Separation refers to an employee who has left a business, whether the employee has quit or was fired. Employment records for three businesses are as follows: Gizmo Inc.: 700 employees, 56 separations; WidgeCo: 1,800 employees, 108 separations; Techno Builders: 1,200 employees, 78 separations. Calculate their employee turnover rate percentages. Why would these numbers be useful to human resource people? Turnover rate = Number of separations ÷ Number of employees Turnover rates: Gizmo Inc.= ________ WidgeCo = __________ Techno Builders = ________ Company with highest rate: _____________ Lowest rate: ___________

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