labour turnover
What labour turnover means in Business A-Level, as defined for AQA.
Definitions of labour turnover
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Reference: AQA
Leavers over the period as a percentage of the average number employed, used as evidence that a retention problem is real.
Staff leaving in a year divided by the average number employed, multiplied by one hundred, read as a percentage a year.
Leavers in a year divided by average staff employed and multiplied by one hundred, which is where the cost shows.
The number of staff leaving in a year divided by the average number employed, shown as a percentage.
The number of staff leaving in a year divided by the average number employed times one hundred.
Topics that use labour turnover
- Analysing human resource performance (AQA A-Level)
- Human resource management (AQA A-Level)
- Managing organisational culture (AQA A-Level)
- Subject content (AQA A-Level)
- Understanding management, leadership and decision making (AQA A-Level)
Related terms
- functional interdependence
- labour productivity
- automation
- capacity and headcount
- capacity utilisation
- competitiveness through people
- corporate and functional objectives
- cost leadership
Using labour turnover in the exam
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