As the assistant to the human resources director at Tally Group, you normally answer phones and...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
As the assistant to the human resources director at Tally Group, you normally answer phones and set appoint- ments for the director. You are interested in developing skills in HRM, and one day, your HR director presents you with a great opportunity for you to show what you can do. She asks you to analyze last year's recruitment data to determine which methods have worked best. As you look at the data, you aren't sure how to start, but you remember something on this from your HRM class in college. After reviewing the data in your book, you feel confident to analyze these numbers. Please go ahead and perform calculations on these numbers, then provide answers to the questions that follow. TABLE 4.2 Tally Group Recruiting Numbers, 2012 Method Temporary placement firms Campus recruiting Professional association ads Social media/company website Job fair Referrals Total Number Hired Yearly Cost ($) Total Applicants 8 3,200 53 2 1,500 26 10 4,500 331 33 300 486 3 500 18 26 26,000 168 1. Prepare a report summarizing your findings for the recruitment cost per hire and yield ratio for each type of recruiting method. 2. Make a recommendation to your human resource director on where the department should spend more of its time recruiting. As the assistant to the human resources director at Tally Group, you normally answer phones and set appoint- ments for the director. You are interested in developing skills in HRM, and one day, your HR director presents you with a great opportunity for you to show what you can do. She asks you to analyze last year's recruitment data to determine which methods have worked best. As you look at the data, you aren't sure how to start, but you remember something on this from your HRM class in college. After reviewing the data in your book, you feel confident to analyze these numbers. Please go ahead and perform calculations on these numbers, then provide answers to the questions that follow. TABLE 4.2 Tally Group Recruiting Numbers, 2012 Method Temporary placement firms Campus recruiting Professional association ads Social media/company website Job fair Referrals Total Number Hired Yearly Cost ($) Total Applicants 8 3,200 53 2 1,500 26 10 4,500 331 33 300 486 3 500 18 26 26,000 168 1. Prepare a report summarizing your findings for the recruitment cost per hire and yield ratio for each type of recruiting method. 2. Make a recommendation to your human resource director on where the department should spend more of its time recruiting.
Expert Answer:
Answer rating: 100% (QA)
1The Cost per hire Annual cost Tota Hired and the yield ratio Hired employeeApplicants is mentioned ... View the full answer
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Posted Date:
Students also viewed these accounting questions
-
You have been appointed as the assistant to the financial controller of an electronics manufacturing company and have recently attended a seminar on Activity-based costing (ABC). The company's...
-
You work as the assistant to the controller of a small, privately owned company. Part of your job is to create weekly reports of the companys inventories. For the past several months, you have been...
-
Researchers in child development are interested in developing ways to increase the spatial- temporal reasoning of preschool children. Spatial- temporal reasoning relates to the child's ability to...
-
What is the effect of a viscosity (competence) difference between strain markers and the matrix?
-
Refer to the table for Exercise 5.109. a. Find the probability that a randomly chosen respondent is a Democrat given that he or she is liberal. In other words, what percentage of the liberals are...
-
Firm DFG plans to open a foreign subsidiary through which to sell its manufactured goods in the European market. It must decide between locating the subsidiary in Country X or Country Z. If the...
-
Suppose that the firm of Example 17.6 has a value of \(\$ 200,000\) instead of \(\$ 100,000\). Perhaps this makes the bond more secure. What, in fact, is the value of the bond in this case? Example...
-
International Foods, a U.S. company, acquired two companies in 2013. As a result, its consolidated financial statements include the following acquired intangibles: Goodwill was assigned to the...
-
If the indirect method is used to calculate the intrinsic value of a company's equity. How to compare the intrinsic value per share and the value per share?
-
ABC Company provided the following information for the year ended December 31, 2021: ABC Company Statement of Financial Position As of December 31, 2021 and 2020 Assets Current assets Cash and cash...
-
President Obama used part of his commencement address at Virginias Hampton University to criticize the flood of incomplete information or downright incorrect information that flows in the 24-hour...
-
The soil under Samanthas home is rich in clay. The ground therefore has high porosity but low permeability. Would Samantha be able to build a good well in her backyard? Why or why not?
-
How do hot spots produce mountains?
-
What are the three different types of volcanoes?
-
Describe the overall topography of the ocean floor.
-
What is Earths highest point? How high is it? What is Earths lowest point? How deep is it?
-
Respond to the questions below, to discuss the concept of employee voice (EV). From what you know, what is your understanding of EV? What are the channels that are used in your experience to...
-
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
-
If a contingent liability is only a possible liability, why might not disclosing contingent liabilities constitute financial statement fraud?
-
What is the difference between unearned revenue and earned revenue?
-
(Multiple choice) 1. When vertical analysis is performed: a. Ratios are used to detect fraud. b. Changes in significant balance totals are examined. c. Financial statement balances are converted to...
-
In a collision experiment, the ratio of the velocity change between two carts of equal inertia is found to equal 1. What happens to this ratio if the experiment is repeated in the following...
-
Two objects collide on a low-friction track. Object 1 experiences a magnitude of change in velocity \(\left|\Delta \vec{v}_{1} ight|=3 \mathrm{~m} / \mathrm{s}\), while object 2 has \(\left|\Delta...
-
Two carts of equal inertia are moving in opposite directions toward each other. Figure P4.7 represents the positions of the carts until they collide. Sketch the positions of the carts after the...
Study smarter with the SolutionInn App