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How many phone interviews should be prepared to hold

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A transportation company noted an increase in demand for its services and need to increase the number of drivers. The human resource specialist is tasked with the recruitment exercise. She retrieved the following information from the human resource past records.

Total Applicants: 323
Meets Qualifications: 259
Phone Interviewed: 114
Interviewed: 52
Job Offer: 40
Accepted Job: 37
6-month Survival: 26

The company found that running a large newspaper advertisement for one week costs about $3000 and typically results in 282 applicants and 13 job acceptances. However, paying employees a referral bonus of $150 for each applicant resulted in about 30 applicants and 28 job acceptances.

Question a. The transportation company needs to hire 20 new drivers by the end of the year. What number should they target for recruitment, i.e., how many applicants should they try to obtain?

Question b. How many phone interviews should they be prepared to hold?

Question c. How many of those 20 drivers can they expect to remain drivers after 6 months?

Question d. What are the respective costs per new hire for these sources of recruitment?

Reference no: EM132748999

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