Unformatted text preview: each of the positions. 1) Machine Operator Target Positions: 250 # of Terminations: 85 Average Wage Rate: $11.50/per hour Cost of Benefits as a %: 28% Turnover Cost as a %: 33% 2) Accountant Target Positions: 50 # of Terminations: 18 Average Wage Rage: $3,500/per month Cost of Benefits as a %: 30% Turnover Cost as a %: 100% 3) Vice President of Marketing Target Positions: 5 # of Terminations: 2 Average Wage Rate: $8,500/per month Cost of Benefits as a %: 40% Turnover Cost as a %: 350% Questions: 1. What is the cost of turnover for each of the positions, as well as the overall cost to the organization for employee turnover in these jobs? 2. What is your perception of the outcomes?...
View Full Document
- Management, Employee Benefit, senior management, turnover