Question
Ups and Downs, Inc., is a 4000-employee organization with a serious turnover problem. What are the individual and total turnover costs for this firm? a.
Ups and Downs, Inc., is a 4000-employee organization with a serious turnover problem. What are the individual and total turnover costs for this firm?
a. Because the moving expense is $7500 per person ($75,000 divided by 10), you would use 1080 as the number of new hires.
b. The total number of instructions is total number of hires divided by 2 (because 2 people are assigned to each experienced employee for On The Job (OTJ) training.
c. Yes, the average cost of HR employees is $33/hr, as it says in the first part of the problem. Instructors are not HR staff. Trainers earn a higher average rate.
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