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At the beginning of the year, a company employed 4600 individuals. During the year, 1800 individuals were recruited and at the end of the year, the company employed a total of 5500 individuals.
what was labour turnover during the year, as a percentage of the average employment level?
Give your answer to the nearest 1%please correct my answers as per following :
opening 4600
closing 5500
difference 900900/4600+5500/2=900/5050=17.82%=18%
thank you.
Sir,in this question the employees were 4600 in total.during the year 1800 has left and at the end of the year the employees were 5500.then the replacement should b 1800 as the total employees has gone to 5500 after covering the 1800 which exceeds the beginning time employees. m i missing anything?
Molly Sum’s answer is correct.
If nobody had left then the number of employees would have increase to 6400.
Because it only increased to 5500, it mean that 900 must have left.Therefore the number who left and were replaced was 900.
The extra 900 were not replacements, they were completely new employees.
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