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Estimation of Employee Turnover with Competing Risks Models Cover

Estimation of Employee Turnover with Competing Risks Models

Open Access
|Apr 2016

Abstract

Employee turnover accompanies every business organization, regardless of the industry and size. Nowadays, many companies struggle with problems related to the lack of sufficient information about the nature of employee turnover processes. Therefore, comprehensive analysis of these processes is necessary. This article aims to examine the turnover of employees from a big manufacturing company using competing risks models with covariates and without covariates. This technique allows to incorporate the information about the type of employment contract termination. Moreover, Cox proportional hazard model enables the researcher to analyse simultaneously multiple factors that affect employment duration. One of the major observations is that employee remuneration level differentiates most strongly the risk of job resignation.

DOI: https://doi.org/10.1515/foli-2015-0035 | Journal eISSN: 1898-0198 | Journal ISSN: 1730-4237
Language: English
Page range: 53 - 65
Submitted on: Apr 28, 2015
Accepted on: Nov 22, 2015
Published on: Apr 30, 2016
Published by: University of Szczecin
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2016 Wioletta Grzenda, Michał K. Buczyński, published by University of Szczecin
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.