• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Turnover

  • By: James M. Vardaman
  • In: Sociology of Work: An Encyclopedia
  • Edited by: Vicki Smith
  • Subject:Organizational Psychology, Sociology of Work (general), Organizational Theory

Employee retention has been and remains a key focus in organizations. The economic impact of turnover can be quite substantial, as the cost of replacing an employee has been estimated at nearly 100 percent of the annual salary of the position. ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles