Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online::undefined
7 points
I’m not great with math so please let me know if I’m understanding this right:
- Company has 100 employees
- All 100 employees quit
- Company gets 100 new employees as replacement
= 100% turnover rate
Then…
- Company has the 100 new employees
- 50 of the new employees quit
- Company gets 50 new employees as replacement
= 150% turnover rate
and so on?
1 point
It simply has to do with the number of lost/new employees in a year. So if you have 100 employees on your payroll and 100 quit over the course of a year, then you have 100% turnover. If 50, then 50/100 total employees = 50% turnover. It will be lower if less people left. Here’s the link where I learned this: https://www.aihr.com/blog/how-to-calculate-employee-turnover-rate/#:~:text=How to calculate annual turnover,%3D 0.05%2C or 5%25.
