hi guys... could anyone tell me abt the turnover rate calculation in percentage??
From United Arab Emirates, Abu Dhabi
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2From United Arab Emirates, Abu Dhabi
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hi, PFA the attachment that will explain u the calculation. regrds Prerana
From India, Mumbai
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From India, Mumbai
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What is attached is the separation percentage. Turnover percentage = (Separation + Hiring)/2/Average number of employees
From Egypt
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From Egypt
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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.
Regards, Naveen.
From India, Ahmadabad
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Regards, Naveen.
From India, Ahmadabad
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FACTORY ACT 1948.xls
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