this post was submitted on 17 Jul 2023
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Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online (www.vice.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Amazon Told Drivers Not to Worry About In-Van Surveillance Cameras. Now Footage Is Leaking Online::undefined

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[–] [email protected] 6 points 1 year ago (2 children)

how can you have a turnover rate over 100%?

[–] [email protected] 16 points 1 year ago (1 children)

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.

[–] [email protected] 9 points 1 year ago (1 children)

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

  1. Company has 100 employees
  2. All 100 employees quit
  3. Company gets 100 new employees as replacement

= 100% turnover rate

Then...

  1. Company has the 100 new employees
  2. 50 of the new employees quit
  3. Company gets 50 new employees as replacement

= 150% turnover rate

and so on?

[–] [email protected] 1 points 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%20to%20calculate%20annual%20turnover,%3D%200.05%2C%20or%205%25.

[–] [email protected] 2 points 1 year ago

Turnover rates are usually described annually. If a company has to replace it's whole staff twice in a year, that's a 200% annual turnover rate.