6.2 analysing human resource performance Flashcards
1
Q
What is the formula for labour turnover?
A
number of employees leaving / average number employed x 100
2
Q
What is the formula for retention rates?
A
number of employees with 1 or more years of service / total number of employees in a period x 100
3
Q
What is the formula for labour productivity?
A
Output per period (units) / number of employees at work
4
Q
What is the formula for labour costs per unit?
A
total labour costs / output
5
Q
Whats the formula for employee costs as a % of turnover
A
total labour costs / revenue x 100
