Number of employees terminated (for any reason) divided by total number of employees at full staff. Example: in a work force of 60, in one month 8 must be replaced. 8 divided by 60 = 0.1333. Turnover was 13.33%.
Monthly turnover refers to monthly change. It can be associated with employee turnover or inventory turnover. Managers may use the term to refer to other things as well.
The monthly apartment turnover rate is calculated by dividing the number tenants who moved out by the total number of apartments. It is important that you only consider one tenant per apartment.
There are no advantages of labour / staff turnover. Staff turnover is the decrease in the amount of employees you have in your business. Presence of staff turnover indicates employees are leaving your business for some reason. There are no advantages of labour / staff turnover.
divide the amount of staff who have left, by the total amount of staff, then multiply by 100 to get the percentage i.e. 4 / 10 = 0.4 * 100 = 40%
Staff turnover is the intake and loss of staff through hiring, fireing and retirement etc
staff turnover means the number of people that are leaving or staying, basically like a recycling system.
In a human resources context, turnover or staff turnover or labour turnover is the rate at which an employer gains and loses employees. Simple ways to describe it are "how long employees tend to stay" or "the rate of traffic through the revolving door".
High staff turnover refers to how often staff is changed over in a business and it can be caused by dissatisfied employees. One way high turnover hurts a business is by costing the company money to find and train replacements for employees that leave.
Here is a link to Annual Employee Turnover Calculator http://www.assessmentcompany.com/resources/costperhire.html
There are two ways to calculate Creditors Turnover. First is using the COGS (Cost of Goods Sold) as the basis. Creditors Turnover = COGS / Creditors (A/c Payables) . Second is the more common method which uses Sales as the basis. Creditors Turnover = Net Sales / Creditors (A/c Payables).
Total asset turnover ratio = total sales / total assets
Stock turnover period = Closing stock x 365 / cost of sales