Calculate the monthly labour turnover rate and the, Ask an Expert

Accounting

Calculate the monthly labour turnover rate and the equivalent annual rates under the three methods of labour turnover measurement..

The following information is extracted from the records of a company for the month of October 2002.

No.of the employees at the beginning of the month=950

No.of employees at the end of the month=1050

No.of employees resigned=10

No. of employees discharged=30

No. of employees replaced in the vacancies=20

No. of employees appointed due to expansion scheme=120

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9433921

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