Policy
Policy Evaluation
Part A - Cost of each situation
NONEXEMPT Machine Operator
1. Number of the target positions that you employ: 250
2. The number that quit in the last 12 months: 85
3. Your turnover percentage is: 34.00%
4. Average wage rate for target position: $11.50 Per Hour
5. Cost percentage of benefits for nonexempt: 28%
6. The position's total compensation is: $30617.6
7. Turnover cost percentage for nonexempt: 30%
8. Your turnover cost for nonexempt employees is: $780,749
EXEMPT Accountant
1. Number of the target positions that you employ: 50
2. The number that quit in the last 12 months: 18
3. Your turnover percentage is: 36.00%
4. Average wage rate for target position: $3,500.00 Per Month
5. Cost percentage of benefits for exempt: 30%
6. The position's total compensation is: $54600
7. Turnover cost percentage for exempt: 100%
8. Your turnover cost for exempt employees is: $982,800
EXECUTIVE Vice President Marketing
1. Number of the target positions that you employ: 5
2. The number that quit in the last 12 months: 2
3. Your turnover percentage is: 40.00%
4. Average wage rate for target position: $8,500.00 Per Month
5. Cost percentage of benefits for executive: 40%
6. The position's total compensation is: $142800
7. Turnover cost percentage for executive: 350%
8. Your turnover cost for executive employees is: $999,600
Your total employee turnover cost is: $ 2,763,149
Part B
Tuition Program Policy
Tuition Program Policy
Professional Development
The Company, will reimburse for expenses related to graduate degree programs.
With the rapid advances in technology, the company believes that lifelong...
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