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Deconstructing Turnover

Topic:
Deconstructing Turnover
Date:
January 29, 2013 at 3:00 - 4:00 PM ET
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Description
With the cost of turnover estimated between one-half and two times the annual salary of the leaving employee, taking steps to mitigate turnover should be at the forefront of every Human Resources Department’s mindset. This session will take a deep look at the issue of turnover.

The session will begin with a discussion regarding why it is so important to minimize turnover, focusing on the incredible expense of organization. Next, we will discuss the most accepted way of calculating turnover rates, while offering benchmarked numbers for comparison. Once an understanding of turnover rates is achieved, the focus will turn to estimating the cost of turnover, with the ultimate objective of being able to estimate the overall cost of turnover to the organization for a specific position, or the organization as a whole.

With a firm grasp on how important turnover is to an organization, the focus will shift to understanding the causes of research. We will discuss research findings that help to paint a picture about the true causes of turnover; it isn’t all about money! This section will focus on two different research approaches that have yielded similar results, academic journals and business research reports. We will also discuss some very interesting research findings related to “shocks” are pre-cursors to turnover.

Finally, we will focus on how turnover can be prevented, now that we have a better understanding of the causes of turnover. In this section, we will tackle each of the primary causes of turnover, mentioned earlier in the session, and discuss how those causes can be mitigated.
Who Should Participate
  • Recruiters, Managers, Directors, VPs, etc., responsible for HR, Staffing, and Talent Acquisition.
  • Those interested in learning how to prevent turnover.
  • Business leaders.
Extra Learning Material

All Registered HR.com members are also eligible for:

  1. A copy of the slides presented in this presentation. These are available before and after the presentation.
  2. A Real Media file of the presentation. This file can be downloaded to your iPod or MP3 player after the presentation.
  3. Access to more than 400 podcasts with HR Gurus and Industry Leaders (downloadable files available 24 hours after the live broadcast) as well as access to our blogs, polls, surveys, 25,000+ article library, Business Book Reviews and so much more!
Recommended Resources
  • 2011 quit rates - Bureau of Labor Statistics January Report
  • SHRM’s turnover cost calculator (and other resources)
  • Gallup turnover survey
  • Price-WaterhouseCoopers turnover survey presented in: 7 Hidden Reasons Employees Leave by Leigh Branham
  • A meta-analysis of antecedents and correlates of Employee Turnover: Update, moderator tests, and research implication for the next millennium (IN: Journal of Management) – By Griffeth, Hom, Gaertner (2000)
  • Shocks as causes of turnover: What they are and how organizations can manage them (IN: Human Resource Management) – By Holtom, Mitchell, Lee, Inderrieden (2005)
Categories
Human Resources Management
Staffing and Recruitment
Leadership
The HR Practitioner
Quality of Hire
What You Will Learn
Attend this webcast and learn:
  • Why minimizing turnover is so important
  • How to calculate turnover rates
  • How to calculate the cost of turnover
  • The cause of turnover, based on many research studies
  • How to prevent turnover
Sponsored by
DeGarmo Group
DeGarmo Group
DeGarmo Group provides its clients with web-based HR testing and training services that support their talent acquisition and employee development processes. We limit our service provision to these areas to ensure that our focus aligns with our core o
Presented by
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speaker spacer
David Daly
DeGarmo Group

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Who is Eligible

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Documents

Feedback
Name Comment Rating
Image of LeAnne Schaper LeAnne Schaper
First National Bank of St. Louis
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
Image of Erin Hartman Erin Hartman
Elwood Staffing
3 / 5
Good Presentation
Image of Betsy Good Betsy Good
Texas Windstorm Association
3 / 5
Good Presentation
Image of Ronda Katzman Ronda Katzman
Courtemanche & Associates
5 / 5
Excellent Presentation
Image of Colleen Dineen Colleen Dineen
Self Employed
4 / 5
Very Good Presentation
Image of Paula Smith, PHR, FCS Paula Smith, PHR, FCS
Stanley Hunt Dupree & Rhine
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of VERONICA BINNS VERONICA BINNS
Kinder Morgan Inc
3 / 5
Good Presentation
Image of Garret Lee Garret Lee
Great-West Life
5 / 5
Excellent Presentation
Image of Hope Dexter Hope Dexter
Seacoast Utility Authority
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Lorrie Watts Lorrie Watts
Arkansas Support Network
4 / 5
Very Good Presentation
3 / 5
Good Presentation
Image of Liz Schoofs Liz Schoofs
Boulder Community Hospital
5 / 5
Excellent Presentation
Image of Thomas Dieringer Thomas Dieringer
textlinkbrokers.com
3 / 5
Good Presentation
Image of Stacy Tate Stacy Tate
Volt Workforce Solutions
3 / 5
Good Presentation
Image of Angela Scott Angela Scott
Medline Industries Inc
4 / 5
Very Good Presentation
Image of Stefanie  Gassner Stefanie Gassner
WEGMANS FOOD MARKETS INC
5 / 5
Excellent Presentation
Image of Tina Pringpuangkeo Tina Pringpuangkeo
Wingspan Care Group
4 / 5
Very Good Presentation
Image of Julia Peter Julia Peter
HR Creations LLC
4 / 5
Very Good Presentation
Image of Andrea Soo Andrea Soo
Computer Sciences Corporation (CSC)
4 / 5
Very Good Presentation
Image of Jennifer Eames Jennifer Eames
National Office Furniture
4 / 5
Very Good Presentation
Image of Molly Lukes Molly Lukes
Vetted International, Ltd.
3 / 5
Good Presentation
Image of Michelle Urchek Michelle Urchek
Time Warner Inc.
3 / 5
Good Presentation
Image of Robyn Streeval Robyn Streeval
Elwood Staffing
3 / 5
Good Presentation
Image of Whitney Barrett Whitney Barrett
Elwood Staffing
4 / 5
Very Good Presentation
Image of Donna DeRoche Donna DeRoche
MFA- Moody, Famiglietti & Andronico
4 / 5
Very Good Presentation
Image of Caroline Meilleur Caroline Meilleur
Groupe Fruits & Passion
3 / 5
Good Presentation
Image of Melody Matthews, SPHR Melody Matthews, SPHR
Community Colleges Of Spokane
4 / 5
Very Good Presentation
Image of Ashton Smith Ashton Smith
Conversion Technologies International
5 / 5
Excellent Presentation
Image of Nick Bakios Nick Bakios
Darden Restaurants Inc.
5 / 5
Excellent Presentation
Image of Georgianne Douglas Georgianne Douglas
Cb Richard Ellis Inc
4 / 5
Very Good Presentation
Image of Natasha Evans Natasha Evans
UF & Shands Jacksonville Healthcare
4 / 5
Very Good Presentation
Image of Cindy Cavanagh Cindy Cavanagh
Mitel Canada
4 / 5
Very Good Presentation
Image of Melissa Ackerman Melissa Ackerman
Meijer, Inc.
3 / 5
Good Presentation
Image of Yelenia Almarales, MPA, SPHR Yelenia Almarales, MPA, SPHR
Florida International University
4 / 5
Very Good Presentation
Image of Katie Danon Katie Danon
Lippincott
5 / 5
Excellent Presentation
Image of David Gaull David Gaull
Scotiabank
4 / 5
Very Good Presentation
Image of Sarah Hershberger Sarah Hershberger
Elwood Staffing
4 / 5
Very Good Presentation
Image of Kelly Donahue, SPHR Kelly Donahue, SPHR
Catholic Diocese of Wilmington
5 / 5
Excellent Presentation
Image of Sarah Webster Sarah Webster
ActioNet Inc
5 / 5
Excellent Presentation
Image of Carrie Hille Carrie Hille
Uptown Dining Group
3 / 5
Good Presentation
Image of John DeKlavon John DeKlavon
BlueCross BlueShield of Tennessee, Inc.
4 / 5
Very Good Presentation
Image of forrest flinn forrest flinn
Powersports Management Concepts
5 / 5
Excellent Presentation
Image of J Hock J Hock
Daiichi Sankyo, Inc.
4 / 5
Very Good Presentation
Image of Rachel Leary Rachel Leary
Dragados USA, Inc.
3 / 5
Good Presentation
Image of Jill Slaughter Jill Slaughter
Interbake Foods
4 / 5
Very Good Presentation
Image of Stephanie Angelo, SPHR Stephanie Angelo, SPHR
Human Resource Essential, LLC
3 / 5
Good Presentation
Image of Kathy Muzik Kathy Muzik
Champro Sports
5 / 5
Excellent Presentation
Image of Bryan Peek Bryan Peek
Zale Corporation
3 / 5
Good Presentation
Image of Vicki Costello Vicki Costello
University Of South Florida Physician Group
4 / 5
Very Good Presentation
Image of Tevin Brown Tevin Brown
Novant Health
Awesome presentation overall! 4 / 5
Very Good Presentation
Image of Beth (Schmidt) Gregory Beth (Schmidt) Gregory
WhiteWave Foods Company
can you share a copy of the presentation? 4 / 5
Very Good Presentation
Image of Marty Shoemaker Marty Shoemaker
Precision Human Development
Dave I would like to discuss a business idea with you. I am president of a company in Canada and would like to discuss a need we have. 4 / 5
Very Good Presentation
Image of Darcia Perini Darcia Perini
IES Commercial, Inc.
David Daly was a focused organized professional speaker - constant even flow throughout presentation - didn't have to back pedal to see what was being referenced. I like your stype of presentation and your skills utilized. Thank you! 5 / 5
Excellent Presentation
Image of Vinyard Starla Vinyard Starla
PetSmart, Inc.
David did a very nice job. He was clear and confident. 4 / 5
Very Good Presentation
Image of Mark Pankoke Mark Pankoke
Madonna Rehab. Hospital
I was hoping for new information the information presented was well done. 3 / 5
Good Presentation
Image of Deborah Aceto Deborah Aceto
Montgomery College
Speaker left no time for questions. Sometimes it is helpful to hear others' questions and the speaker's answer. 4 / 5
Very Good Presentation
Image of Alice Norris Alice Norris
Sterling Savings Bank
The presentation took the entire hour - so questions were not addressed; would have been helpful to hear others questions and answers; unless the presenter puts together a Questions/Answers document and sends to all participants. 3 / 5
Good Presentation
Image of Tamara James Tamara James
Department Of Workforce
This is great and necessary information for companies truly to zoom in on the importance of retaining top talent and working not to ignore their significance and how much it will cost the company to loose them unnecessarily (affects knowledge development as well as the bottom line). 4 / 5
Very Good Presentation
Image of Miriam Berger Miriam Berger
A Hire Authority

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