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workforce performance
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Created by
Miranda sena
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Cards (7)
what is
workforce
performance
workforce performance measures the
effectiveness
of the
workforce
and the
HR
management
what is
absenteeism
rates
rate of
absence
in the
workforce,
a
high
rate
is an indication of
dissatisfaction
in the workforce
increases
costs
formula
of
absenteeism
rate
total
number
of
staff absence
over
a
year
divided
by
total
number
of
days
that
should’ve
been
worked
x
100
what
is
labour turnover
measure of the
rate
which
employees
are
leaving
an organisation
formula
of
labour turnover
number
of
staff
leaving
divided
number
of
staff
employed
x
100
what
is
labour
productivity
it is the
mea
sure of how much output is produced per unit of labour market
formula
for
labour
productivity
total output per period
of
time
divided
average
number
of
employees
per
period
of
time
