Reference no: EM132400013
Staffing Turnover
According to recent reports produced by the Council of Saudi Chambers, healthcare turnover is on the rise within the Kingdom of Saudi Arabia. Nurses and physicians are leaving the Kingdom to Western countries in search of higher pay and better training facilities.
Based on this module's reading, interactive lecture, and research, you will develop a written paper addressing the financial costs associated with staffing, including costs associated with recruiting, training and turnover. You will use current research to distinguish costs associated with staffing and turnover from a quantitative standpoint. This project should include both direct and indirect costs. Which of these costs would be relevant in the staffing turnover issue from a quantitative standpoint? Use the data below to support your rationale.
Please include this information that was obtained by the finance department for the current year. Healthcare employees make 112 SAR per hour on average. They normally work 8 hours per day. Use this information to calculate retaining employees' cost. Some of the cost will not be relevant in your analysis.
Hiring New Staff (Costs = SAR): Marketing costs per employee: 19,000 Pay for relocation per employee: 19,000 Training per employee: 375,000 Nonproductive hours due to fatigue per employee during training period (current staff) per employee: 37,000
Retaining Employees:
Productive Time 260 days at 10 hours per employee
Nonproductive Time Paid Annual Leave: 21 days per employee
Spouse Death (male employee): 5 days per employee Spouse Death (female employee): 15 days per employee Marriage Leave: 5 days per employee Eid Leave: 30 days per employee (one month) Sick Leave: 30 days per employee Maternity Leave: 30 days (6 weeks) per employee Paternity Leave: 3 days per employee.
Your paper should meet the following structural requirements:
1. The paper should be 6-7 pages in length, not including the cover sheet, reference page and excel sheet.
2. Formatted according to APA writing standards.
3. Provide support for your statements with in-text citations from a minimum of four scholarly articles.
4. Two of these sources may be from the class readings, textbook, or lectures, but two must be external.
Recent reports produced by the council of saudi chambers
: According to recent reports produced by the Council of Saudi Chambers, healthcare turnover is on the rise within the Kingdom of Saudi Arabia
|
Economic times change-management styles have changed
: As economic times change, management styles have changed accordingly. New concepts and issues of management styles have been analyzed, synthesized,
|
CSCE822 Data mining Homework
: CSCE822 Data mining Homework - Deep learning application for microscopy image classification. Download sample code, and run the code, and report your training
|
Whistle-blowing-motivation-decentralization-group norms
: Pick one of the following terms for your research: Whistle-blowing, motivation, decentralization, group norms, or needs.
|
Reports produced by council saudi chambers
: According to recent reports produced by the Council of Saudi Chambers, healthcare turnover is on the rise within the Kingdom of Saudi Arabia
|
PMBA6020 Accounting for Decision Making and Control
: PMBA6020 Accounting for Decision Making and Control Assignment Help and Solution, Nanyang Business School, Singapore- Assessment Writing Service
|
CSCE 822 - Data Mining and Warehousing Assignment
: CSCE 822 - Data Mining and Warehousing Assignment Help and Solution - University of South Carolina, USA. Fill the missing values in the dataset
|
Problem - Regression using SVR or Random Forest
: Problem 2: Regression using SVR (Support vector regression) or Random Forest. Develop a regression model that can beat a theory model
|
Explain what might cause process to be out of control
: What are some patterns that would indicate that the process is out of control? Additionally explain what might cause a process to be out of control
|