Calculating and Understanding HR Data: Labor Productivity and Turnover

The video tutorial explores the significance of HR data, focusing on labor productivity and turnover. It highlights the importance of objective data for managers to assess workforce performance, free from social biases. The tutorial explains how to calculate labor productivity and turnover, using examples to illustrate these concepts. It also discusses the causes and effects of labor turnover, emphasizing the impact on business costs and potential benefits of new ideas from fresh employees.

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