Question

Fifty employees of Glow Corp. quit the company in 2012. 35 of them quit on their own, while the rest were asked to leave by the company due to poor performance on the job and high absenteeism. The total number of employees in the corporation was 270 in January, 2012. The mid-year employee count was 250, and the number became 220 at the end of the year. The turnover rate at Glow Corp. in 2012 was _____.A.35%B.20%C.25%D.50%

Answer 1

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

Given:

Total number of employee(at beginning) = 270

Total number of employee(at mid) = 250

Total number of employee(at end) = 220

Total Employee (quit) = 50

Computation of turnover:

Average number of the employee during the year = (270 + 250 +220) / 3

= 246.67

Employee turn over rate = ( Number of employee who left / Average number of the employee during the year ) x 100

= ( 50 / 246.67 ) x 100

= 20.26%

= 20% (approx)