A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
Correct Answer
B) 12.5%
Turnover rate equals separations divided by average headcount.
Why This Is the Correct Answer
Turnover rate equals separations divided by average headcount.
Why the Other Options Are Wrong
Option A: 8.0%
8.0% is below the supported result for turnover rate; it likely drops a required step.
Option C: 36.0%
36.0% is above the supported result for turnover rate; it likely adds a step the rule does not support.
Option D: 6.2%
6.2% is below the supported result for turnover rate; it likely drops a required step.
Memory Technique
Turnover Rate cart for Manager Reviews: separations first, divided second, whole units last.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Contractor's Manual, Workforce metrics and turnover tracking; verify the HR, payroll, workers compensation, or OSHA record before answering.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
A Riviera Beach field group had 38 absence hours out of 950 scheduled hours. What absence rate should be reported?