This is the first line in an article about the fast food industry: “With the fast-food industry facing 150% annual turnover rates, brands are turning to Miso’s AI-powered kitchen robot, Flippy, to help increase profits…” How can you have more than 100% turnover? Thank you.
In: Economics
If I remember right, it’s based on the number of positions available.
So if you have 10 positions for a spot or team, and 10 people leave from there in a year, that’s 100% turnover rate for that year. If 20 people leave that year, it’s 200% turnover rate.
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