The Baldwin's workforce complement will grow by 20% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be

$3,642,000

Explanation:

Calculation for what would their total recruiting cost be

First step is to calculate the workforce complement after the 20% growth

Workforce complement= 506 *(1+0.20)

Workforce complement= 506*1.2

Workforce complement= 607

Second step is to calculate the total recruiting cost Using this formula

Total recruiting cost= Number of complements * ($1,000 + Recruiting spend)

Let plug in the formula for

Total recruiting cost= 607 * ($1,000 + $5,000)

Total recruiting cost= 607 * $6,000

Total recruiting cost= $3,642,000

Therefore what would their total recruiting cost be is $3,642,000

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