workforce performance Flashcards
(7 cards)
what is the definition of workforce performance
Measuring the effectiveness of the
workforce.
what is the definition of labour productivity
Labour productivity is a measurement of
the output per employees.
what is the calculation for labour productivity
Output (per period)/No. of employees (per period)
what is the definition of Absenteeism rates
Measures how many employees miss
work as a percentage of the total number of
employees.
what is the calculation for Absenteeism rates
No. of staff absent/Total no. of staff x 100
what is the definition of labour turnover
Measures the rate at which employees
leave a firm.
what is the calculation of labour turnover
No. of staff leaving the firm per year/Average no. of staff x 100