A firm's internal and external staffing costs were $50,000,and 5 people were hired,each with a starting base salary of $40,000.What would be the firm's staffing efficiency?
A)12.5%
B)25%
C)16.7%
D)125%

Question

Quizplus · Accepted Answer

Staffing efficiency is calculated as (total staffing costs / total base salaries of new hires) * 100. Here, ($50,000 / ($40,000 * 5)) * 100 = 25%.

A Firm's Internal and External Staffing Costs Were $50,000,and 5