The minimum GPA accepted for transfer to the CSU is 2.0 for California residents, 2.4 for non-residents. The CSU has designated some highly popular majors or campuses as impacted or high demand, for which higher GPAs and/or minimum course completion are required.
Once you have your Number of Unit-Months and your Number of Vacant Units, calculating vacancy rate is simple. The formula is Number of Vacant Units / Number of Unit-Months = Vacancy Rate. Using our sample data, 35 / 240 = .1458 or a 14.58% vacancy rate.
A report by management advisory company CEB, of 900 recruiters and 6000 hiring managers globally found between 2010 and 2015 the average time it took to fill a position increased more than 50 per cent. CEB estimates that the average vacancy cost equates to upwards of $500 a day per open position. When compared to the average organisation's time to fill, it amounts to a loss of over $34,000 in lost productivity and recruiting costs within the 68-day time period.