UNIT 6 Flashcards
1
Q
LABOUR PRODUCTIVITY
A
total output per time period / number of employees at work
2
Q
UNIT LABOUR COSTS
A
total labour cost / units produced
3
Q
LABOUR TURNOVER
A
number of staff leaving during the year x 100 / average no of staff
4
Q
EMPLOYEE RETENTION
A
number of employees employed for one year or more x 100 / average number of staff
