Assume Digby Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. Digby 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 additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?

Select: 1Save Answer (A) $120,330 (B) $292,230 (C) $1,082,970 (D) $2,630,070

HUMAN RESOURCES SUMMARY

	Andrews	Baldwin	Chester	Digby
Needed Complement	333	682	383	573
Complement	333	682	383	573
1st Shift Complement	333	409	254	375
2nd Shift Complement	0	273	129	199
Overtime%	0.0%	0.0%	0.0%	0.0%
Turnover Rate	6.6%	10.0%	7.9%	5.9%
New Employees	22	106	30	34
Separated Employees	32	0	185	100
Recruiting Spend	$5,000	$0	$2,500	$5,000
Training Hours	80	0	40	80
Productivity Index	117.8%	100.0%	116.6%	129.3%
Recruiting Cost	$131	$106	$106	$205
Separation Cost	$160	$0	$925	$499
Training Cost	$533	$0	$307	$917
Total HR Admin Cost	$824	$106	$1,338	$1,620
Labor Contract Next Year
Wages	$31.04	$31.04	$31.04	$31.04
Benefits	2,500	2,500	2,500	2,500
Profit Sharing	2.0%	2.0%	2.0%	2.0%
Annual Raise	5.0%	5.0%	5.0%	5.0%