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Compute the cost per hire for following scenario. Demonstrate your computation for partial credit. If you only give one number, and it is incorrect, I will not know how close you were to getting it right.


Advertisements: 1 ad at $1100, 1 ad at $475, and 2 ads at $850 each
Agency fees: none
Recruiter Salary: 48,000
Fringe: 32%
Applicants: 160
Recruiter interviewed 10% of total applicants for 1.5 hours each
Relocation $4,000 each
Hires: 2

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