Turnover can be calculated with this simple formula - Turnover Rate = (No. of Separations / Avg. no. of manpower) * 100 or Turnover Rate = No. of Separations / (Opening Strength + no. of joinings - no. of relieving) * 100.
Please send me any notifications regarding CL, SL, and other leaves except EL in the Factory Act 1948.
Ravi Sharan
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