Labour turnover (HL)
Labour turnover (HL only) (AO2, AO4) “What could possibly be more important than who gets hired, developed, promoted, or moved out the door?”- Jack Welch (1935 - 2020), former chairman and CEO of General Electric (GE)Labour turnover refers to the amount of people who leave an organization, expressed as a percentage of the workforce, per time period (usually one year). Calculating and monitoring the labour turnover...