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Assume Baldwin Corp. is downsizing the size of its workforce by 15% (to the nearest person) next year from various strategic initiatives. Baldwin is planning
Assume Baldwin Corp. is downsizing the size of its workforce by 15% (to the nearest person) next year from various strategic initiatives. Baldwin is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in addition to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?
HR/TQM Report Needed Complement Complement 1st Shift Complement 2nd Shift Complement Overtime% Turnover Rate New Employees Separated Employees Recruiting Spend Training Hours Productivity Index Recruiting Cost Separation Cost Training Cost Total HR Admin Cost Labor Contract Next Year Wages Benefits Profit Sharing Annual Raise Starting Negotiation Position Wages Benefits Profit Sharing Annual Raise Ceiling Negotiation Position Wages Benefits Top INQUIRER HUMAN RESOURCES SUMMARY Baldwin 360 360 295 65 Andrews 1,018 1,017 711 306 0.1% 6.4% 65 102 $5,000 80 118,8% $388 $510 $1,627 $2.525 $31,04 2,500 2.0% 5.0% 0.0% 6.1% 22 102 $5,000 80 131.5% $132 $510 $576 $1,219 $31,04 2,500 2.0% 5.0% Chester 442 442 302 141 0.0% 10.0% 44 33 $0 0 100.0% $44 $165 SO $209 $31,04 2,500 2.0% 5.0% John Williams Digby 269 269 191 78 0.0% 8.0% 21 88 $2,500 40 119,6% $75 $438 $215 $728 $31,04 2,500 2.0% 5.0% Round: 4 December 31, 2020
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