Mona Ltd. had a staff numbering 1,600 at the beginning of 2003 and 2,400 at the end of that year. 800 employees resigned on June 30, 2003 and were immediately replaced by 800 new employees on July 20, 2003, 800 new employees were also recruited at that time. Calculate the labour turnover rate.

Answer rating: 100% (QA)

To calculate the labor turnover rate we need to use the formula Labor Turnover Rate Number ... View the full answer