Baldwin's turnover rate for this year is 6.29%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Baldwin plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Baldwin next year?

Select: 1

$176,375

$208,443

$160,341

$192,409

	Andrews	Baldwin	Chester	Digby
Needed Complement	456	510	607	465
Complement	456	510	607	465
1st Shift Complement	422	388	403	289
2nd Shift Complement	34	122	204	176
Overtime%	0.0%	0.0%	0.0%	0.0%
Turnover Rate	7.4%	6.3%	10.0%	8.0%
New Employees	34	95	91	37
Separated Employees	293	0	0	179
Recruiting Spend	$3,500	$5,000	$0	$2,500
Training Hours	65	80	0	40
Productivity Index	106.1%	123.9%	100.0%	113.6%
Recruiting Cost	$153	$568	$91	$130
Separation Cost	$1,465	$0	$0	$893
Training Cost	$593	$816	$0	$372
Total HR Admin Cost	$2,211	$1,384	$91	$1,396
Labor Contract Next Year
Wages	$28.15	$28.15	$28.15	$28.15
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%