Question

It costs an extra $20,000 in training for each new employee hired. If 4% of your workforce is dissatisfied and will quit this year, out of a staff of 100 people, how much will it cost the company to train replacement workers

Answer 1

the amount of the cost that company incurred for training the replacement workers is $80,000

Step-by-step explanation:

The amount of the cost that company incurred for training the replacement workers is given below:

= Extra cost incurred × dissatisfied percentage × number of staff

= $20,000 × 4% × 100 people

= $80,000

hence, the amount of the cost that company incurred for training the replacement workers is $80,000