Summary
Contents
Subject index
Key Concepts in Human Resources Management is an essential guide to the theories and issues that define the field - from the critical debates to the more practical considerations that every student should be aware of.52 short entries will serve to orientate the student round the need-to-know essentials. Entries will include Employment Tribunals, Benefits, Corporate Social Responsibility, Discipline and Grievance, Control, Employee relations, Incentive schemes, Motivation, Organizational culture, Strategic HRM, Victimisation.A range of relevant HR applications will be given for each term.A selection of recommended readings are suggested for each entry.
Labour Turnover
Labour Turnover
A term used to describe the number or percentage of employees who have left, had their employment terminated, been made redundant, died or retired during a specified period of time. There are usually separate indices calculated for each of the main categories of separation.
The simplest measure of labour turnover is:
In its most basic form the figures used represent the total numbers who left in the period (usually one year) and so the figure produced does not differentiate between voluntary and involuntary separation. However, many organisations use that basic measure and so it allows for a comparability (benchmarking) between various indices and organisations. It is also possible to produce separate measures of particular categories of leaver such as those who left voluntarily in ...
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