MEASURING THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON EMPLOYEE TURNOVER | Problems of Management in the 21st Century

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MEASURING THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON EMPLOYEE TURNOVER

Title	MEASURING THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON EMPLOYEE TURNOVER
Publication Type	Journal Article
Year of Publication	2012
Authors	Slavianska, V
Journal	Problems of Management in the 21st Century
Volume	4
Start Page	63-73
Date Published	July/2012
Type of Article	Original article
ISSN	2029-6932
Other Numbers	ICID: 1004154
Keywords	employee turnover, human resource management
Abstract	When employees leave the organization, whether at their own will or not, the consequences could be extremely serious. High turnover costs much, because it involves direct financial expenses for recruitment and selection, appointment, training and adaptation of the newcomers; at the same time, the indirect (hidden) costs, because of lost productivity and missed opportunities, constitute about 70–85% of all. This research was conducted in a large Bulgarian business organization with the aim to determine the impact of HRM practices on the personnel turnover, measured by the inclination to leave. There were formulated conclusions about the ability of the HRM system to retain the employees and respectively recommendations to the management of the organization. The methods of data collection included in-depth semi structured interviews with the manager of the HRM department and anonymous inquiry among 140 employees and workers. The results were subsequently processed with SPSS.
URL	http://oaji.net/articles/2014/450-1391965676.pdf
DOI	10.33225/pmc/12.04.63
Refereed Designation	Refereed
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