What was total cost across manufacturing director positions

Reference no: EM133619988

Problem

The Board is worried about the financial impact of this. Each month a Manufacturing Director position is vacant, J&J has to pay another Manufacturing Director a bonus of $30,000 to pick up the extra work of the missing colleague.

If J&J hires a new Manufacturing Director, they would pay a monthly salary of $14,500 plus 30% of that amount as benefits. What is the financial impact of having a Manufacturing Director position remain unfilled?

Which metric would you compute for this purpose? How would you compute it - describe in words. Based on this calculation, what was the total cost across all Manufacturing Director positions that were vacant at some point in the most recent year?

Reference no: EM133619988

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