Part 1: Using this week’s course readings and supplemental readings, summarize (1-2 paragraphs) the importance of reviewing ROI for investments in human resources
Part 2: How much of a cost savings might you expect in the seventh year? What are the savings for all 6 years? What are the Recruiting and Training costs? Would the total cost savings justify the necessary expenditures in recruiting and training made over time?
Part 3: Assume your turnover rate doubles and no increase in workforce size. Are the Recruitment and training costs still justified?