Calculate annual turnover cost

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Reference no: EM13842040

Calculate annual turnover cost at your operation for the following 3 positions:

1) Position: Sales Associate        Average wage: $9.25/hr         Cost of Benefits: 32%

Number of employees: 70           Number of turnovers: 15         Turnover cost %: 40%

2) Position: Sales Manager        Average wage: $3,450/mo      Cost of Benefits: 38%

Number of employees: 15           Number of turnovers: 5           Turnover cost %: 100%

3) Position: Regional Manager    Average wage: $5,900/mo      Cost of Benefits: 42%

Number of employees: 3            Number of turnovers: 1            Turnover cost %: 300%

Identity the following as you complete this activity:

• How many hrs are worked weekly? Monthly ? Annually ?

• What is the annual salary by position?

 

How much will your losses cost for each position? For all losses?

Reference no: EM13842040

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