Capism Assignment is on Investing in the productivity improvements offered by the HR module - Assumption 1 (Tab 1 in Excel spreadsheet). Provide numbers and calculations for the following: 1) cost savings for years 1-5; 2) Cost savings for the sixth year; 3) Total cost savings. Then answer: Would this justify the necessary expenditures in recruiting and training made over time?
Training Costs
Round 1 # Employees need to hire= 55 # Hours = 80 Cost per hour = $20 Total Training Costs = $88,000.00
Round 2 # Employees need to hire= 48 # Hours = 80 Cost per hour = $20 Total Training Costs = $76,800.00
Round 3 # " " = 46 # Hours = 80 Cost per hour = $20 Total Training Costs = $73,600.00
Round 4 # " " = 40 # Hours = 80 Cost per hour = $20 Total Training Costs = $64,000.00
Round 5 # " " = 45 # Hours = 80 Cost per hour = $20 Total Training Costs = $72,000.00
Round 6 # " " = 43 # Hours = 80 Cost per hour = $20 Total Training Costs = $68,800.00