Business-formulas

?
  • Created by: Zoe
  • Created on: 03-06-13 13:07

Labour Turnover

Labour turnover

Number of emplyees left/Total number of employees x100

This is the ratio of the number of people leaving an organisation within a given period of time to the number of employees on the payroll

1 of 6

Labour Productivity

Labour Productivity=

total output/number of employees

This is the amount of output produced by each worker

2 of 6

Absenteeism

Absenteeism

number of days taken off for unauthorised absence/total days worked by workforce over the period x100

This is the percentage of unauthorised absences over the period of time

3 of 6

Capacity Utilisation

Capacity utilisation

actual level of output/maximum possible output x100

This is the percentage of capacity that is actually being used out of the capacity that is available

4 of 6

Gross profit/gross profit margin

Gross Profit/Gross Profit Margin

Gross profit= revenue-variable costs

Gross profit margin= gross profit/revenue x100

5 of 6

Net profit/net profit margin

Net Profit/Net Profit Margin

Net profit= revenue-total costs

Net profit margin= net profit/revenue x100

6 of 6

Comments

LaraPeter

Report

My formula for a good business is to use high-quality professional help. I don't know if you've heard of outsourcing, but it's a very cool option to outsource your work to https://wow24-7.io/live-chat-support-outsourcing . They serve my customers, thus saving me money on staff, and moreover, I do not have to teach them something or double-check, I know that they will handle everything.

Similar Business resources:

See all Business resources »