The method of computing the turnover rate is similar to that of derermining the absenteeism rate-the number of separations is divided by the number employed at the pay period nearest the middle of the month, and the resultant fraction is convered to a precentage. For exsample, if there are 1.000 employess and there are 20 separations during yhe month, the rate for that month is 20/1000, or 2 percent.In order to ascertain how is stands, a company should merely compare ist figures with those of the Bureau of Labor Statistics, or the Commerce and Industry Association. it is also helpful to secure figures from similar business in the same area, if they are available.It is well to note that high turnover rates will also increase unemployement insurance tax rates and very probably accident insurance rates, since accident tend to increase as turnover increases.
Lord Manners was a rich and famous banker. When he died, he was given a magnificent funeral which was attended by hundreds of famous people. The funeral was going to be held in Westminster Abbey. Many ordinary people lined the streets to watch the procession. The wonderful black and gold carriage was drawn by six black horses. The mourners followed in silence. Lord Manners was given a royal farewell. Two tramps were among the crowd. They watched the procession with amazement. As solemn music could be heard in the distance, one of them turned to the other and whisper in admiration, "Now that's what I call really living!"