Experts estimate that,on average,the costs associated with replacing an employee are about ________ the employee's annual salary.
A) one-quarter of
B) one-half of
C) one and one-half times
D) twice

Question

Quizplus · Accepted Answer

Studies and research have shown that replacing an employee is an expensive process. It is estimated that the cost associated with finding, recruiting, and training a new employee can be about one and a half times the cost of the employee's annual salary. This is because the cost comprises of direct costs such as advertising, recruitment, and training, as well as indirect costs such as the loss of productivity and the time spent by co-workers in assisting and mentoring the new employee. Therefore, option C is the best choice.

Experts Estimate That,on Average,the Costs Associated with Replacing an Employee