Divide the number of employees who left the organization during that specified time period by the average number of employees employed during the same period of time to find the employee turnover rate percentage. The lower the percentage, the better an organization is at retaining employees.Know More
Determine the time frame for which you want to calculate the staff turnover. You may calculate by quarter, by year or by some other time frame.
Determine the average number of employees employed during the specified time frame was. For example, if an organization had 19 employees for six months and 21 employees for six months, the average number of employees for the year would be 20.
Calculate how many employees from the measured period of time are no longer employed in the organization. This could be for any reason, including termination from employment or employees choosing to leave for another job. For the sake of this example, assume the number is five.
Divide the number of employees who are no longer employed by the average number of employees during the established time period to get the percentage. In this example, five divided by 20 equals 0.25. So the staff turnover as a percentage is 25 percent.
An annual percentage rate is used to refer to the yearly fee that a customer pays for borrowing money and is often called APR. An APR is most commonly used in cases of loans, credit cards or other credit agreements.Full Answer >
A good APR, or annual percentage rate, averages about 10 percent. There are some credit card companies that offer APRs as low as 7.5 percent, however, sterling credit is needed to qualify for those offers.Full Answer >
In order to calculate the money factor, multiply the annual percentage rate (APR) by 2400. The answer to this multiplication problem is the interest rate the dealer is using to calculate the monthly payment on the lease.Full Answer >
StarChefs explains that food cost percentage is figured by taking the total beginning inventory cost plus purchases minus the ending inventory costs; then dividing that number by food sales.Full Answer >