THE RELATIONSHIP BETWEEN EMPLOYEE TURNOVER AND PRODUCTIVITY IN THE ORGANIZATION

Authors

  • M. Dinkov Tsenov Academy of Economics, Svishtov, Bulgaria

DOI:

https://doi.org/10.31498/2225-6725.30.2015.74175

Keywords:

turnover, organization, personnel, workplace, job satisfaction, organizational commitment, productivity, efficiency

Abstract

The analysis in this article is aimed at employee turnover, which, despite not being a new concept, is a major problem in the management of human resources and has drawn the attention of a number of practicians and researchers worldwide. Keeping its employees is one of the most significant problems for every organization. The market itself creates obstacles in finding qualified and motivated specialists and managers; once found, their loss is even more critical for the organization. Finding a formula for solving the problem is a difficult task which has no simple answer, as well as most processes in personnel management, but the solution most probably goes through changing the attitude to it: from being a significant budget cost to becoming the most important productive resource for the organization. Bearing in mind this point of view, the research does not focus on empirical data for measuring turnover; rather it aims at revealing its characteristics and influence on employee productivity in the organization.

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Published

2015-09-03

How to Cite

Dinkov, M. (2015). THE RELATIONSHIP BETWEEN EMPLOYEE TURNOVER AND PRODUCTIVITY IN THE ORGANIZATION. REPORTER OF THE PRIAZOVSKYI STATE TECHNICAL UNIVERSITY Section: Economic Sciences, (30), 92–96. https://doi.org/10.31498/2225-6725.30.2015.74175