What labor markets should be considered

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Reference no: EM132086901

1. As the HR manager you have been asked to provide the senior management team with turnover costs for one high turnover position. Using textbook or available online resources, calculate turnover and analyze the variables involved. Also, identify any other data that might be relevant. Finally, how have you observed/felt the ramifications of turnover in your workplace/former workplace?

The position is: Machine operator

Number of turnovers (people who left): 85

Average wage: $11.50/hour

Number of employees: 250

Cost of benefits : 33%

2. What labor markets should be considered when recuiting to fill an opening for a housekeeping staff at a local hospital?

3. What labor markets should be considered for staffing the chief surgeon for the local hospital?

4. If you became the new manager at a restaurant with high employee turnover, what actions would you take to increase retention of employees?

Reference no: EM132086901

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