Table 2 |
|
|
Potential Organisational Costs and Benefits of Staff Turnover |
|
|
Costs |
Benefits |
|
|
|
|
Loss of Experienced staff |
'New Blood' |
|
- Lost Knowledge |
- New Knowledge |
|
- Decreased Morale |
- Improve Morale |
|
Constraint on Quality/Level of Service |
Allows Career Progression |
|
Separation Costs |
Increase in Organisation Flexibility: e.g. skill mix change |
|
Temporary Replacement Costs |
Opportunity for Cost Reduction/Consolidation |
|
Recruitment Costs |
Decrease in other 'Withdrawal' Behaviour eg Absenteeism |
|
Induction/Training Costs |
|
|
|
|
|
Source: adapted from (3) |
|
|
Buchan Human Resources for Health 2010 8:29 doi:10.1186/1478-4491-8-29 |
|