In the context of turnover costs incurred by a company, vacancy costs primarily include supervisory time, pay rates to prevent separations, and exit interview time.

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Vacancy costs refer to the costs incurred by a company while a position remains vacant, such as lost productivity and overtime costs for remaining employees. Turnover costs, on the other hand, refer to the costs incurred when an employee leaves the company, including recruitment, training, and decreased productivity during the transition period. Supervisory time, pay rates to prevent separations, and exit interview time are all examples of turnover costs, not vacancy costs.

In the Context of Turnover Costs Incurred by a Company