3.6 Decision Making to Improve Human Resource Performance AQA A-Level Business Revision Playlist - Labour Turnover | A-Level, IB & BTEC Business
Master HR Dynamics: Boost Your Business Acumen with Expert Insights into Motivation, Productivity, and HR Management Strategies!
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12 learners
What you'll learn
Understand and differentiate between soft and hard approaches to HRM
Analyze factors influencing labor turnover and its impact on business
Explore motivational theories including Maslow, Herzberg, and Taylor
Evaluate financial and non-financial motivation methods for enhancing productivity
This video introduces and explains the concept of labour (or staff) turnover and illustrates how the labour turnover ratio is calculated.
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VIDEO CHAPTERS
0:00 Introduction
0:15 Key Measures of HR Performance
1:06 Employee Retention
2:09 What is Labour Turnover?
2:40 Labour Turnover Formula
3:03 Labour Turnover Example
4:25 Problems of High Staff Turnover
5:47 Factors that Affect Staff Turnover (2)
8:38 Ways to Improve Staff Turnover
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