Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
Section: Chapter Questions
Problem 1ED: When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so...
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Aa.59.

 

break-down:
Total employees: 243
Line managers: 10
Supervisors: 20
Administrative staff: 8
Production workers: 205
During last year, three line managers resigned, two
supervisors left to work for DuPont, and three were fired.
Three members of the administrative staff were pregnant;
one of the three resigned. Regarding your production
workforce, 21 are not working for your unit anymore. Of
those, six were fired, two died, and four retired. Of the
remaining, five transferred to another unit within Reynolds
and four resigned. Of the ones that resigned, two left for
other jobs in the Richmond area, one moved to Minnesota to
get married, and one went back to VCU to get her MBA.
You are very concerned about turnover.
Assuming the average salary is $65,000, what is the total cost
of turnover?
Transcribed Image Text:break-down: Total employees: 243 Line managers: 10 Supervisors: 20 Administrative staff: 8 Production workers: 205 During last year, three line managers resigned, two supervisors left to work for DuPont, and three were fired. Three members of the administrative staff were pregnant; one of the three resigned. Regarding your production workforce, 21 are not working for your unit anymore. Of those, six were fired, two died, and four retired. Of the remaining, five transferred to another unit within Reynolds and four resigned. Of the ones that resigned, two left for other jobs in the Richmond area, one moved to Minnesota to get married, and one went back to VCU to get her MBA. You are very concerned about turnover. Assuming the average salary is $65,000, what is the total cost of turnover?
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