Business-formulas

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  • 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

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Labour Productivity

Labour Productivity=

total output/number of employees


This is the amount of output produced by each worker


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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

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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

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Gross profit/gross profit margin

Gross Profit/Gross Profit Margin


Gross profit= revenue-variable costs


Gross profit margin= gross profit/revenue x100


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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

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