What is the payoff of investment

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You are given the following data regarding the costs and payoffs from employer-subsidized childcare arrangements in your 159-person professional services organization. Before offering childcare, employees missed 850 days of work each year. That has been cut by 170 days per year, at a cost savings of $315 per day in direct costs. Likewise, voluntary turnover among high performers has dropped by 22 percent, saving the company $1.1 million each year in costs that were not incurred. The full cost of the childcare program (design and delivery) is $650,000. What is the payoff of this investment?

Reference no: EM132927861

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