Question: Chapter 13 Assignment Strategy: Using Staffing Metrics Metrics are only informationits up to you to interpret and use them. Interpret the following metrics and identify

Chapter 13 Assignment

  1. Strategy: Using Staffing Metrics Metrics are only informationits up to you to interpret and use them. Interpret the following metrics and identify what they might mean by addressing the questions that follow them.

a. Compare the following two recruiting sources:

1. Which program do you conclude is better?

Source XSource YCost$200,000

$200,000

Number of new hires2010Cost per hire$10,000

$20,000

2. If the hires from source X are retained for two years, and the hires from source Y are retained for five years, would your conclusion change?

3. What additional information would you need to make a recommendation about the source thats preferable

b. The turnover rates of different employee subgroups of a firm are as follows:

Employee Group

Turnover Rate (%)Under 6 months tenure856 months to 1-year tenure601 to 2 years30Over 2 years12

High performers

25Moderate performers20

Low performers

10

1. In what ways is turnover a problem for this company?

2. How could the company address the situation?

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