Ready-to-use-simulation: THE HIDDEN COSTS OF EMPLOYEE TURNOVER

Andrew N. Garman, Josie Corbett, Jane Grady and Julie Benesh
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Andrew N. Garman: Rush University, Andy_N_Garman@rush.edu
Josie Corbett: Rush University
Jane Grady: Rush University
Julie Benesh: Rush University

Simulation & Gaming, 2005, vol. 36, issue 2, 274-281

Abstract: Although the costs of employee turnover to organizations are often substantial, the centralized nature of the recruiting function can make these costs difficult to recognize. THE HIDDEN COSTS OF EMPLOYEE TURNOVER helps participants understand these costs, including temporary labor, recruiting, training, and the “learning curve.†Participants form consulting teams whose job is to most accurately guess the organizational costs of turnover; the facilitator or facilitators are organizational representatives with prespecified information to provide, if asked. The exercise provides a strong platform for introducing a variety of human resource management topics.

Keywords: competitive team games; employee turnover; human resource management; HR costing and accounting; recruiting (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:sae:simgam:v:36:y:2005:i:2:p:274-281

DOI: 10.1177/1046878104273254

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