Articles

Estimating turnover costs

Gabrielle Lis

Making the business case for best practice injury management? There are simple methods to assist you in calculating the rate and cost of staff turnover in your organisation.

Employee turnover may occur for a variety of reasons, including: Injury or illness that leads to a permanent incompatibility between a worker’s functional ability and the requirements of the role; Dissatisfaction with the working environment; The perception that there are better opportunities available elsewhere; A lack of accommodation of temporary or permanent limitation in the workplace; Low morale; and...

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