Question: You have 2,450 employees and are trending at 6 percent turnover rate. Your production employees account for 83 terminations at an individual cost of $48,500. Clerical employees account for 52 terminations with a cost of $39,000. Management employee termination costs $74,000. A total of 74 employees used the EAP. This consisted of 42 production employees, 26 clerical employees, and 6 management employees. After EAP involvement, 17 production employees, 18 clerical employees, and 3 management employees are terminated. You have a budget of $525,000 and saw medical costs of $155,000. What is the ROI of the EAP?
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| A | $1.83 for every dollar invested | | B | $1.36 for every dollar invested | | C | $1.57 for every dollar invested | | D | $1.13 for every dollar invested | |
Question: You have 2,450 employees and are trending at 6 percent turnover rate. Your production employees account for 83 terminations at an individual cost of $48,500. Clerical employees account for 52 terminations with a cost of $39,000. Management employee termination costs $74,000. A total of 74 employees used the EAP. This consisted of 42 production employees, 26 clerical employees, and 6 management employees. After EAP involvement, 17 production employees, 18 clerical employees, and 3 management employees are terminated. You have a budget of $525,000 and saw medical costs of $155,000. What is the ROI of the EAP?
|
| A | $1.83 for every dollar invested | | B | $1.36 for every dollar invested | | C | $1.57 for every dollar invested | | D | $1.13 for every dollar invested | |
C $1.57 for every dollar invested
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