Question
Nurses make 112 SAR per hour on average. However, the average salary for a physician is approximately 350,000 SAR per year. They normally work 8
Nurses make 112 SAR per hour on average. However, the average salary for a physician is approximately 350,000 SAR per year. They normally work 8 hours per day.
Use this information to calculate retaining employees cost for one nurse and for one doctor for the next two years. Next, calculate the costs to replace one nurse and one doctor both of whom will have relocating expenses. Some of the costs may not be relevant in your analysis.
Hiring New Staff (Costs = SAR): Marketing costs per employee: 19,000 Pay for relocation per employee: 19,000 Training per employee: 35,000 Nonproductive hours due to fatigue per employee during training period (current staff) per employee: 210
Retaining Employees:
Productive Time 260 days at 8 hours per salaried employee 224 days at 8 hours a day per hourly employee
Nonproductive Time Paid Annual Leave: 21 days per employee EID Leave: 15 days per employee Sick Leave: 30 days per employee
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