Number of methods available for calculation of Labour turnover is ________.

Solution (By Examveda Team)

Separation Method
Labour Turnover = No. of workers left or separated during a period / Average number of workers on role during that period x 100
Replacement Method
Labour Turnover = No. of workers replaced during a period / Average number of workers on role during that period x 100
Flux Method
Labour Turnover = (No.of workers separated in a period + No. of workers replaced in the same period) / Average number of workers on role during that period x 100

Note : Average No.of. Workers = (No. of workers at the beginning of the period + No. of workers at the end of the period) / 2