Manage turnover

Article Abstract:

Successfully managing turnover of employees can be challenging for personnel professionals, but developing a turnover plan can help a firm predict and control employee turnover. Steps in the plan include: assessing present personnel needs; predicting future needs; and constructing survival curves. It is also critical that the plan be monitored, and one way to do this is to conduct a 'hurt' analysis which involves: ranking employees based on their organizational value; dividing the report into quartiles; and developing hurt factors for each quartile. The hurt factor requires managers to analyze turnover records as a whole and to determine economic values for employees when managing turnover rates, instead of relying on subjective data.

Management, Employee turnover

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Computers put new punch in time clocks

Article Abstract:

Computerized time-management systems give personnel managers increased benefits over the old time clock systems. Computerized systems enable workers to check in or out using identification cards which are machine-readable. The system can quickly generate information such as giving a supervisor a summary of everyone absent on a particular shift. The advantages of computerized time recording systems are that they reduce errors, save time, and conserve money in payroll processing.

Innovations, Time management, Time clocks

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