Task 1. Based on the data presented in the Table 1, determine:

- Labor Turnover;

- Labor Productivity;

- Profitability of Labor.

Table 1

Output conditions for calculation

Number in order	Index	2018	2019
1	Average number of employees	26	28
2	Number of employees (fired):
2.1.	- redundancy	2	1
2.2.	- resignation	2	4
2.3.	- retirement	15	18
3	Number of employees (hired)	10	11
4	Wage fund	13100	16800
5	Total revenue	325000	485000
6	Total cost	90000	84500

The algorithm of solving

The formulas of the indicators are:

1. Labor Turnover =Number of employees (hired)/Average number of employees;

2. Labor Productivity = Total revenue/ Average number of employees;

3. Profitability of Labor = (Total revenue - Total cost)/ Wage fund*100;