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2. Calculate the costs if turnover were reduced to 7%. Number Job Number Openings Level Employees @ 7% Hiring Cost Turnover Minimum Training Cost Total

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2. Calculate the costs if turnover were reduced to 7%. Number Job Number Openings Level Employees @ 7% Hiring Cost Turnover Minimum Training Cost Total Cost (Hiring + Training) 5 20 4 25 3 3 50 N 60 1 500 Total 3. How much more must the company spend on staffing each quarter with turnover at 10% compared to turnover of 7%? 4. What indirect costs can you identify that are connected to high turnover? 5. What factors affect turnover

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