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Exam PHRi Topic 1 Question 83 Discussion

Actual exam question for HRCI's PHRi exam
Question #: 83
Topic #: 1
A company with 1,000 employees experiences an average of 50 turnovers per month. What is the turnover percentage for this company?

Suggested Answer: B Vote an answer

The turnover rate is calculated as follows:
Turnover Rate=(Number of TurnoversTotal Employees)×100\text{Turnover Rate} = \left(\frac{\text{Number of Turnovers}}{\text{Total Employees}}\right) \times 100Turnover Rate= (Total EmployeesNumber of Turnovers)×100Turnover Rate=(501000)×100=5%\text{Turnover Rate} = \left (\frac{50}{1000}\right) \times 100 = 5\%Turnover Rate=(100050)×100=5% HRCI points out that calculating turnover rates is essential for assessing retention issues and identifying potential areas for improvement.

by Max at Jan 24, 2025, 08:29 PM

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