Cost per hire & Yield ratio Calculations:

Your team to calculate the following based on the scenarios provided and submit your calculation in Moodle: (No late submission will be accepted)

1. For hiring two people, if your the company paid $50 for advertising, $10 in employee referrals, $500 in relocation expenses and $20 in internal recruiting costs, what would be your company's cost per hire?

2. Calculating the manager salary cost during hiring: If your hiring manager makes $80,000 a year, and spends two hours posting a job, eight hours reviewing resumes, and 10 hours interviewing candidates what would be the salary cost per hour for this hiring?

2. What is Yield ratio for interview offer from the following sources:

	Recruitment sources
	Colleges & Universities	Agencies	referrals	LinkedIn	Newspaper ads	Company website
# of resume generated	100	10	10	50	25	150
Interview offers accepted	20	3	7	20	2	30
Yield ratio	?	?	?	?	?	?