$208,080 Assume Digby Corp. is downsizing the size of their workforce by 10% (to
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$208,080
Assume Digby Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. Digby is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year? Select: 1 $771,120 $85,680 $1,872,720$208,080
COMP XM INQUIRER Google Chrome O ww2.capsim.com/cgi-bin/CpCGIReports2011.exe?studentKey 1602299&simid-C595598uround; 88Report Cap R/TGM Report INOUTRER Kendall Bortner Decems 31, 2021 HUMAN RESOURCES SUMMARY Baldwin 500 500 Needed Complement Complement st Shrt Complemert 2nd Shi c 1521 1521 408 0.0% 6. 7% 0.0% 0.0% 6.1% 0.0% Tumovr Rate New Employees Separaled Empkoyee3 Recruting Spend Training Hours Producthity Index 38 S0 5.000 2,500 5,000 52.002 30 52 434 54 436 S50 Recruting Cost Separaton Cost Training Cost 882 3104 3199 HR Admin Cost $1,001 Labor Contract Next Year 531.04 2 500 20% 5.0% 531.04 2,500 20% 531.04 2500 2 0% 531.04 ProR Sharing Annual Raise 2 0% Starting Negotiation Poaition Prott Sharing Annual Rabe Ceiling Negotiation Position Proft Sharing Annual Raise Adjusted Labor Demands Prott Sharing Slrike Day 430 PM O Type here to search @ AyR ?4x4/19/2018 ^Explanation / Answer
How much will the company pay in separation costs if these exit interviews are implemented next year?
Answer = $18,72,720
Size of workforce existing complement * 10% = 408 x 10% = 40.80
New workforce = 408 – 40.8 = 367.2
Separation costs = New workforce*cost per employee
= ($100 + $5000) x 367.2
= $18,72,720
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