Bus 225-Module two
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May 28, 2024
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Uploaded by justjoey03
Sarah Redford
Sue Butts
March 17, 2024
Bus 225-Module two
The data in the spreadsheet from Air Transportation Supplier HR performance data spreadsheet shows a view of the company’s employers’ salary, bonuses, and performance data. Questions that emerge from the data analysis are, What’s the correlation between employee’s performance and the employee’s salary and bonuses. What departments or positions are struggling or excelling in? Then, if the company is doing well financially how do they compensate the employees?
What story can they tell about the company’s employee’s? The data shows how the distribution of the salary and bonuses from each department and position is being separated. It also shows insights into the performance of the employees in relevance to their compensation. The quantitative data shows specific stats and numbers about an employee’s performance, salary, and bonuses. The qualitative data shows an insight into what the numbers are for. Underlying issues or perspectives could be inequalities with the compensation with the different positions or departments. The company’s financial performance can affect the employees’ compensation and their performance.
What the data isn’t telling. The data isn’t providing information about the employees’ satisfaction, morale, or the engagement. All of which can contribute to poor or excelling
employee performance. It also doesn’t show the company’s investments in the employee training and developments.
Additional primary and secondary sources. To provide primary data about employee satisfaction and engagement, employee surveys are used. Industry reports and benchmarks can also provide secondary data about compensation and performance with similar companies. Conclusion and related outcomes. Based on the data analysis I would recommend a 10% reduction in the budget. I would then identify any department or position that is struggling and either restructure or downsize. Reviewing the compensation structure and being able to identify areas where costs can be reduced without affecting the employee morale and performance would be important.
Defending the decision process. I would use the data to show the connection between the
employees’ performance and the compensation. I’d also show the importance of the company’s financial situation and why a cost reduction is so important.
It’s important to remember that any decision that is made should be made with a lot of thought and consideration. The impact it can have on the employees’ morale and performance as well as the company’s long term sustainability.
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Recommended textbooks for you
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