50 likes | 307 Views
Measuring the effectiveness of the workforce. Lets do some calculations!. Key Term Workforce performance: methods of measuring the effectiveness of employees. Methods of calculation. Labour productivity. Staff turnover. absenteeism. Labour Productivity. 1. Output per employee:.
E N D
Measuring the effectiveness of the workforce Lets do some calculations!
Key Term Workforce performance: methods of measuring the effectiveness of employees Methods of calculation Labour productivity Staff turnover absenteeism
Labour Productivity 1. Output per employee: Total value of output Total number of employee 2. Labour costs per unit of output total labour costs X100 Total output Total UK output Total UK hours worked 3. UK productivity
Labour turnover Number of leavers per year X100 Average number of employees per year
Absenteeism average number of staff absent on one day X100 Total number of staff