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Additional Case 3.1
You have been hired as HR Director of a company with about 100 employees. As you begin to learn about the company, you discover that female managers are paid about 20% less than their male counterparts. When you ask why, the CEO explains that men have families to support and women are earning extra income. As you review personnel files, it becomes apparent that protected-class employees are promoted less often and have longer terms between promotions and raises than white employees. A test is used as part of the promotion process, and protected-class candidates always do about 25% worse on it than white candidates. Another test is used to screen job applicants. It screens out about 25% of white male applicants and about 50% of protected-class applicants.
The firm has a hazardous products division. Traditionally, women are not hired or promoted into that division because the CEO is concerned that the toxic nature of the production process will adversely affect the female employees' reproductive processes.
-Refer to Additional Case 3.1.For your company's recruiting test to pass the four-fifths rule,about ________ of employees would need to pass it.
First-In, First-Out Method
An inventory valuation method that assumes goods are sold in the order they are acquired, with the oldest items sold first.
Equivalent Units
A concept in cost accounting used to allocate costs to partially completed units of production, making them comparable to fully completed units.
Conversion Costs
The sum of direct labor costs and manufacturing overhead costs incurred to convert raw materials into finished goods.
Completion Ratios
A measure used to evaluate the extent to which a task, project, or goal has been completed, often expressed as a percentage.
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