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Question 17 of 81

Q.Answer in one word/term: The rate of change in the composition of the labour force of an organization.

ChseodishaCHSE Odisha Plus Two (Class 12) Commerce Board 2019Subjective· 1mImportance★★★★★est
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The one-term answer is Labour Turnover.

Labour turnover measures the rate at which workers leave and are replaced in an organisation during a period — i.e. the change in the composition of the workforce. It is computed by methods such as the separation method, replacement method or flux method, and a high rate signals instability and added cost (recruitment, training, lower productivity). …

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