Burn And Churn McModel Is Failing
But we've had the McModel of churning turnover in place for it decades, and it turns out there are problems with it.
The headline of this piece hollers that Panera has worker turnover of 100%. But read the article and you discover that 100% employee turnover is actually pretty good in the industry. The industry standard is 130%, and some places run much higher. (That's mathematically possible if you lose workers and their replacements within one year). And--
“It’s definitely been going up,” said Rosemary Batt, chair of HR Studies and International Comparative Labor at the Cornell School of Industrial Labor Relations.
The turnover-proof model, considered essentially cost-free, has been in place for years, but now CONTINUE READING: CURMUDGUCATION: Burn And Churn McModel Is Failing