Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online

L4sBot · 1 year ago

@[email protected] · 1 year ago

It’s a turnover rate over time. If everyone quit and had to be replaced in a day you’d be at 100%. Anything after that is over 100% for the year.

I’ve seen rates of 150% bandied around for Amazon. That means replacing 12.5% of your total headcount on average monthly.

salt · 1 year ago

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

Company has 100 employees

All 100 employees quit

Company gets 100 new employees as replacement

= 100% turnover rate

Then…

Company has the 100 new employees

50 of the new employees quit

Company gets 50 new employees as replacement

= 150% turnover rate

and so on?

@quicksand · 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 to calculate annual turnover,%3D 0.05%2C or 5%25.