Calculate the monthly labour turnover rate

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Reference no: EM13143772

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

Reference no: EM13143772

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