Measuring HR Performance (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
A firm has 40 staff and 8 leave in a year. What is the labour turnover rate?
A firm has 40 staff and 8 leave in a year. What is the labour turnover rate?
20%
What does a high labour turnover rate typically indicate for a business?
What does a high labour turnover rate typically indicate for a business?
Problems & increased recruitment costs
A company has 60 staff; 45 have been there 1+ year. What is the labour retention rate?
A company has 60 staff; 45 have been there 1+ year. What is the labour retention rate?
75%
Which is NOT stated as a main reason why employees leave?
Which is NOT stated as a main reason why employees leave?
Lack of promotion opportunities
A factory with 25 workers produces 1,250 units weekly. What is the labour productivity?
A factory with 25 workers produces 1,250 units weekly. What is the labour productivity?
50 units per employee per week
How should labour productivity be expressed?
How should labour productivity be expressed?
As units per worker per time period
A firm has £150,000 turnover and £60,000 labour costs. Employee costs as % of turnover?
A firm has £150,000 turnover and £60,000 labour costs. Employee costs as % of turnover?
40%
Which are examples of labour-intensive businesses mentioned?
Which are examples of labour-intensive businesses mentioned?
Premiership football clubs & schools
Labour costs are £8,000 and output is 1,600 items. What is labour cost per unit?
Labour costs are £8,000 and output is 1,600 items. What is labour cost per unit?
£5
What is the relationship between productivity and labour cost per unit?
What is the relationship between productivity and labour cost per unit?
Inverse - productivity up, unit cost down