GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The rate in which employees leave the business
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the rate in which employees don’t turn up to work
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The amount of spins an employee can do in one minute
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the rate in which employees leave the business and replaced
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Detailed explanation-1: -Employee turnover is defined as the number of employees who quit the organization, or, are asked to leave, and are replaced by the new employees. Employee turnover is usually calculated on a yearly basis.
Detailed explanation-2: -How Do You Calculate Employee Turnover? Divide the sum total of the number of employees that leave within a specific period of time (month, quarter, year, etc.) by the average number of employees that work within the selected time frame. Multiply that number by 100 to calculate the employee turnover rate.
Detailed explanation-3: -Employee turnover refers to the total number of workers who leave a company over a certain time period. It includes those who exit voluntarily as well as employees who are fired or laid off-that is, involuntary turnover.
Detailed explanation-4: -Employee turnover refers to the number or percentage of workers who leave an organization and are replaced by new employees.
Detailed explanation-5: -What Is An Attrition Rate? Your attrition rate is a metric that represents the percentage of employees who leave an organisation over a specific period, either voluntarily or involuntarily.