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I'm trying to get the answers to form 1.3 (pg. 25) in the Human Resource Management Applications: Cases, Exercises, Incidents, and Skill Builders 7th Edition.

I'm trying to get the answers to form 1.3 (pg. 25) in the Human Resource Management Applications: Cases, Exercises, Incidents, and Skill Builders 7th Edition. I feel that I am not coming up with the correct data. Anything will help.

Percent Turnover per year

Personnel 1 2 3 4
Executive (n=127) 12.8 11.5 9.2 8.3
Physician (n=367) 18.1 17.6 17.9 15.6
Other Professionals (n=615) 22.6 22.1 18.3 15.6
Nonprofessional (n=804) 29.0 26.3 27.1 24.3

Average Cost of Turnover per Individual Over the Four-Year Period by Personnel

Executive Physician Other Professional Nonprofessional
$11,837.50 $14,483.50 $6,433.00 $3,528.50

Form 1.3 Calculation of benefits of Higher Employee Retention Using a Base of Year One

(Savings in a Year)

Personnel Two Three Four Total Savings
Executive
Physician
Other Professional
Nonprofessional
All Categories

I don't understand how this is insufficient data and maybe this is why I don't believe I'm getting the correct information. For example, if in year one for executives, there was a decrease from 12.8 to 11.5 percent (1.3%), wouldn't that mean you take 1.3% X 127 (N) to get the total number of employees that decreased, then take that number and multiply it by the average total turnover cost ($11,837.50) to get the savings for year two?

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