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hi sir,,plz help me with the following:
a company has 1546 employees at the beginning of the year and at the end of year 1248. No of leavers during the year were 367. find labour turnover ratio..
sir is it right that we take no of leavers who requires replacement? if it is right then these should be 69.. and avg no of employees would be1397.. kindly check and guide me
But sir a similiar question in kaplan book is solved in the following way:
Question# A company employed 3641 employees at the begining and at the end of period the no of employees were 3735. During the year 624 employees choose to leave the company..what labor turover rate?
Ans# 624/3688
Why no of leavers who requires replacemnt here are not 718? Jst like above question ? M totalt confused on this topic
Replacing means replacing someone who has left.
You cannot ever replace more than left – since 624 left during the year, the most you can replace is 624 (any extra people are new employees).
In the previous question, the most they could possibly have replaced was 367, but because the total number of employees fell they did not replace all of them.
Hi sir..is this question correct?
A company had a staff of 1500 at the begining of the period, and owing to a series of redundancies caused by the recession, 1000 at the end of period. Voluntary redundancy was taken by 500 staff at the end of june, which is 200 more staff than what the company had anticipated..
These 200 excess redundancies were imidiately replaced by new joiners..Sir if these were replaced then how can employees at the end 1000..it should be 1200…like..1500-500+200.
Plz show whole calculation of labour turnover if question is correct..
Sorry – I must have missed your question 🙁
If you have typed the question correctly then it doesn’t make any sense.
(If it is either a past exam question, or is in the current BPP Revision Kit, then tell me the exam or the number of the question in the Kit and I will check it.)
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