Model: Labour-turnover rate
The following information relates to the personnel department of a factory for the month of June 2009:
|
No. of workers on 1 June 2009 |
900 |
|
No. of workers on 30 June 2009 |
1,100 |
|
No. of workers who quit the factory in June |
20 |
|
No. of workers discharged in June |
30 |
|
No. of workers engaged in June (including 100 on account of expansion scheme) |
150 |
You are required to calculate the labour-turnover rate and the equal annual rate under the different methods.