GM 563 Week 6 Discussion

GM 563 Week 6 Discussion | Franklin Pierce University | Assignment Help 

Discussion 6.1

Unit 6 Discussion 1 Topic: HR Planning

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As the HR Manager, you must provide the senior management team with turnover costs for the following high-turnover problem.

    Position: Machine operator

    Number of employee: 250

    Number of turnovers: 85

    Average wage: $11.50/hour

    Cost of benefits: 35% of payroll

Discuss your answers to the following questions:

   1. What is the turnover cost for this role (see your book for details)

   2. User resources such as www.talentkeepers.com   and SHRM publication on Retaining Talent , to analyze the variables involved managing and preventing turnover.

       What other data that might be relevant  to identify the cause of turnover and then discuss how you would reduce turnover.

  3. Do you have turnover issues in your organization? Share them with your team and discuss potential solutions.