| Session Title: SIMPACT (Satisfaction-Impact-Action): A Web-based Organizational Culture Assessment System That Links Work and Nonwork Life Needs to Employee Turnover |
| Demonstration Session 900 to be held in Centennial Section G on Saturday, Nov 8, 3:05 PM to 3:50 PM |
| Sponsored by the Business and Industry TIG |
| Presenter(s): |
| Michael Schwerin, RTI International, schwerin@rti.org |
| Abstract: Employee turnover costs organizations economically through the cost to recruit and train an employee, the unfulfilled investment in training, loss of productive employees, additional job demands placed on others when an employee leaves an organization, the loss of intellectual capital, and the potential loss of diversity in the workplace. Understanding factors affecting employee turnover intent is essential for human resources and organizational development decision makers to develop employee retention and human resources strategies for organizations. SIMPACT is a Web-based decision support tool that identifies life needs related to employee turnover and helps leaders take action to improve employee retention. Additionally, results are used in predictive modeling that allows leaders to conduct 'what if' scenarios to explore the potential outcome of interventions that increase the satisfaction and impact of life needs on retention plans. |