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Post by account_disabled on Dec 30, 2023 2:07:20 GMT -8
With gross income it does not always reflect the complete turnover as the company may have other sources of income such as partnerships or activities in different sectors. Business volume is the total number of commercial transactions carried out in a given period including the number of sales or contracts closed. It is important to highlight that a high turnover is not always synonymous with significant profits or gains. This is because the profit margin can be low due to a large amount of expenses or poor stock management . These two metrics are essential for understanding the size of a company's commercial Phone Number List activity as well as for monitoring its evolution over time and making comparative analyzes with its competitors or the market sector average. . Turnover Turnover better known as turnover measures the replacement rate of employees in a company in a given period of time. It allows you to assess the stability of a company's workforce and the cost associated with hiring and training new team members. To calculate your turnover rate apply the formula Turnover Number of admissions Number of dismissals x Total number of employees It is important to emphasize that it is normal for all companies to lose employees at some point. But the lower the turnover rate the better. Generally an average turnover rate between and is not a cause for great concern. However this value may vary depending on the sector.
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