this post was submitted on 17 Jul 2023
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Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online (www.vice.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online::undefined

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[โ€“] sputtersalt@lemmy.world 9 points 1 year ago (1 children)

I'm not great with math so please let me know if I'm understanding this right:

  1. Company has 100 employees
  2. All 100 employees quit
  3. Company gets 100 new employees as replacement

= 100% turnover rate

Then...

  1. Company has the 100 new employees
  2. 50 of the new employees quit
  3. Company gets 50 new employees as replacement

= 150% turnover rate

and so on?

[โ€“] quicksand@lemmy.world 1 points 1 year ago

It simply has to do with the number of lost/new employees in a year. So if you have 100 employees on your payroll and 100 quit over the course of a year, then you have 100% turnover. If 50, then 50/100 total employees = 50% turnover. It will be lower if less people left. Here's the link where I learned this: https://www.aihr.com/blog/how-to-calculate-employee-turnover-rate/#:~:text=How%20to%20calculate%20annual%20turnover,%3D%200.05%2C%20or%205%25.