Baldwins turnover rate for this year is 632 This rate is pro

Baldwin\'s turnover rate for this year is 6.32%. This rate is projected to remain the same next year and no further downsizing will occur from automating. What would the total recruiting cost be for Baldwin, assuming it spends the same amount extra above the $1,000 recruiting base as they did this year?

$212,098

$2,795,098

$176,748

$316

Solution

Ans should be $316 as it is fully divisible by 6.32 and extra cost of recruitment figure is not given.

lets assume there are 5000 employees by T/O it comes to 5000*6.32% = 316 and by multiplying it 1000 it becomes 316000.