employee costs as a percentage of turnover
What employee costs as a percentage of turnover means in Business A-Level, as defined for AQA.
Definition of employee costs as a percentage of turnover
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Reference: AQA
Total staff costs divided by sales revenue and multiplied by one hundred.
Topics that use employee costs as a percentage of turnover
- Analysing human resource performance (AQA A-Level)
Related terms
- exit interviews
- internal labour supply
- labour turnover
- limits of averages
- workforce planning
- labour cost per unit
Using employee costs as a percentage of turnover in the exam
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