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4. HRI would like to increase the services offered and needs to hire additional staff (for multiple departments) to do so. The organization needs additional
4. HRI would like to increase the services offered and needs to hire additional staff (for multiple departments) to do so. The organization needs additional clinical as well as administrative staff to make things work and to ensure the highest quality of care for the patients. The newest Surgeon has been with the company for just 9 months (with incurred salary expenses of $250,000) and the Finance Manager for 7 months (with incurred salary expenses of $75,000). To add an additional surgeon and an additional finance manager, leadership would like to estimate a few expenses. Calculate the following to help with the decision-making: 1) the estimated annual salary of a new surgeon, 2) the estimated annual salary of a new finance manager, 3) fringe benefits for each position, at a rate of 30%, and 4) onboarding and training sessions for each position, for a total of 40 hours each. Assume that the annual hours worked is 2,080 hours. (20 points) 4. HRI would like to increase the services offered and needs to hire additional staff (for multiple departments) to do so. The organization needs additional clinical as well as administrative staff to make things work and to ensure the highest quality of care for the patients. The newest Surgeon has been with the company for just 9 months (with incurred salary expenses of $250,000) and the Finance Manager for 7 months (with incurred salary expenses of $75,000). To add an additional surgeon and an additional finance manager, leadership would like to estimate a few expenses. Calculate the following to help with the decision-making: 1) the estimated annual salary of a new surgeon, 2) the estimated annual salary of a new finance manager, 3) fringe benefits for each position, at a rate of 30%, and 4) onboarding and training sessions for each position, for a total of 40 hours each. Assume that the annual hours worked is 2,080 hours. (20 points)
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