Staffing Efficiency Ratio Is Calculated by ________

question 40

Multiple Choice

Staffing efficiency ratio is calculated by ________.

• A)multiplying a firm's total staffing costs with the total compensation of the new hires divided by 100
• B)dividing the total compensation paid to new hires by the number of new hires multiplied by 100
• C)dividing a firm's total staffing costs by the total compensation of the new hires multiplied by 100
• D)multiplying the compensation paid to new hires with the total number of new hires divided by 100

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Definitions:

Strawberry Pickers

Laborers who are engaged in harvesting strawberries from farms or fields, often seasonal work.

Supply of Strawberries

The total quantity of strawberries that producers are willing and able to sell at a given price over a specified period of time.

Need for Pickers

The demand for laborers who manually harvest crops or pick goods in industries such as agriculture or warehousing.

Competitive Industry

An industry in which many firms compete against each other to sell similar products or services.