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I'm plotting the number of resignations per month in our company and I was wondering if there is a rate or frequency that would be cause for alarm? What would be the rate so that the HR and the Management should be alarmed?

2007-10-15 17:53:52 · 3 answers · asked by entirelyofpossibility 1 in Business & Finance Corporations

3 answers

Depends on the jobs, fast food and other entry level jobs might turn over every 2-3 months but in a well paid stable job people may never leave. In my company I have been there 5 years and am the next to newest, people retire but only one has quit not retired.

2007-10-15 17:56:04 · answer #1 · answered by shipwreck 7 · 0 0

In any company, the expense of training personnel ranks high in operating costs. Resignations are a strong signal to look at the effectiveness of HR programs and policies in preparing and retaining personnel. Reasons for resignations are plentiful and it is this, reasons for resignations, that HR plays an integral role. An effective HR department can promote retention of well trained staff by offering educational and other continued growth generating programs and salary/bonus grids of industry competitive rates. Satisfied, challenged and operationally inclusive employees solidify and grow a company and loss of such employees in any amount signals danger and should be analyzed in exit interviews and annual employee assessment sessions.

2007-10-19 15:05:29 · answer #2 · answered by MICHAEL L 2 · 0 0

Your question is too broad. In some companies, they have a notoriously high resignation rate and some very low. You have to compare your companies record against it's own previous records, or a comparable companies record. Like you could compare Mcdonalds against Wendy's, but it would not be accurate to compare it to Wal-mart.

2007-10-15 18:05:39 · answer #3 · answered by sbyldy 5 · 0 0

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