Scribd
Upload
2 views

LABOUR RATIO

The document outlines various labor ratios used to assess productivity and efficiency in the workplace. It includes formulas for calculating Labor Productivity Ratio, Labor Efficiency Ratio, Labor Capacity Ratio, Idle Time Ratio, and Turnover Ratio. Each ratio is defined with its respective calculation method to evaluate labor performance metrics.

Uploaded by

saad shahid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2 views

LABOUR RATIO

The document outlines various labor ratios used to assess productivity and efficiency in the workplace. It includes formulas for calculating Labor Productivity Ratio, Labor Efficiency Ratio, Labor Capacity Ratio, Idle Time Ratio, and Turnover Ratio. Each ratio is defined with its respective calculation method to evaluate labor performance metrics.

Uploaded by

saad shahid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

LABOUR RATIO

Tuesday, June 14, 2022 10:13 PM

1. LABOUR PRODUCTIVITY RATIO

STANDARD HOURS PERUNIT * ACTUAL OUTPUT/TOTAL BUDGETED HOURS*100

2. LABOUR EFFICIENCY RATIO

STANDARD HOURS PERUNIT*ACTUAL OUTPUT/ACTUAL HOURS WORKED*100

3. LABOUR CAPACITY RATIO


ACTUAL HOURS WORKED/TOTAL BUDGETED HOURS*100

4. IDLE TIME RATIO

IDLE HOURS/TOTAL HOURS*100

5. turnover ratio

number of leavers who require replacement/average number of employees*100

opening year number of employees+closing year number of


employees/2

LABOUR RATIO'S Page 1

You might also like