The following information is extracted from the records of a company for the month of October 1998:
|
Number of employees at the beginning of the month |
950 |
|
Number of employees at the end of the month |
1,050 |
|
Number of employees who resigned |
10 |
|
Number of employees who were discharged |
30 |
|
Number of employees replaced in the vacancies |
20 |
|
Number of employees appointed due to an expansion scheme |
120 |
Calculate LTR.
Hint: Replacement method ignores recruitment for expansion, and flux method includes all recruitments including those for expansions.