What are the four components associated with the cost of turnover?
A) Separation, vacancy, replacement, and training
B) Vacancy, legal, separation, and training
C) Replacement, separation, legal, and administrative
D) Administration, overhead, operating, and human resources
E) Overhead, operating, human resources, and communication

Question

Quizplus · Accepted Answer

The four components associated with the cost of turnover are separation (costs associated with terminating the employee), vacancy (costs associated with the position being empty), replacement (costs associated with recruiting and training a new employee), and training (costs associated with getting the new employee up to speed). Choice A is the only option that correctly lists these four components.

What Are the Four Components Associated with the Cost of Turnover