Question

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:

Answer 1

Answer:

Turnover rate percentage of

Gizmo Inc=8%

Widge Co.=6%

Techno Builders=6.5%

Step-by-step explanation:

We know, Turnovers rate =separation/total number

Gizmo Inc=56/700= 0.08

Widge Co.=108/1800=0.06

Techno Builders=78/1200=0.65

Turnover rate percentage=turnover×100

Gizmo Inc=0.08×100%=8%

Widge Co.=0.06×100%=6%

Techno Builders=0.65×100%=6.5%