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3.6.2 Analysing human resource performance
Calculating and interpreting human resource data
Labour turnover
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Cards (5)
What is labour turnover?:
Labour turnover is the
rate
of
change
in a firm’s
labour
force
What is labour turnover?
Labour turnover is the rate of
change
in a firm’s
labour
force
labour turnover formula:
A)
Number of staff leaving
B)
100
C)
Average number of staff
3
What is labour turnover?
The
percentage
of
employees
who
leave
a company over a
period
How is labour productivity calculated?
Total
units
of
output
/
Number
of
employees
