Labor cost

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.

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August 25, 2021 at 8:30 pm #632934
Isabella1
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In Labor turnover ratio = Replacement/(Opening labor+ Closing Labor).
The closing labor includes labor after replacements?
August 26, 2021 at 6:15 am #632959
Ken Garrett
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Yes because closing numbers reflect both leavers and joiners….and I the bottom line in your question should be the average of opening and closing labour.
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