Answer to Question #189987 in Finance for Sanskriti

Question

The following information has been collected from Ms. Divya the head of personnel

department of ART Limited for the year ended 31st March 2020

Number of workers at the beginning of the year 8000

Number of workers at the end of the year 9600

Number of workers left the company during the year 500

Number of workers discharged during the year 100

Number of workers replaced due to leaving and discharge 700

Additional workers employed for expansion during the year 1500

You are required to calculate the labour turnover rate by using separation method,

replacement method and flux method, further discuss each of them briefly

Answer 1

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