Example 1 · level 1
Mehta Polymers had 1060 workers at the start and 1056 at the end of the year. 10 workers left and 6 were recruited as replacements (no new posts were created). Find the labour turnover rate by the separation method (%).
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- Average workers = (1060 + 1056) ÷ 2 = 1,058.
- Rate = 10 ÷ 1,058 × 100 = 0.95%.
Answer: 0.95 %