Using the following information to answer the questions. Two years ago, a new Re
ID: 407554 • Letter: U
Question
Using the following information to answer the questions. Two years ago, a new Recruitment Manager was hired at Badger Care, a transportation services company specializing in the transportation of disabled individuals. She began to track recruitment and hiring statistics and found that over the last two-year period, Badger Care had the following historical record:
Total Applicants
Meets Minimal Quals.
Phone
Interviewed
Interviewed
Job Offer
Accepted Job
6 Month Survival
323
259
115
52
40
37
26
Badger Care, needs to hire 20 new drivers by the end of the year. What number should they target for recruitment (i.e., how many applicants should they try to obtain)?
B. How many phone interviews should they be prepared to hold?
C. How many of those 20 drivers can they expect to remain drivers after 6 months?
D. Badger Care found that running a large newspaper ad for one week costs about $3000 and typically results in 282 applicants and 13 job acceptances. However, paying employees a referral bonus of $150 for each applicant results in about 30 applicants and 28 job acceptances. What are the respective costs per new hire for these sources of recruitment?
Total Applicants
Meets Minimal Quals.
Phone
Interviewed
Interviewed
Job Offer
Accepted Job
6 Month Survival
323
259
115
52
40
37
26
Explanation / Answer
(A)
The probability of accepting the jobs = 37 / 323 = 0.1146
If 20 acceptance is required, the number of applicants should be = 20 / 0.1146 = 175 (rounded off)
(B)
Proportion of phone interviews = 115 / 323 = 0.356
So, the number of phone interview needed for 175 applicants = 175 x 0.356 = 62 (rounded off)
(C)
The probability of 6 month survivals given the job is accepted = 26 / 37 = 0.70
So, out of 20 drivers, 6 month survivors will be = 20 x 0.70 = 14 (rounded off)
(D)
Newspaper ad
Total spend = $3,000
Accepted = 13, So, cost per new hire = $3000 / 13 = $230.8 per new hire
Referral bonus
Total spend = 30 x 150 = $4,500
Accepted = 28, So, cost per new hire = $4500 / 28 = $160.7 per new hire
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.