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The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost
The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Baldwin spends the same amount extra above the $1,000 recruiting base as they did last year.
Relevant information: The workforce complement this year is 515k, recruiting cost is 630k, recruiting spend is 5000k.
Answer choices: $3,396,000 $2,830,000 $306,000 $255,000
Needed Complement Complement 1st Shift Complement Turnover Rate 10 Separated Employees Recruiting Spend $5,000 $2.500 Hours Productivity Index 123.6% 5372 89 Total HR Admin Cost Labor Contract Next Year Annual Raise 5.0% Needed Complement Complement 1st Shift Complement Turnover Rate 10 Separated Employees Recruiting Spend $5,000 $2.500 Hours Productivity Index 123.6% 5372 89 Total HR Admin Cost Labor Contract Next Year Annual Raise 5.0%Step by Step Solution
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