Unit 6 Formulas Flashcards
(5 cards)
1
Q
Employee costs as a percentage of Turnover
A
Employee Costs
————————– X100
Sales Revenue
2
Q
Labour Productivity
A
Output per period
___________________________________
Number of employees per period
3
Q
Labour Costs per Unit
A
Total labour Costs
——————————– X100
Total units of output
4
Q
Labour Turnover
A
Number of employees leaving over given period
————————————————————————- X100
average number employed over given period
5
Q
Retention Rate
A
Total number of remaining employees
________________________________X100
Total number of original employees
