The Determinants of Personnel Turnover Costs and Accession Requirements - a Steady-State Model
Published Date: June 1, 1974
A model is developed which can be used to estimate changes in labor turnover costs that will result from changes in a host of behavioral and other parameters; any voluntary re-enlistment rate (first term, second term); any involuntary loss rate (during the first year, second year); lengths of boot camp and 'A' school training; pupil-teacher ratios in boot camp and in 'A' schools; duration of on-the-job training, etc. Once various parameter values have been specified, calculations can be carried out in a matter of minutes on a hand calculator. An important limitation of the model is its 'steady-state' character.
