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BNET Business Dictionary
- Turnover
- The total of value transactions in a specific period, either for the stock market as a whole or for a specific company
- Turnover definition on BNET »
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- How Best Buy Slays the Turnover Beast
- Turnover at Best Buy fell eight percentage points to 60 percent last year, according to the company's recent earnings call. "The improvements in turnover were nationwide and at all levels ... and the most encouraging aspect of this progress is that these results came from specific, locally created strategies," said...
- Blog posts 2008-04-16
- Study Shows Decline in Australian CEO Turnover
- The paper begins with the fact that performance-related departures slightly higher, tenure significantly shorter than global average; succession planning emerging as critical issue. The study finds that overall CEO turnover in Australia - for reasons of performance, merger activity or normal transition - is still significantly higher than the global...
- White papers
- Finders Keepers: Turnover Is Expensive, Lowering It Doesn't Have to Be
- Companies that experience high rates of employee turnover will likely find that it's not salary issues that cause workers to walk out the door. Instead, employees are looking for benefits, training, and flexibility. Not only do employers suffer lower productivity when there is a high turnover rate, but it's also...
- White papers 2006-02-15
- The Turnover Myth
- Minimizing churn has long been an article of faith for many workforce executives, but others actively manage turnover for maximum financial return. They drive it up when it is too low, push it down when it is too high, and understand its true costs and benefits. Like many workforce trends,...
- White papers 2005-06-01
- Turning Over Turnover
- This paper applies a methodology of for decomposing large panel data into systematic and idiosyncratic components to both returns and turnover. Combining the methodology with a generalized-least-squares-based principal components procedure, the paper demonstrates that this approach works well for both returns and turnover despite the presence of severe heteroscedasticity and...
- White papers 2004-11-01
- Market-Wide Impact Of The Disposition Effect: Evidence From IPO Trading Volume
- The author studies empirically the market-wide importance of investors' reluctance to realize losses by investigating IPO (Initial Public Offering) trading volume. In IPOs all initial investors have a common purchase price, and the disposition effect should thus be at its strongest. Turnover is significantly lower for negative initial return IPOs...
- White papers 2003-10-16
- The Right Way to Measure Turnover
- When the economy turns around next year, retention will almost instantly go from being a non-issue to a major issue. Hence, it is recommend that senior HR manager immediately revisit and rethink the way they report turnover. Simply reporting turnover as a percentage of the workforce hides the truth. The...
- White papers 2003-10-06
- Voluntary Turnover And Job Performance: Curvilinearity And The Moderating Influences Of Salary Growth, Promotions, And Labor Demand
- This study investigates the relation between job performance and voluntary employee turnover and it says that turnover is higher for low and high performers than it is for average performers. A utility analysis indicated that the benefits of paying high performers according to their performance more than offset the costs...
- White papers 2003-01-01
- Interpreting Turnover
- From the executive summary: ‘The method for assessing performance differences is as important to the organization to ensure fair compensation and sound organizational planning as it is to individual employees and the supervisors. The assessment can be depicted in the form of overall turnover of the company. With improved measurement...
- White papers 2003-01-01
- New Recruits Gone Bad: Tips to Minimize Costly Hiring Mistakes
- Employee turnover is expensive and hiring the right employee is one of the most important decisions a manager makes. The financial loss from a bad hire can be considerable, as the total cost of employee turnover is typically one year's salary, and for some occupations, can be in excess of...
- White papers 2003-01-01
- If People Don't Want to Work for You, Nobody's Gonna Stop'em
- From the executive summary: ‘Researches suggest that what employers offer is often the inverse of what employees want. The reason behind the aforesaid scenario is that employers look at this as a turnover problem. Turnover is viewed as a facts and figures number problem. Hence, the management tries to fix...
- White papers 2003-01-01
- Exit Interviews – Get the Real Reasons for Employee Resignations
- Exit interviews are an effective way to ascertain the REAL reasons employees change jobs. During the exiting process, the employees may feel a little more comfortable in being frank and forthright in their opinions regarding the recruitment practices, supervision, pay, benefits, treatment, promotional opportunities and other aspects of their work...
- White papers 2003-01-05
- Build Sustainable Quality Into Your Telephone Call Center
- High turnover is a fact of life in telephone call centers, so most quality initiatives have short life spans. New people arrive, and the culture of call quality begins to slip. But it is possible to implement long-term programs that build sustainable quality into your telephone call center. So this...
- White papers 2003-01-01
- Turnover, Layoffs and Buyouts
- It has been seen that turnover is not always bad. There is an optimal “mix” of experience for this. The firm should lay off for young workers with little investment and also older workers where high productivity is in the past. However, there are some issues relating to this. Some...
- Presentations 2002-12-01
- Turnover's Relationships With Sales, Tips and Service Across Restaurants in a Chain
- This study uses restaurant level data from a casual-dining restaurant chain in the Midwestern United States to examine turnover's relationships with sales, tips, and service. Turnover was negatively correlated with sales and service among high volume restaurants but not among low volume restaurants. Interestingly, the opposite pattern was observed for...
- White papers 2002-05-06
- Turnover Prediction Mapping
- The Human Resource Department doesn’t have to have a crystal ball to predict future turnover. If they conduct both employee satisfaction surveys and exit interviews, they can create a customized map that tells you exactly which areas within your organization can expect future turnover and what the cause of that...
- White papers 2002-01-01
- Fresh Ideas For Retaining Employees
- Researches indicate that turnover proves to be highly profitable to companies. However, experts suggest that employee retention is more important than turnover. If a company fails to retain its employee, it will probably lose its credibility in the market. In addition, turnover rates are precise and tend to overlook important...
- Presentations 2001-10-16
- Fund Returns and Trading Expenses: Evidence on the Value of Active Fund Management
- The relation between mutual fund returns and trading expenses provides a powerful test of the value of active management, however, the empirical evidence on this relation is mixed. It argues that the inconsistent evidence stems from the use of turnover as a proxy for trading expenses. Turnover captures the frequency...
- White papers 2001-10-15
- Fund Returns and Trading Expenses: Evidence on the Value of Active Fund Management
- The relation between mutual fund returns and trading expenses provides a powerful test of the value of active management, however, the empirical evidence on this relation is mixed. It is argue that the inconsistent evidence stems from the use of turnover as a proxy for trading expenses. Turnover captures the...
- White papers 2001-09-01
- Case Study: Tropical International
- In early 1997, Tropical Sportswear International (TSI) had a very high turnover in employees . The human resources department decided to ask its employees the reason for the turnover and distributed a survey. Human resources calculated its costs of turnover by adding up recruiters' time, out-of-pocket expenses (background checks, drug...
- Case studies 2001-01-01
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