Labour Ratios

Question 1

Labour Turnover

Answer 1

Number of leavers who require replacement/Avg number of employees x 100%

Question 2

Labour Capacity Ratio

Answer 2

ACTUAL Hours / BUDGETED hours x 100%

Question 3

Labour Production Volume Ratio

Answer 3

Std hours (Budgeted) to produce ACTUAL Output / BUDGETED hours x 100%

Question 4

Labour Efficiency Ratio

Answer 4

Std hours (Budgeted) to produce ACTUAL Output / ACTUAL hours x 100%