Chester's turnover rate for this year is 6.36%. This rate is projected to remain the same next year and no further downsizing will occur from automating. What would the total recruiting cost be for Chester, assuming it spends the same amount extra above the $1,000 recruiting base as they did this year?
number of compliment from turnover=6.36%*chester compliment
let us assume Chester compliment is 433
=433*6.36%
=28
extra amount= usually 5000 but can be less. confirm on the report
recruitment cost=28*(5000*1000)
=168,000
