Reference no: EM133566583

Question

Two years ago, turnover at Vendor Company X was very high: 50% of new employees quit their jobs within three months of being hired. Last year, only 10% of new employees hired by Vendor Company X quit their jobs within three months of being hired. Which of the following statements, if true, does NOT offer a viable explanation for the improvement in turnover rate? radio_button_unchecked Last year, supervisors worked harder than ever to help new employees feel welcome. radio_button_unchecked The 50% turnover rate was very unusual for Vendor Company X: most years, the rate is between 8% and 12%. radio_button_unchecked Last year, Vendor Company X increased the starting pay rate for new employees. radio_button_unchecked Two years ago, it was estimated that every employee who quit within three months of hire cost Vendor Company X $18,500. radio_button_unchecked Two years ago, there were many other job opportunities available for employees leaving Vendor Company X; last year, most of those opportunities disappeared.