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.
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.
Here is a link to Annual Employee Turnover Calculator http://www.assessmentcompany.com/resources/costperhire.html
1. Credit Turnover is the summation of all the credit transactions in your account during the statement period.2. Debit Turnover means the summation of all the debit transactions in your account during the statement period.3. (Opening balance of account) + (Credit Turnover) - (Debit Turnover) = Closing balance of account.
In U.K. "turnover" is what U.S. calls "revenue"
what is the turnover of myk laticrete in india for 2012-13
Labour Turnover is the rate at which labour leaves the organisation or the rate at which new labour joins the organisation. Labour Turnover is usually expressed in terms of percentage and is an important tool under the various processes of Labour Costing.As said earlier, Labour Turnover is studied under Costing primarily. The other deprtment where it is studied is the Human Resource Department. Labour Turnover may or may not be in the favour of the company. The organisation may itself influence the Labour Turnover as dictated by its process of Man Power Planning.The problems associated with Labour Turnover are very predictable. These however arise only where the Labour Turnover is unfavourable to the organisation. Some problems can be:Increase in cost of operation.Decrease in productivity as the new people have to be trained.Delay in production.Change in work environment.Changes in Human Resource Principles, etc.
Sheila Rothwell has written: 'Labour turnover' -- subject(s): Labor turnover
Some advantages of labour turnover are that if there are not enough employees doing there jobs than that causes them to be fired.
a company turnover is based on the , production loss profit expencess labour cost etc . . .
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".
Robert Weeden has written: 'Redundancy, unfair dismissal and labour turnover'
Robert Williams Matthews has written: 'Labour turnover in the retail industry'
Union labor is usually a group with a low turnover. One advantage of a low turnover is that the labor force is better paid and more motivated to do a good job.
advantages saves time less labour required
Great harvest and low labour cost
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.