Prepare a report summarizing your findings for the recruitment cost per hire and yield ratio for each type of recruiting method.

Recruitment StatisticsAs the assistant to the human resources director at Tally Group, you normally answer phones and set appointments for the director. You are interested in developing skills in HRM, and one day, your HR director presents you with a great opportunity for you to show what you can do. She asks you to analyze last year’s recruitment data to determine which methods have worked best. As you look at the data, you aren’t sure how to start, but you remember something on this from your HRM class in college. After reviewing the data in your book, you feel confident to analyze these numbers. Please go ahead and perform calculations on these numbers, then provide answers to the questions that follow.Table 4.2 Tally Group Recruiting Numbers, 2012MethodTotal Number HiredYearly Cost ($)Total ApplicantsTemporary placement firms83,20053Campus recruiting21,50026Professional association ads104,500331Social media/company website33300486Job fair350018Referrals2626,000168;Prepare a report summarizing your findings for the recruitment cost per hire and yield ratio for each type of recruiting method.Make a recommendation to your human resource director on where the department should spend more of its time recruiting.