The Linkage between the sources of employment and employee turnover: the role of labour exchange

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
The Linkage between the sources of employment and employee turnover: the role of labour exchange
In the Journal:
Procedia economics and finance. 2015, 23, p. 1635-1640
Summary / Abstract:

ENAccording to the data of European globalization adjustment fund (EGF) the re-employment rate at the end of the EGF measures in Lithuanian construction sector constitutes 74%, furniture industry - 65%, wearing apparel sector - 62%. However, Ex-post evaluation of EGF showed that the re-employment rate 12 months later is characterized by considerable downward trends and reaches only 57% in construction sector, 63% in the furniture industry and 56% in wearing apparel sector. According to data of Lithuanian Labour Exchange circa 35% of jobseekers, who took part in vocational training and after that got a job, return back as unemployed persons to the Labour Exchange. As a result, in the companies the employee turnover is increasing, and that has a negative impact on performance of organizations. The paper discusses active Labour Market measures, provided by Labour Exchange, and the compatibility of these measures with the expectations of organizations on jobseekers.

DOI:
10.1016/S2212-5671(15)00417-7
ISSN:
2212-5671
Permalink:
https://www.lituanistika.lt/content/69623
Updated:
2020-03-02 14:03:45
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