Question
Calculate annual turnover cost at your operation for the following 3 positions: 1) Position: Sales Associate Average wage: $9.25/hr Cost of Benefits: 32% Number of
Calculate annual turnover cost at your operation for the following 3 positions: 1) Position: Sales Associate Average wage: $9.25/hr Cost of Benefits: 32% Number of employees: 70 Number of turnovers: 15 Turnover cost %: 40% 2) Position: Sales Manager Average wage: $3,450/mo Cost of Benefits: 38% Number of employees: 15 Number of turnovers: 5 Turnover cost %: 100% 3) Position: Regional Manager Average wage: $5,900/mo Cost of Benefits: 42% Number of employees: 3 Number of turnovers: 1 Turnover cost %: 300% Identity the following as you complete this activity: How many hrs are worked weekly? monthly? annually? What is the annual salary by position? How much will your losses cost for each position? For all losses?
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