Chester's turnover rate for this year is 6.30%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Chester 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 Chester next year?

$162,729

$179,002

$211,547

$195,275

Needed Complement	493	468	517	626
Complement	493	468	517	626
1st Shift Complement	427	289	388	403
2nd Shift Complement	66	179	129	222
Overtime%	0.0%	0.0%	0.0%	0.0%
Turnover Rate	7.4%	8.0%	6.3%	10.0%
New Employees	37	37	107	126
Separated Employees	619	176	0	0
Recruiting Spend	$3,000	$2,500	$5,000	$0
Training Hours	60	40	80	0
Productivity Index	106.7%	113.6%	123.7%	100.0%
Recruiting Cost	$146	$131	$643	$126
Separation Cost	$3,095	$882	$0	$0
Training Cost	$592	$374	$827	$0
Total HR Admin Cost	$3,833	$1,387	$1,470	$126
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%