Tag Archives | Labour Turnover

Measurement of Labour Turnover

Labour turnover is the ratio of the number of workers leaving the factory during a given period to the average number of workers in employment during the same period. Measurement of turnover is an important problem for determining the numbers of people to be recruited at a particular point of time. Its knowledge assists the management in a number of [...]

By R Sachdeva|2019-10-28T06:38:23+05:30October 28, 2019|Cost Accounting|Comments Off

Causes of Labour Turnover

Everything you need to know about the causes for labour turnover. Labour turnover is a natural phenomenon occurring because of social and economic causes. However, while analysing these causes, it is necessary to distinguish between normal labour turnover and excessive labour turnover. The logic behind such a classification is the problem to be faced by the management due to excessive [...]

By Neeraj S|2019-08-24T09:45:36+05:30August 24, 2019|Human Resource Management|Comments Off

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