Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Human Resources: Prepare a team policy position that addresses the issue, Does it make sense to invest in the productivity improvements offered by the HR

Human Resources: Prepare a team policy position that addresses the issue, "Does it make sense to invest in the productivity improvements offered by the HR module?" Suppose that your team applies the maximum to recruiting and training.

Here are the costs;

Recruiting costs per new worker are $5000

Each employee trains 80 hours per year at $20 per training hour

Workforce complement increases by 4.3% to cover the 80 hours people are in training.

Assume the following productivity payoffs:

Round 1 - 102%, Round 2 - 105%, Round 3 - 108%, Round 4 - 112%, Round 5 - 115%, Round 6 - 118%

Read the Team member Guide Capsim and answer the following investing in recruiting and training

1. At what level, if any would your team recommend investing in recruiting and training?

2. Are there factors, beyond the simple numbers, that your team should consider?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Thomas H. Beechy

5th Edition

0131236997, 9780131236998

Students also viewed these Finance questions