Question

a company hires an employee with a family of 4 for a salary of $130,000 over 2 other candidates. if the employee sold her house for $380,000, what is the total recruiting expense?
recruitment costs
interview costs: $2,000 per person
job posting fee: $1,000
1st year fee: 10%
real estate fee: 6% of sales price
shipping fee: $4,000
family travel cost: $400 per person

Explanation:

Step1: Calculate Interview Costs

There are 3 candidates (the hired one + 2 others), so interview cost is $2000×3 = 6000$.

Step2: Job Posting Fee

Job posting fee is $1000$.

Step3: 1st Year Fee

1st year fee is 10% of $130000$, so $0.1×130000 = 13000$.

Step4: Real Estate Fee

Real estate fee is 6% of $380000$, so $0.06×380000 = 22800$.

Step5: Shipping Fee

Shipping fee is $4000$.

Step6: Family Travel Cost

Family has 4 people, so travel cost is $400×4 = 1600$.

Step7: Sum All Costs

Total cost = 6000 + 1000 + 13000 + 22800 + 4000 + 1600 = 48400.

Answer:

$48400$