Business Math Separation refers to an employee who has left a business, whether the employee has quit or was fired. Employment records for three businesses aré as follows: Gizno Inc: 700 employees, 56 xeparations; WidgeCor 1,800 employees, 108 separations; Techno Builders: 1,200 employees, 78 separations. Calculate their employee turnover rate percent- ages. Why would these numbers be useful to human resource people? Turnover rate Number of separations + Number of employees Turnover rates: Gizmo Inc. WidgeCo. Techno Builders Company with highest rate: Lowest rate:
Answers
Answer:
Step-by-step explanation:
The whole solution is given in attached the sheet.
Concept
Turnover rate refers to the share of employees leaving an organization within a specific period of your time.
Given
Company Employees Separation
Gizno Inc 700 56
WidgeCor 1800 108
Techno Builder 1200 78
Find
The employee turnover percentages
Step-by-step explanation:
First we discover Gizno Inc's turnover rate percentages
=56/700 *100
=8%
Then we discover WidgeCor's ratio rate percentages
=108/1800 *100
=6%
Now we discover Techno Builders' s ratio rate percentages
=78/1200 *100
=6.5%
These numbers would be very useful to human resource people because they need to try and do care of the people working within the company.
It is important for doing the management of the corporate. It measure the effectiveness of the human resources management system.
#SPJ2