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HUMAN RESOURCES SUMMARY Andrews Baldwin Chester Digby Needed Complement 721 558

ID: 2498407 • Letter: H

Question

HUMAN RESOURCES SUMMARY

Andrews

Baldwin

Chester

Digby

Needed Complement

721

558

460

573

Complement

721

558

460

573

1st Shift Complement

598

395

297

400

2nd Shift Complement

123

163

164

173

Overtime%

0.0%

0.0%

0.0%

0.0%

Turnover Rate

6.9%

10.0%

8.0%

6.1%

New Employees

248

56

37

66

Separated Employees

0

122

16

0

Recruiting Spend

$2,000

$0

$2,500

$5,000

Training Hours

80

0

40

80

Productivity Index

108.1%

100.0%

116.0%

126.8%

Recruiting Cost

$744

$56

$129

$398

Separation Cost

$0

$612

$80

$0

Training Cost

$1,154

$0

$368

$917

Total HR Admin Cost

$1,897

$668

$577

$1,315

Labor Contract Next Year

Wages

$29.56

$29.56

$29.56

$29.56

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%

Refer to the HR Report section of the Inquirer. Chester will continue to keep their current hourly levels of training in order to help reduce turnover and improve productivity next year. How much must be spent per employee on an hourly basis to maintain the current training commitment? Select: 1 $20 $9,206 $18 $31

Explanation / Answer

Traning hours for Chester = 40 (will continue to keep)

Total training cost = $368,000

Total number of complements = 460

So, training cost per hour per employee = $368,000 / (460 x 40) = $20.