Pre-Employment Referencing Tutorial
1. Newspaper advertising..............................................
Salary.............................................................
2. # of months to productivity........................................
Cost of benefits..................................................
3. Interviewing time:
A) Management per hour............................................
B) Supervisor per hour............................................
C) Personnel per hour.............................................
Personnel/Admin. Costs.............................................
Processing paperwork...............................................
Arranging Interviews...............................................
Medical examination................................................
Orientation/security...............................................
Travel/entertainment...............................................
Thinking time......................................................
Relocation/perks/other.............................................
Sub-total $.............
INDIRECT COSTS
Training & job familiarization.......................................
Lost production/sales................................................
Unbudgeted overtime..................................................
Departing employee costs.............................................
Substandard job performance..........................................
Sub-total $............
RISK COSTS
Inefficient/poor management decisions................................
Fraud/embezzlement/theft.............................................
Poor morale..........................................................
Alcoholism/drug abuse................................................
Lost business opportunities..........................................
Other risk costs.....................................................
Sub-total $............
Grand Total $............
What is your current annual employee turnover?.......................
How much of it was unplanned?........................................

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