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high labour turnover Tagged Articles
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Determinants of Enterprise Training: What are the Training Constraints?
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| Enterprise Surveys have shown that large variances in training incidence exist
across firms. A natural question then is why do certain firms invest more in training and
others do not. There is a certain amount of cross-country and individual country evidence
in the literature to identify why this is the case. |
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Other high labour turnover Related Articles
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The Perfect Fit
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| Have you looked at your selection processes recently? What is your staff turnover like?
“Let's assume the average salary of employees in a given company is $50,000 per year. Taking the cost of turnover at 150% of salary, the cost of turnover is then $75,000 per employee who leaves the company. For the mid-sized company of 1,000 employees who has a 10% annual rate of turnover, the annual cost of turnover is $7.5 million!” *
So how do you go about ensuring you select the right staff, who will fit well with your organisation, and who will stay with you?
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5.2 Is it factor accumulation or total factor productivity that drives growth in Africa?: Economic Report on Africa 2007
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| To investigate the link between growth and diversification, it was important to
first quantify the contribution of TFP to economic growth. This section analyses
the sources of growth for African countries using the standard growth accounting
method, making it possible to disaggregate the shares of growth contributed by TFP,
capital and labour. Growth in output is the sum of the growth in capital, labour
and TFP. Capital accumulation is an essential element in the growth process, as it
enlarges the economy’s capacity to produce. Increases in labour or labour force have
traditionally been considered a positive factor in stimulating economic growth. |
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5.5 The HIV/AIDS threat: Working Out of Poverty
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| Over 25 million workers are infected with HIV/AIDS, and millions
more affected by the pandemic. The ILO has calculated that the size of the
labour force in high-prevalence countries will be between 10 and 30 per cent
smaller by 2020 than it would have been without the effect of HIV/AIDS,
which poses a serious threat to economic growth and development prospects.
Macroeconomic performance is undermined by rising labour costs
associated with the pandemic, through skills shortages, sickness and absenteeism
and reduced productivity and economic competitiveness, resulting in
a shrinking tax base, less foreign investment and fewer jobs. |
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4.2.1 The gendered nature of poverty
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| Over two thirds of those living in absolute poverty are women (UNDP, 1998). As noted earlier, women are very heavily concentrated in the most marginal survival enterprises (often working at home) and in wage employment in secondary labour markets that are characterised by low skills and high turnover. In Sub-Saharan Africa, they also undertake the bulk of agricultural production. The 'training crisis' is, therefore, overwhelmingly linked to the economic and social vulnerability of women and particularly the multiple constraints that prevent them from exploiting training opportunities. |
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Turnover, what does it cost?
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| Reducing turnover is a critical step in improving your resiliance during tough economic times. However, Retducing turnover isn't enough, you must retain the right employees. This is the first section in a four part white paper on reducing employee turnover. |
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How to Attract and Keep Productive Employees
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| It's been shown time after time that there is a high positive correlation between employee commitment/productivity and reduced turnover. A stable, low turnover work force produces significantly more. All the secrets are revealed here. |
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EMPLOYMENT LAW INDIA
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| The object of the employment laws in India is social welfare legislation protecting the employees, protecting their contentment and regulates situation of crisis. India adopted the the core labour standards of ILO for welfare of workers and to protect their interests. India has enacted a number of labour laws addressing various issues such as resolution of industrial disputes, working conditions, labour compensation, insurance, child labour, equal remuneration etc. Labour is a subject in the concurrent list of the Indian Constitution and is therefore in the jurisdiction of both central and state governments. Both central and state governments have enacted laws on labour issues. Central laws grant powers to officers under central government in some cases and to the officers of the state governments in some cases. |
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Employment Labour Law India
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| The object of the employment laws in India is social welfare legislation protecting the employees, protecting their contentment and regulates situation of crisis. India adopted the the core labour standards of ILO for welfare of workers and to protect their interests. India has enacted a number of labour laws addressing various issues such as resolution of industrial disputes, working conditions, labour compensation, insurance, child labour, equal remuneration etc. Labour is a subject in the concurrent list of the Indian Constitution and is therefore in the jurisdiction of both central and state governments. Both central and state governments have enacted laws on labour issues. Central laws grant powers to officers under central government in some cases and to the officers of the state governments in some cases. |
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Employee Turnover - What is it costing you?
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| In today's economy it is more important than ever to avoid turnover. Turnover is extremely costly. These are the factors you need to consider when estimating what the bottom line is when it comes to calculating turnover. |
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10 Keys for Reducing Turnover
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| One of the most daunting problems in any organization is turnover. It can cost a business millions of dollars a year and is incredibly disruptive. Reducing turnover should be a high priority activity for every organization, and it is not hard to figure out ways to do it.
1. Develop People
2. Recognize Good Performance
3. Build Trust
4. Reduce Boredom
5. Communicate More
6. Cross Train
7. Don't Overtax
8. Keep it Light
9. Feedback Performance
10. Train Leaders
The following article describes some of the reasons why these steps can help cut down turnover significantly.
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