At Piaffe Products 15 Employees Had Quit and an Additional

question 76

Multiple Choice

At Piaffe Products 15 employees had quit and an additional 10 were fired for poor performance in the year during 2010. The mid-year employee count was 50 for that year. Piaffe's turnover rate for the year 2010 was _____.

• A) 10%
• B) 20%
• C) 30%
• D) 50%

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Definitions:

Calibration

A process whereby managers meet to discuss the performance of individual employees to ensure that their employee evaluations are in line with one another.

Employee Ratings

Assessments or evaluations of employees' performance, typically based on predefined criteria, used for feedback and development purposes.

Job Evaluations

The process of systematically assessing the relative worth of jobs within an organization to establish fair salary levels.

Job Analysis

The process of gathering, documenting, and analyzing information about a job, including the tasks, responsibilities, skills, and requirements.