Question

Company B needs to hire 30 new employees. Ten percent (10%) of applicants do not

meet the basic business requirements for the job, 12% of the remaining applicants
do not pass the pre-screening assessment, 23% of those remaining applicants do
not show up for the interview, and 5% of those remaining applicants fail the
background investigation. How many applicants need to apply in order to meet the
hiring target?

Answer 1

Answer: Company B needs at least 48 applicants to apply in order to meet the hiring target of 30 new employees.

Explanation:

Let's first find out the percentage of applicants who pass each stage of the hiring process:

Percentage who pass basic requirements = 100% - 10% = 90%

Percentage who pass pre-screening assessment = 100% - 12% = 88%

Percentage who show up for interview = 100% - 23% = 77%

Percentage who pass background investigation = 100% - 5% = 95%

To find the number of applicants needed to meet the hiring target, we can work backwards through each stage of the process. We need 30 employees to be hired, so we can set up the following equation:

Number of applicants * Percentage passing basic requirements * Percentage passing pre-screening * Percentage showing up for interview * Percentage passing background check = Number of employees hired

Let x be the number of applicants needed:

x * 0.9 * 0.88 * 0.77 * 0.95 = 30

Simplifying the equation:

x = 30 / (0.9 * 0.88 * 0.77 * 0.95)

x ≈ 47.5

Rounding up to the nearest whole number, we get:

x = 48

Therefore, Company B needs at least 48 applicants to apply in order to meet the hiring target of 30 new employees.