20 new employees are hired to a company every 2 years. Thecompany has one-hundred employees on avg. overall. How long does anemployee hold their position at the company?
A) 5yrs
B) 20yrs
C) 10yrs
D) 50yrs
Expert Answer
Since 20 new employees are hired, we assume that these 20 willtake position of another 20 existing employees.
Since 20 are hired every 2 years, there will cyclical change ofposition every 2 years. The maximum duration an employee can hold aposition is when he will be the last to be replaced i.e. (100/20)*2= 10 years.
where 100/20 is number of cycles required for change and 2 yearsis time period
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