Year of Graduation
Employee turnover: review of the problem
School of Applied Mathematics and Information Science
The paper presents a survey of the literature on turnover. The goal of the paper is the study of the literature on employee successions depending on the presented models.The analysis of 68 articles has been made. Models proposed by the authors are divided into several groups: CEO turnover, white-collar turnover, blue-collar turnover, collective turnover.Econometric and non-econometric models are presented in each section. The unevenness of turnover studies with the shift towards Europe and the USA is pointed out. Specific features of employees’ turnover depending on the country, industry and the type of the firm are provided. The new approach to turnover study – collective turnover theory – is presented. Perspectives of the development of these studies are drawn and the directions of future work are given. Keywords: employee turnover, CEO turnover, white collar turnover, blue-collar turnover, workers turnover.