Labour Turnover -
Labour turnover: the proportion of employees leaving a business over a period of time - usually a year. It is seen as a percentage.
Number leaving a business over a given period / average number employed over a given period
Causes of high labour turnover -
- Ineffective leadership and management techniques
- poor communications
- low wadges/salary
- boring and unchallenging
- poor work conditions
- better jobs available
Problems of high labour turnover -
- high recruitment and selection costs
- high induction and training costs
- loss of essential skills
- low morale
Absenteeism - The proportion of employees not at work on a given day.
Total no. of days lost due to absence during the year / (Total no. of days that could have been worked x no. of employees)
Causes of absenteeism -
- High levels often indicate demotivation, low morale, low commitment, poor management and communication. Often it is genuine illness.
- Top causes of absenteeism include stress (41.5%)
- Problems include - cost of covering the worker, reduced output, missed deadlines, poor reputation.
Heath & Safety absenteeism -
Rate of absenteeism lost for h&s reasons
No. of working days lost for health and sefety reasons / (the no. of days possibly could have worked x no. of employees )