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

Question

Quizplus · Accepted Answer

The given scenario indicates that out of the 25 petroleum engineers that were hired, 20 left the organization by the end of the year. Hence, the organization's new hire turnover rate is 20/25 = 0.8 or 80%. Option D, new hire turnover, is the most appropriate answer to describe the scenario. Option A, new hire performance, does not provide any information on the retention of new hires. Option B, new hire retention, is related to the given scenario, but it is not a commonly used term to describe employee turnover rates. Option C, yield ratio, refers to the ratio of applicants who successfully move to the next stage of the hiring process, which is not relevant in this context.

Last Year,Acme Global Hired 25 Petroleum Engineers