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The 100 employee company suffered from a righ turnover rate and decided to launch a...

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The 100 employee company suffered from a righ turnover rate and decided to launch a new training program that averages 50 hours per year per employee to increase employee job satisfaction. Before the new training program, the average turnover rate was 30% per year. The cost to recruit and train one new employee was 545,535. The average employee wage is 540 per hour. Instructor classroom, and other costs come to $135,000. If the turnover rate dropped from 30% to 15% after the training, what is the ROI of this new training program? 04.05 2.41 01.03 5.05

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