An overview of employee turnover models

  • Snežana Mihajlov Academy of Professional Studies South Serbia, Department of Business Studies Blace, Serbia
  • Nenad Mihajlov Academy of Professional Studies South Serbia, Department of Business Studies Blace, Serbia
Keywords: employee turnover, voluntary employee turnover, employee turnover models, employee attitudes

Abstract

Analysis of voluntary turnover, ie leaving the job is of special importance for efficient management of the outflow of employees and control of its costs in the long run. Although involuntary fluctuation is also an important aspect of overall fluctuation, it is most often not included in various research models. Willing to leave work is especially important for organizations because employees who achieve good results have more opportunities for employment outside the organization and are more likely to leave it, which is why high rates of voluntary turnover can have detrimental effects on organizational performance. Voluntary fluctuation has long captured the attention of a large number of researchers in the field of human resource management in order to identify the process that those who leave the organization go through and analyze the reasons and motives that affect employees when deciding to leave the organization. The paper will present models of fluctuation in which the basic causes of leaving the job are discovered at the individual level of analysis.

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Published
2020-06-30
How to Cite
Mihajlov S., & Mihajlov N. (2020). An overview of employee turnover models. BizInfo (Blace) Journal of Economics, Management and Informatics, 11(1), 41-52. https://doi.org/10.5937/bizinfo2001041M