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    Managing Employee Retention and Turnover

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    Managing Employee Retention and Turnover Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee, it is in their own best interest to retain that employee, to further develop and motivate him so that he continues to provide value to the organization. But, employers must also recognize and tend to what is in the best interest of their employees, if they intend to keep them. When a company

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    Employee Compensation and Turnover

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    Employee Compensation and Turnover Often, "an excessively high turnover rate compared to the industry standard is a symptom of problems within the organization" (Gomez-Mejia, Balkin & Cardy 1998). Managers must realize that "high staff turnover can prove costly, particularly to small businesses" (Oliver 1998). Strategies have to be crafted that will minimize turnover and the costs associated with it. Although strategies used to retain employees can be expensive, turnover is a cyclical problem that

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    Analysis of High Turnover Rate Introduction High turnover rate of minorities and female employees has become a serious issue in the United States. Even though many ethnic races form this country, male Anglo-Saxons dominate the majority of the workforce. It is not uncommon for minority and female employees to leave their company after only working for a few years. Why has this behavior become a trend? In order to stop this trend, companies must ask themselves several questions. For example, what

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    Reducing the Cost of Employee Turnover by Managing for Retention Employee turnover and the retention of valued employees are major problems facing business in the U.S. The average turnover rate is hovering at 15%. The costs associated with that turnover can be high - generally 25 percent of the individual's annual salary. Unemployment in the United States is at a 24-year low. Employee loyalty is down. Never before has it been so critical to focus on strategies for keeping good employees. However

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    2002     ACTUAL 2003     INCREASE (DECREASE)     INDUSTRY AVERAGE Current ratio     1.7     1.8     2.5     0.7     1.5 Quick Ratio     1.0     0.9     1.3     0.4     1.2 Inventory turnover (times)     5.2     5.0     5.3     0.3     10.2 Average collection period (days)     50.0     55.0     58.0     3.0     46.0 Total asset turnover (times)     1.5     1.5     1.6     0.1     2.0 Debt Ratio (%)     45.8     54.3     57.0     2.7     24.5 Times interest earned ratio     2.2     1.9     1.6     (0.3)     2

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    Terrorism and the Contract Security Market

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    up and perform the new duties we need them to perform? The truth is, the contract security field is plagued by many things that impede it's effectiveness: Pay rates are too low to attract the quality employees. Training is insufficient Turnover rates exceed 100% in many contract companies. These are just some of the problems facing the contract security field. Most of the companies manage to turn a profit by practicing the "warm body" approach. This involves recruiting anyone (which is

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    Ratio Analysis

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    commonly used ratio is the acid-test ratio, also known as the quick ratio. This ratio shows an investor how the short-term liquidity, or how quickly the company’s assets can be turned into cash.2 Inventory turnover is an important and often overlooked ratio that indicates inventory levels. A low turnover...

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    Vosper Thornycroft plc

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    Vosper Thornycroft plc Vosper Thornycroft plc are a provider of services and products for Governments and Government Agencies internationally. They employ around 10,000 people globally have had a turnover of £479,000,000 for 2002 and made 34.1million pounds in profit post tax. [IMAGE] [IMAGE] Akcros Chemicals ================ Akcros Chemicals is one of the market leaders in Polymer Additives and High Performance Polysulphide Chemicals for sealants. Akcros is part of the market-driven

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    nevertheless. • The receivables turnover is based on the assumption that all sales are credit sales. The values of receivables turnover for 2004 and 2005 are 10.21 times and 8.83 times, respectively. This means that IQ’s efficiency is considerably declining in terms of cash collection. The decrease in receivables turnover is explained by the higher increase in average net receivables (71%) than the increase in net credit sales (25%). • The inventory turnover decreased from 3.8 to 3.59. This

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    Evaluation of Johnson & Johnson Pharmaceutical Company Probability Return on Capital Employed - 34% Gross Profit Margin - 70.91% Net Profit Margin - 23.8% Liquidity Current Ratio or Current Assets Ratio - 1.71 Acid Test - 1.

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