed judgment”.