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Flashcards in UNIT 6 Deck (4)
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1

LABOUR PRODUCTIVITY

total output per time period / number of employees at work

2

UNIT LABOUR COSTS

total labour cost / units produced

3

LABOUR TURNOVER

number of staff leaving during the year x 100 / average no of staff

4

EMPLOYEE RETENTION

number of employees employed for one year or more x 100 / average number of staff