Changes in Staff Turnover

  • Rate at which employees leave a business
  • High staff turnover caused by voluntary separation is indicative of poor employment relations within a business.
  • Reasons for leaving include:
    • Another employment opportunity
    • Retiring
    • Retrenched
    • Misconduct
  • Employees choosing to leave are expensive. Costs include:
    • Leave entitlements for employee
    • Recruitment including an advertisement, selection process and training
    • Loss of experience, skills and knowledge
  • Reasons for leaving usually relate to dissatisfaction with:
    • Culture of the business
    • Management styles
    • Lack of acknowledgement
    • Lack of input

Extract from Business Studies Stage 6 Syllabus. © 2010 Board of Studies NSW.