Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381
Turnover Calculations - Xls Download - CiteHR

No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


saber
Hello,
I have calculated turnover in the below table. Average per year turnover is 1.55 and Sum of whole year is 18.63.
My question is: when someone asks me what is your company turnover?which figure I should state.
Emphirefiretotalturnover1st-Jan500574981.40End of Jan turnover1st-Feb498635010.60End of Feb turnoverMar50111334796.59Apr47915234714.80May471324720.42Jun472324730.42Jul473524760.42Aug476634790.63Sep479524820.42Oct4820124702.49Nov4702224900.43Dec4902205120.00Average1.55Sum18.63
Thanks,
Saber

From Saudi Arabia, Riyadh
Attached Files (Download Requires Membership)
File Type: xls Turnover rate-2.xls (18.5 KB, 1947 views)

Rashid Ahmed
78

Hi Saber,
You are to state average of whole year, that is 18.63 % in your case. Besides, you can state 1.55 monthly turnover as now a days it is supposed better to calculate turnover in months.
Let's examine,
If you say your turnover is 1.55 % , it will mean- 500 or 512/100 x 1.55= about 8 employees are leaving the company. This could be state only for a month and not seems correct for whole year.
Apart from it, if you say your turnover is 18.63 %, it will mean- 500 or 512/100 x 18.63 = about 95 employees left the company within 1 year. This is something what your table is showing. Remember, the higher is turnover, the more employees are leaving the company.
For more information about Turnover calculation please, read the attached DOC.
Regards,
Rashid

From Saudi Arabia, Riyadh
Attached Files (Download Requires Membership)
File Type: doc Calculation of Turn over.doc (27.5 KB, 831 views)

Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.






About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.