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Inga [223]
3 years ago
14

The Digby's workforce complement will grow by 20% (rounded to the nearest person) next year. Ignoring downsizing from automating

, what would their total recruiting cost be? Assume Digby spends the same amount extra above the $1,000 recruiting base as they did last year.
Business
1 answer:
Lerok [7]3 years ago
5 0

Complete Question:

Baldwin's workforce complement (number of employees) will grow by 10% next year. Baldwin spends the same amount extra above the $1,000 recruiting base, which is $694 per employee. Complement/work force was 434 and New Hires were 67 for last year. What will they spend this year on recruiting this year?

Answer: $84,700

<u>Explanation:</u>

Total employees = 434 + 67 = 501

As mentioned in the question that Baldwin's workforce will increase by 10%.

Hence, existing employees x 110% = 501 x 110% = 551 (Ignore the decimal as employees cannot be in decimal) Increase of 50 employees

Baldwin will spend $694 + $1,000 = $1,694

Therefore, for 50 employees he would spend $1,694

Baldwin would spend a total of (50 x $1,694) = $ 84,700

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Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

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<u>First, we need to calculate the employed people:</u>

<u></u>

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labor force participation rate= (employed people/labor force)*100

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4 0
3 years ago
An auto manufacturer is considering adding new automation to their assembly line to reduce production costs. The manufacturer is
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Answer:

Check the explanation

Explanation:

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3 years ago
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4 0
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4. Tom Busby owes $20,000 now. A lender will carry the debt for four more years at 8 percent interest. That is, in this particul
bezimeni [28]

Answer:

Tom Busby

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= $4,091.64

Explanation:

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8 0
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