A company has 2200 employees, on average, and it recruits, on average, 300 employees per year....
A company has 2200 employees, on average, and it recruits, on average, 300 employees per year. What is the employee turnover?
Homework Answers
Thanks for asking
Employee Turnover can be calculated as follows
Step 1
Average Employee is calculated which is Sum of number of employees in beginning and number of employees in end divided by 2. ( Here in this question it is given that average number of employee is 2200
Step 2
Find the number of employee separated which we can infer from the question as 300 since the number of employee separated would be number of employee inducted
Step 3
Employee Turnover = No. Of Employee separated / No. of average employee
which as per data given in question will be 300 / 2200 = 0.136
So The answer would be Employee Turnover is equal to 0.136
Thanks
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