Erica helped a sales manager place an ad on job boards and hire 5 new salespeople.She calculates that the total cost to recruit and select these employees was $200,000.What was the cost per hire for this recruiting effort?
A) $40,000
B) $5,000
C) $1,000,000
D) $10,000
E) $200,000

Question

Quizplus · Accepted Answer

The cost per hire is calculated by dividing the total cost by the number of hires. $200,000 divided by 5 hires equals $40,000 per hire.

Erica Helped a Sales Manager Place an Ad on Job