Recruiting the store manager externally costs Silverwood Furniture: 380 pounds for job advertising, 1,750 pounds in recruitment agency fees, and 270 pounds in staff time for interviewing and administration. The store manager role pays an annual salary of 32,000 pounds.
(a)Calculate the total cost of recruiting the store manager.(2)
(b)Using your answer to part a, calculate the total recruitment cost as a percentage of the store manager's 32,000 pound annual salary.(2)
(Total for Question 10 is 4 marks)