PLEASE EXPLAIN WHY??? Baldwin's turnover rate for this year is 6.31%. This rate is projected...

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Accounting

PLEASE EXPLAIN WHY???

Baldwin's turnover rate for this year is 6.31%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Baldwin plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Baldwin next year?

Select: 1 $147,363 $191,572 $176,835 $162,099

Andrews Baldwin Chester Digby
Needed Complement 701 467 650 402
Complement 701 467 650 402
1st Shift Complement 495 379 403 288
2nd Shift Complement 206 88 246 114
Overtime% 0.0% 0.0% 0.0% 0.0%
Turnover Rate 6.9% 6.3% 10.0% 8.0%
New Employees 154 62 145 32
Separated Employees 0 0 0 210
Recruiting Spend $2,500 $5,000 $0 $2,500
Training Hours 80 80 0 40
Productivity Index 105.9% 124.8% 100.0% 113.9%
Recruiting Cost $538 $375 $145 $113
Separation Cost $0 $0 $0 $1,048
Training Cost $1,122 $747 $0 $322
Total HR Admin Cost $1,660 $1,121 $145 $1,483
Labor Contract Next Year
Wages $28.15 $28.15 $28.15 $28.15
Benefits 2,500 2,500 2,500 2,500
Profit Sharing 2.0% 2.0% 2.0% 2.0%
Annual Raise 5.0% 5.0% 5.0% 5.0%

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