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I'd be interested to know how much a major program spends on recruiting in the last month. Anybody have a reasonable guess?
"Job costing" is one of aspect of what I do.
To answer this question you have to define the word "cost".
Does it included coaches salaries hile recruiting?
Or the cost of the school jet while transporting the staff?
Certainly staff travel expenses, recruits travel and expenses, official visit costs are included.
From the end of the dead period til NSD AU will spend in just under a million dollars.
Our monthly coaching staff expense is about $475,000.
Jets $1000/hr x 30/hrs week x 5 weeks=$150,000
Each coach is spending about $750/day in travel, hotels, meals. car rental, gas; 9 coaches x 750/day x 30 days=$200,000.
AU probably spends about $500 per official recruit visit- 12 recruits per weekend x $500 ea x 5 weekends=$30,000
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That a hell of a breakdown and I would guess pretty spot on. The key is that money isnt just for the 2013 class that money is also on the 2014, and 2015 classes. Recruiting a player can take years and the groundwork starts years before.
Do you think its higher since we have a new coaching staff? More staff members flying around checking in on different players and do we have a single jet or a fleet that is used by the staff?
That a great guesstimate. You could also count the time and wear on the 2 jets. This two jets would avg around 3k an hour to lease. Making the jet costs alone worth 450k.
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