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Jacqueline
jacqueline@mgyear.com.my
31/07/2009 10:35:47
Re: computation of monthly labor turnover

I would like to check what is the computation of monthly labor turnover?
Kindly advise.
Thank you.
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CK
31/07/2009 12:27:26
That is how many new staff hired and existing staff fired/resigned for a month.
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Jacqueline
jacqueline@mgyear.com.my
31/07/2009 15:14:06
What i am trying to say is % computation of monthly labor turnover.
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CK
31/07/2009 23:00:57

Labour turnover = No. of staff leaving per month
---------------------------------------- X 100 = %
Total No. of staff

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CK
31/07/2009 23:02:00
Labour turnover = No. of staff leaving per month / Total No. of staff X 100 = %
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Unsure
04/08/2009 10:55:28
1. Total No. of staff at beginning of month or end of month?
2. What about staff recruited during the month?
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CK
04/08/2009 14:51:21
Take an avarage total no. of staff = (No. of staff at the beginning of month + no. of staff at the end of month) / 2
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Unsure
04/08/2009 17:19:12
For example:
Beginning of month = 100 employee
Total left = 20
End of month = 100-20 = 80
Average no. =(100+80)/2 = 90
So, the turnover rate should be (20/90) x 100 = 22.2% and not (20/100)x100 = 20% turnover?
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CK
05/08/2009 22:54:13
Exactly.
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KL Siew
06/08/2009 12:28:34
CK, that's interesting. Doesn't 22.2% work out to be at least 22 persons left instead of 20 persons that actually left?
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CK
06/08/2009 12:53:52
Hi Siew, it's a formula portraying the "average" outflow of the staff over a month in % by taking into account the joining of new staff during the month. I found the formula from a book by a Canadian writer. I agree that it sounds controversial though. =^>
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KL Siew
06/08/2009 13:58:17
I see, thanks, CK. I tend to use the rule of thumb.
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