This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ...is arrived at by the same method as advocated by the writer, that is, the replacement rate, except that it is the rate per thousand instead of the rate per hundred. COMPUTATION OF TURNOVER. The methods used in the computation of turnover will vary, of course, with the meaning of the term. If by labor ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ...is arrived at by the same method as advocated by the writer, that is, the replacement rate, except that it is the rate per thousand instead of the rate per hundred. COMPUTATION OF TURNOVER. The methods used in the computation of turnover will vary, of course, with the meaning of the term. If by labor turnover is meant, as in business, the general turnover of men--accessions as well as separations--or the labor flux--the extent of turnover will be measured by the ratio which the aggregate of accessions (hirings and rehirings) and gross separations (discharges, resignations, deaths, marriages, etc.) will be to the working force during a certain period, usually one full year. Some employment men see their turnover wholly in accessions or hirings, in which case the turnover extent is measured by the ratio of accessions to the working force. Others, however, think that gross separations constitute the best method for measuring turnover. In such a case the turnover extent is measured by the ratio of gross separations during the period to the working force. The. latter was the point of view of a special committee on labor turnover of the Rochester (1918) National Convention of Employment Managers. This committee was of the opinion that labor turnover for any period consisted of the number of gross separations, which include all quits, discharges, and layoffs for any reason whatsoever.1 "STANDARD DEFINITION OP LABOR TURNOVER AND METHOD Or COMPUTING THE PERCENTAGE OF LABOR TURNOVER. "Labor turnover for any period consists of the number of separations from service during that period. Separations include all quits, discharges, and lay oils for any reasons whatsoever. "The percentage of labor turnover for any period considered Is the...
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