Question 4
[Maximum number: 5]
Analyse one benefit to a business of low labour turnover.
CAIE A-Level Business 2.1.2 Workforce planning
Practise using workforce plans and labour turnover data to explain staffing needs, costs and implications for business performance.
How this is tested
- calculate labour turnover from table or case data using the correct formula
- interpret high or low labour turnover and its impact on costs or stability
- explain why a business may produce a workforce plan for staffing decisions