Operations and Human Resource Family Flashcards
1
Q
Capacity Utilisation %
A
Current Output ÷ Maximum Possible Output x 100
2
Q
Labour Productivity
A
Total Output (per period of time) ÷ Average Number of Employees (over a period of time)
3
Q
Labour Retention %
A
Number of staff staying (over a time period) ÷ Average number of staff in post (in time period) x 100
4
Q
Labour Turnover %
A
Number of staff leaving over a timer period ÷ Average number of staff in post during the period x 100
5
Q
Rate of Absenteeism %
A
Number of staff absent on a day ÷ Total number of staff employed x 100