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...
View Full Essay