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A consulting company must hire 15 new associates per year to replace those who have left...

A consulting company must hire 15 new associates per year to replace those who have left the company for other positions or have retired. The company employs 120 associates overall. How long is the average associate employed at the consulting company?

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Solution:

The number of employs associates overall.company=120

Since a consulting company must hire 15 new associates per year to replace

Average associate of employee at the consulting company \(=\frac{\text { Employs associated overall }}{\text { Replaced employs per year }}\)

\(\therefore\) Average association of employee at the company \(=\frac{120}{15}=8\) years.

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