MGMT 3610 In 2011, company A had a total of 1,000 salaried employees. Workers in company A have a 5 employee is $110,000-which includes benefits. HR Metrics Practice Exercise day work week and a standard 8-hour work day. The annual worker compensation for an In the following year (2012), company A hired an additional 200 people, which cost them $60,000. During that recruitment drive, 500 people were offered jobs but only 200 joined the company. During the last month, there were 215 reported absences. Additionally, 100 employees quit the company last year. Calculate the following HR Metrics for year 2013 with the information given above. Show all steps in your calculation. a) Workers' compensation cost per employee (Total annual workers'compensation cost/Average number of employees) b) Cost per hire (Recruitment costs/total cost of compensation and benefits) c) Job offer acceptance rate (number of job offers acceptedumber of job offers extended) d) Absence rate (number of employee absences/(average number of employees during the period x the 660,000/ is number of workdays) e) Turnover rate (number of employees leaving/average number of employees during the same period) 100 Use a 30-day work period per month, and show calculations for January 2013. Note: As we discussed in class, the 'average' number of employees for year 2013 can be calculated in several different ways, depending on criteria set by the organization (e.g. number of employees at end-2012, average between start 2012 and end 2012; etc). You must do this exercise explaining what principles you used to calculate the annual average. Show all steps of your calculation to help you avoid calculation errors