Calculate annual turnover cost at your operation for the, Ask an Expert

Management Studies

Calculate annual turnover cost at your operation for the following 3 positions:

1) Position: Sales Associate Average wage: $9.25/hr Cost of Benefits: 32%

Number of employees: 70 Number of turnovers: 15 Turnover cost %: 40%

2) Position: Sales Manager Average wage: $3,450/mo Cost of Benefits: 38%

Number of employees: 15 Number of turnovers: 5 Turnover cost %: 100%

3) Position: Regional Manager Average wage: $5,900/mo Cost of Benefits: 42%

Number of employees: 3 Number of turnovers: 1 Turnover cost %: 300%

Identity the following as you complete this activity:

• How many hrs are worked weekly? Monthly ? Annually ?

• What is the annual salary by position?

How much will your losses cost for each position? For all losses?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91411848

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