Lumina Inc. had 4,900 employees at the beginning of 2014. During the first half of the year, the company had no attrition. The company's profits were high, and its training and orientation programs were efficient. It continued to hire at a healthy pace and had 5,000 employees at midyear. However, in the second half of the year, 200 employees were laid off and no new hiring took place. What is Lumina's turnover rate for 2014

4 %

Explanation:

Employee turnover rate describes the rate at which employees leave a company, either voluntary or involuntary. It includes employees that separate from the organization only,  but not internal movements.

The formula for calculating employee turnover is

Turnover rate = Employees separated  x 100

 The average number of employees

The average number of employees = Beginning number + Ending number.

         2

For Lumina Inc. average number of employees

= 4900 + 5000/2

=4950

Employee turnover = 200/4950 x 100

=4 %

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henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi