The Study Of The Metrology And The Accounting Of The Enterprise's Cost Of Staff Turnover Under The Entrepreneur's View

Staff will be playing a key part in the future enterprise competition. The staff turnover, one of the major nerve-wrecking puzzles for entrepreneurs at present, usually leads to capital losses and weakening of enterprise core competence. Scholars both at home and abroad so far haven't reached a general consensus as to the conception of staff turnover. And their study has been largely focusing on its qualitative analysis. Metrological and accounting study of the staff turnover cost at a quantitative level will be at the forefront of business and academic arena.In reference to such theories as consignment and agent, human resources capital and accounting, the paper defines the staff turnover and staff turnover cost respectively from the perspective of an entrepreneur aiming at helping enterprise management decision-makings. With a systematic and detailed study of several periods of staff turnover cost, the paper presents the composing items of staff turnover cost: namely, the net cost of resignation, the training cost to be imposed, the immaterialized contribution and the saved salary. Applying Cobb-Douglas Production Function and the time variable, the author creates a metrological model of staff turnover cost for precise calculation as well as positive studies. The paper is concluded with a comprehensive accounting and disclosure of staff turnover cost.The present paper ventures to innovate on such points: to redefine staff turnover and staff turnover cost;to create a staff turnover cost model from the perspective of cost-benefit analysis applying the time variable;to calculate the staff contribution with Cobb-Douglas Production Function;and to make a comprehensive accounting and disclosure of staff turnover cost and its composing items based on the model.