Last year, Acme Global hired 25 petroleum engineers.At the end of the year, only 20 were still working for the organization.The organization's __________ was 20 percent.

Question

Quizplus · Accepted Answer

The situation described is a case of new hire turnover, which measures the percentage of new employees who leave an organization within a certain period of time. The formula for calculating turnover is (number of separations during a period/total number of employees) x 100. In this case, the number of separations is 5 (25 hires - 20 remaining employees), and the total number of employees is 25, so the turnover rate is (5/25) x 100 = 20%.

Last Year, Acme Global Hired 25 Petroleum Engineers