Employee Turnover Cost: Calculation & Reduction (ETC-CR) - Self Paced

Employee Turnover Cost: Calculation & Reduction (ETC-CR) - Self Paced

The Employee Turnover Cost: Calculation & Reduction Course is a training program aimed at helping organizations understand the financial impact of employee turnover and develop strategies to reduce it, including recruitment, training, and productivity losses.

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Introduction:

Turnover Cost is one of the major hidden HR cost. Lacking of Employee retention is one of the Key elements for turnover. During the last decade, employee retention has become a serious and perplexing problem for all types of organization. Managing retention and keeping the turnover rate below target and industry norms is one of the most challenging issues facing businesses. From all indications, the issue will compound in the future, even as economic conditions change.

Employee turnover continues to be one of the most unappreciated and undervalued issues facing business leaders. This stems from several important assumptions and conclusions about turnover:

All stakeholders involved in the issue, including Functional Head, Human Resource managers, underestimate the true cost of employee turnover.

The causes of turnover are not adequately identified in most organizations.

The solutions to reduce turnover are sometimes mismatched with the cause of turnover and do not generate the desired results.

Many of the preventive measures for turnover are either overkill or they often miss the mark altogether.

This workshop will help the participants to address the above issues and to introduce some probable solutions for the betterment of the organization.

Objective:

After successful completion of the program participants will be able to:

  • Have clear concept about Employee Turnover & its impact
  • Calculate fully loaded cost for Turnover
  • Take necessary steps to reduce cost
  • Reduce turnover rate
  • Increase retention rate

Modules:

M-1: Employee Turnover: the Essentials

M-2: Employee Turnover: Measures and Causes

M-3: Employee Turnover Cost: Concept, Types, Approach

M-4: Employee Turnover Cost: Calculation & Management

OT-Employee Turnover Cost Calculation & Reduction-Intro

OT-Employee Turnover Cost Calculation & Reduction-M-1

OT-Employee Turnover Cost Calculation & Reduction-M-2

OT-Employee Turnover Cost Calculation & Reduction-M-3

OT-Employee Turnover Cost Calculation & Reduction-M-4

This course is endorsed by IPAC-Singapore

  

This course is recognized by HRCI-USA, SHRM-USA for recertification points

Q: Is there any class?

A: There is no class. This is a fully online course. You can enroll anytime and can access it from anywhere.

Q: Can I use Mobile to operate the learning management system?

A: Yes, you can use mobile to operate the learning management system

Q: Is there any other fee for this course completion?

A: No, there is no other fee. The fee is all-inclusive.

Q: Is there any certificate for this course?

A: Yes, after passing the exam, you will get your electronic certificate in the portal.

Q: How can I operate the Learning Management system?

A: After enrollment, you will get access to our YouTube channel and will find a video tutorial.

Q: Is there any exam?

A: Yes, there is a multiple-choice question-based exam.

Q: If I do not pass the exam the first time, what will happen?

A: You can attempt as many times as needed to pass the exam without any further fee.

Q: How can I enroll?

A: Please click the enroll button on the course description page and follow the instructions. Make payment through visa/master card via the online portal and you will get access within 1 day.

Q: May I contact anyone for any assistance!

A: Yes, you can contact us via WhatsApp (https://wa.me/message/35CN6X536BABA1) or email info@worldacademy.uk

 

Features:
Short Video Materials: Yes
Mode of Learning: Self-Paced

Post Completion:

  • Electronic Certificate

Exam Method:

  • Number of Exams: 01
  • Number of Questions: 10 MCQ Questions
  • Duration: 10 Minutes
  • Total Marks: 20
  • Pass Mark: 50%
Length 1 week
Effort 7 hours
Live Chat Enabled
Regular Fee $ 30.00
Special Fee $ 15.00
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