accounting labour-labour turnoverForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › accounting labour-labour turnoverThis topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts February 26, 2015 at 2:17 pm #230343 Molly SumParticipantTopics: 39Replies: 53☆☆A company had 500 worked at the start of a period. During the period,70 workers left the company for various reasons and 46 new workers were employed.what is the labour turnover rate for the period ( to the nearest %) ?please correct my calculation :opening 500 less : left 70 430 add : 46 closing 476my answer : 46 / 500+476 /2 = 46/488 = 0.094262 x100 = 9% (I take 46 because is subject to the lower off / the rate should kept as low as possible?)500-476=24 is total for employed for this question ? my way to find total employed whether is correct?thank you. February 26, 2015 at 2:29 pm #230349 John MoffatKeymasterTopics: 57Replies: 54749☆☆☆☆☆Your answer of 9.43% is correct.(24 is not the total employed!! It is the fall in the total number employed over the year.)AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In