TITLE

CIPD survey shows lowest rate of labour turnover in four years

PUB. DATE
January 2004
SOURCE
Management Services;Jan2004, Vol. 48 Issue 1, p5
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents information on a survey conducted by the Chartered Institute of Personnel and Development (CIPD) about labor turnover in Great Britain and Ireland. The survey shows that labor turnover for all employees stands at 16.1% in 2002. This is the lowest it has been for the past four years and compares with 18.2% in 2001 and 26.6% in 2000. This slowdown reflects somewhat sluggish economic growth--labor turnover is always at its highest when the economy is strongest and labor markets tight. Based on the survey, labor turnover in Ireland stands at 10%. The CIPD is urging organizations to calculate the true costs associated with the departure of an employee including all direct and indirect costs incurred as a result of the resignation and replacing the individual. This will mean recruitment costs, management time, the cost of induction and any training and taking into account that it will take the new incumbent some time to become fully effective in their job.
ACCESSION #
11834815

 

Related Articles

  • SPRING PARADE. Crofts, Pauline // People Management;4/6/2006, Vol. 12 Issue 7, p48 

    The article focuses on the 2006 Human Resources Department exhibition of the Chartered Institute of Personnel Development being held at the Olympia in London, England from April 4 to 6. The exhibition provides important insights from leading academics and business figures and offers information...

  • IN BRIEF.  // People Management;10/12/2000, Vol. 6 Issue 20, p9 

    Covers news briefs about personnel management in Great Britain as of October 2000. Findings of a survey on companies satisfied with the impact of human resource have on their firm's business strategy; Importance of a legislation to raise the quality of jobs; Contenders for the year's Chartered...

  • HR's early involvement in M&As is vital.  // Personnel Today;10/14/2003, p7 

    The article discusses the importance of the involvement of human resources (HR) in international mergers and acquisitions. The involvement of HR expertise, particularly in the appointment of a post-merger integration manager and team, minimizes the risks to post-merger business performance....

  • TAKING ON THE ISSUE OF AGE. Crofts, Pauline // People Management;8/9/2007, Vol. 13 Issue 16, p52 

    The article offers information on a new employment guide to be published by the Chartered Institute of Personnel and Development (CIPD) in Great Britain. The CIPD guides will focus on specific aspects of employment. Called Research Insight, the first of these examines the state of play in age...

  • CIPD REPORT.  // People Management;2/12/2009, Vol. 15 Issue 4, p45 

    The article presents an update on the Chartered Institute of Personnel and Development (CIPD) as of February 2009. A research insight entitled "Employee Engagement in Context" has been published, which featured four case studies. A CIPD forum network meeting that will discuss challenges faced by...

  • IN BRIEF.  // People Management;11/9/2000, Vol. 6 Issue 22, p13 

    Presents news briefs on human resource management in Great Britain as of November 9, 2000. Highlights of the survey conducted by Chartered Institute of Personnel and Development on the decline of manufacturing jobs; Dissatisfaction of Whitehall central government staff in London, England;...

  • When talent is a luxury. Reeves, Richard // Management Today;Aug2008, p24 

    The article offers updates on the Chartered Institute of Personnel and Development (CIPD), a professional body for people who are involved in personnel training and development in Great Britain. It highlights the appointment of its new chief executive Jackie Orme and several launches of its...

  • The road to recovery. Crofts, Pauline // People Management;12/9/2004, Vol. 10 Issue 24, p50 

    The article offers information on the guide "Recovery, Rehabilitation and Retention: Maintaining Productive Workforce," released by the Chartered Institute of Personnel & Development. The guide gives people management practitioners the guidance and tools to help them to develop and introduce...

  • INDUSTRIAL STRENGTH.  // People Management;12/29/2005, Vol. 11 Issue 25, p48 

    The article focuses on the latest Change Agenda on employee relations from the Chartered Institute of Personnel and Development of Great Britain. Managing the employment relationship remains central to good human relations practice according to the Change Agenda. As well as profiling the decline...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics