T2 Benchmark-Data

Use the data above to calculate unemployment rate.

Read this article about the 25 lowest paying jobs in the U.S.: https://www.thebalancecareers.com/top-worst-paid-jobs-2061699   Select one of the jobs listed and answer the following questions: What is the mean annual wage for this job? (use the figures in the article). Calculate the hourly wage for this job (use 40 hours/week * 50 weeks/year = 2,000 hours to find the answer) In your own words, explain why do you think this job has such a low wage range? Use vocabulary you have learned in this class and information from this article to support your argument (how does the law of supply and demand affect the wages for workers in this profession? Is there any competition? What about technology? Etc.)

An electrical contractor's records during the last five weeks indicate the number of job requests: Week: Requests: 1 2 3 25 27 25 4 26 57 27

Forecasting, and Queuing model are examples of management science tools Explain why they are important List three positive  and three negative outcomes from these application of management science. Be sure to consider outcomes for workers and society as a whole, not just the monetary and nonmonetary impacts on business stakeholders.

Engineering organizations are not immune to the difficulties of filling with qualified persons the various positions identified in the organizing stage. As outputs of engineering firms are produced by people under the supervision of engineer managers, errors in the performance of jobs may not be easily discernible. As such, staffing must be treated with serious concern. Staffing deals with the determination of human resources needs recruitment, selection, training, and development. For your activity, you need to research and prepare a forecast of the human resource needs of an engineering firm.

Please answer the parts  in the case of the operational  manager in the Human Resource department as how would having an insurance policy benefits your department/ employees you should answer on the prospective of your department.Insurance Ltd. accepts payments on various insurance policies from employees of businesses across the island. These businesses deduct payments from employees’ salaries and pay the insurance company a lump sum each month. This total amount deducted is shown on each employee’s payslip.   Deductions are due at the end of each month and each participating business submits one payment for its employees to the insurance company via online payments through the bank. However, if payments were received after 11:00 a.m., the bank does not process them until the next business day. At the beginning of each month an administrative assistant at MGMT Insurance Ltd. downloads the deductions for each company and allocates payments to the various policies. These payments…

Scenario: You are the supervisor of the Sales Department of Khemlani Furniture.  It is customary to check the attendance register semi-annually to determine attendance and punctuality of supervisees.  Your checks revealed the following for Joanalee Smith:   late for 160 days for more than 30 minutes each morning  absent for 10 days without proper documentation. You met with Ms Smith and presented your findings mentioned above. At that meeting, she explained that her parents, who live with her, are sick and she has a special needs daughter who she takes to the day care each morning. Together you explored some options and arrived at an amicable solution. Task: With the aid of a computer, prepare a report to the management of your organisation             outlining the following:   the results of your attendance and punctuality checks your findings from the meeting with your supervisee decisions taken during the meeting.   The following skills should be demonstrated:   proofread,…

The figure below shows Maria's employment rent, taking into account an expected length of unemployment of 44 weeks. Based on this figure, which of the following statements are correct? Hourly wages ($) Hourly wage=$12 Unemployment benefit plus the disutility of effort=$8 Unemployment benefit = $6 0 0 Select one correct answer. what Maria gets should she not lose her job today =what Maria gets should she lose her job today Maria's rent when employed Disutility of effort when employed What Maria receives in unemployment benefit during her period of unemployment Number of 35-hour weeks Employment rent per hour Reservation wage per hour Expected duration of unemployment =44 weeks (1,540 hours) O An increase in unemployment benefit would increase the size of the employment rent A longer expected duration of unemployment would increase the size of the

XYZ Company, a leading retail organization, faced staffing challenges in maintaining optimal workforce levels and skill sets to meet fluctuating customer demands. To address this issue, the company implemented a data-driven staffing strategy. Through the analysis of historical sales data, customer footfall patterns, and seasonal trends, XYZ Company accurately forecasted staffing requirements. The management team utilized workforce management software to efficiently schedule shifts, allocate resources, and minimize labor costs. As a result, the company achieved improved employee productivity, reduced overtime expenses, and enhanced customer service levels.   Question: How did the implementation of data-driven staffing strategies contribute to employee satisfaction and retention at XYZ Company?

Read the following extract and then answer the question below Laura is the associate director of a non-profit agency known as “BANTY Hope Agency”, thatprovides assistance to children and families in Gaborone and surroundings. The organisation ismainly sponsored by foreign aid and local companies as part of their Corporate SocialResponsibility. Laura is the head of a department that focuses on evaluating the skill-buildingprograms the agency provides to families. She reports directly to the agency leadership. As awhole, the agency has been cautious in hiring this year because of increased competition for federalgrant funding. However, they have also suffered high staff turnover. Two directors, three keyresearch staff, and one staff person from the finance department have left. Laura has a demandingschedule that requires frequent travel; however, she supervises two managers who in turn areresponsible for five staff members each. Both managers have been appointed within the last…

34 - Which of the following is the type of wage that represents the payments that the employee does not receive regularly, such as premiums, stock bonuses?    a) Side Rights   B) Basic wage  NS) Social assistance and services   D) variable fee  TO) Minimum wage

Briefly explain how would you determine the worth of a job using point method?

Forecast the new Workforce Scheduling of JP Morgan Chase & Co.

Maria, the HR Head of ‘Aztec Tech Solutions Ltd’ assigned the task of assessing the human resource planning to the HR Department. However, his team informed him that this assessment is not going well as they had expected. Keeping this context in mind, answer the following: a. Explain the process of human resource planning. Give some examples also. b. Discuss the qualitative methods for Human Resource Demand forecasting, that the company can utilize. Which one do you think is best suited for this company?

Can I get assistance with the following scenario   Sally and Sam have recently purchased from the Edgars Red Hanger sale. However, both had encountered different levels of customer service. Sally was assisted by a member of staff and was able to get the style and size that she needed. Sam on the other hand walked around the store for a period of time just looking for someone to help but was unable to get any assistance. Based on these experiences, this has impacted on the way they will make future purchases. Provide a brief report to Edgars to outline the importance of relationship marketing with the above scenario in mind. Provide examples to support/justify your answer.

Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945 and 1964, 10 are Generation X born 1965-1980, and 10 Generation Y born 1981-2000. You are installing a computerized system. This will replace the old system of hand written reports and phone call generated leads. This new system will generate sales leads, require all reports to be made on mobile devices and the system will operate 24/7. How do you expect each age group to respond and how do you overcome obstacles? Be specific.

Standard Direct Labor Wage Rate and Direct Labor Efficiency Variance Informationregarding Maxwell’s direct labor cost for the month of January follows:Direct labor hourly rate paid $28.50Total standard direct labor hours for units produced this period 11,000Direct labor hours actually worked 10,800Direct labor rate variance $16,000 favorableRequired Compute the following:1. Standard direct labor wage rate per hour, rounded to 2 decimal places, in January.2. Direct labor efficiency variance for January; round your answer to the nearest whole dollar. Was thisvariance favorable (F) or unfavorable (U)?

Laura is the associate director of a nonprofit agency that provides assistance to children andfamilies. She is the head of a department that focuses on evaluating the skill-building programsthe agency provides to families. She reports directly to the agency leadership. As a whole, theagency has been cautious in hiring this year because of increased competition for funding.However, they have also suffered high staff turnover. Two directors, three key research staff, andone staff person from the finance department have left.Laura has a demanding schedule that requires frequent travel; however, she supervises twomanagers who in turn are responsible for five staff members each, Kelly and Linda. Both managershave been appointed within the last six months.Kelly has a specific background in research. She manages staff who provide research support toanother department that delivers behavioral health services to youth. Kelly supports her staff andis very organized; however, she often takes a…

Laura is the associate director of a nonprofit agency that provides assistance to children andfamilies. She is the head of a department that focuses on evaluating the skill-building programsthe agency provides to families. She reports directly to the agency leadership. As a whole, theagency has been cautious in hiring this year because of increased competition for funding.However, they have also suffered high staff turnover. Two directors, three key research staff, andone staff person from the finance department have left.Laura has a demanding schedule that requires frequent travel; however, she supervises twomanagers who in turn are responsible for five staff members each, Kelly and Linda. Both managers have been appointed within the last six months.Kelly has a specific background in research. She manages staff who provide research support toanother department that delivers behavioral health services to youth. Kelly supports her staff andis very organized; however, she often takes a…

The Recruitment Gurus is a top-of-the-line recruitment agency that is based in Trinidad and Tobago. They have just landed a big contract to source staff for an overseas company that is trying open a branch in Trinidad. Their new client had recently opened a major new facility in Trinidad and needed to recruit over 200 software engineers. Despite initial optimism about the location and the available talent pools, it quickly became apparent that recruitment was going to be problematic.   The Recruitment Gurus carried out in-depth research and shared comprehensive insights to put data behind strategic changes resulting in improved employer branding, revised budgets and hiring strategies aligned to the location.   Their client’s wanted the new facility to become a ‘centre of excellence’ for current and future software engineering for electric and automated driving vehicles. However, the Talent Acquisition team tasked with identifying, attracting, and hiring the required talent encountered…

Healthy Beginnings is a large unionised organization located in Jamaica, employing over One Thousand (1000) employees island-wide. They are the makers of nutritional supplements and have been around for more than 20 years. The last five years have proven difficult for Healthy Beginnings, and these challenges may require some HR-related actions. Some of the policies and decisions required to meet the market dynamics may affect the employment relationships at Healthy Beginnings and force the organisation to pursue employee headcount reduction measures, implement new flexible work designs, and introduce new contracts for services. News of the possible reduction in staff has reached the employees at Healthy Beginnings and the United Pharmaceutical Union has indicated to employees that they are ready to take action through all the appropriate channels on their behalf. In addition to this dilemma, the organisation recently conducted an employee engagement survey and discovered that employees…

Healthy Beginnings is a large unionised organization located in Jamaica, employing over One Thousand (1000) employees island-wide. They are the makers of nutritional supplements and have been around for more than 20 years. The last five years have proven difficult for Healthy Beginnings, and these challenges may require some HR-related actions. Some of the policies and decisions required to meet the market dynamics may affect the employment relationships at Healthy Beginnings and force the organisation to pursue employee headcount reduction measures, implement new flexible work designs, and introduce new contracts for services. News of the possible reduction in staff has reached the employees at Healthy Beginnings and the United Pharmaceutical Union has indicated to employees that they are ready to take action through all the appropriate channels on their behalf. In addition to this dilemma, the organisation recently conducted an employee engagement survey and discovered that employees…

Healthy Beginnings is a large unionised organization located in Jamaica, employing over One Thousand (1000) employees island-wide. They are the makers of nutritional supplements and have been around for more than 20 years. The last five years have proven difficult for Healthy Beginnings, and these challenges may require some HR-related actions. Some of the policies and decisions required to meet the market dynamics may affect the employment relationships at Healthy Beginnings and force the organisation to pursue employee headcount reduction measures, implement new flexible work designs, and introduce new contracts for services. News of the possible reduction in staff has reached the employees at Healthy Beginnings and the United Pharmaceutical Union has indicated to employees that they are ready to take action through all the appropriate channels on their behalf. In addition to this dilemma, the organisation recently conducted an employee engagement survey and discovered that employees…

Healthy Beginnings is a large unionised organization located in Jamaica, employing over One Thousand (1000) employees island-wide. They are the makers of nutritional supplements and have been around for more than 20 years. The last five years have proven difficult for Healthy Beginnings, and these challenges may require some HR-related actions. Some of the policies and decisions required to meet the market dynamics may affect the employment relationships at Healthy Beginnings and force the organisation to pursue employee headcount reduction measures, implement new flexible work designs, and introduce new contracts for services. News of the possible reduction in staff has reached the employees at Healthy Beginnings and the United Pharmaceutical Union has indicated to employees that they are ready to take action through all the appropriate channels on their behalf. In addition to this dilemma, the organisation recently conducted an employee engagement survey and discovered that employees…

Healthy Beginnings is a large unionised organization located in Jamaica, employing over One Thousand (1000) employees island-wide. They are the makers of nutritional supplements and have been around for more than 20 years. The last five years have proven difficult for Healthy Beginnings, and these challenges may require some HR-related actions. Some of the policies and decisions required to meet the market dynamics may affect the employment relationships at Healthy Beginnings and force the organisation to pursue employee headcount reduction measures, implement new flexible work designs, and introduce new contracts for services. News of the possible reduction in staff has reached the employees at Healthy Beginnings and the United Pharmaceutical Union has indicated to employees that they are ready to take action through all the appropriate channels on their behalf. In addition to this dilemma, the organisation recently conducted an employee engagement survey and discovered that employees…

Implement an Employee Performance Program You have been hired as the new General Manager (GM) of a casual dining property, such as Bone Fish Grill, Red Lobster or Olive Garden. Your Direct Report (boss/District Manager) has told you to implement the corporate Employee Performance Evaluation program. Apparently, your predecessor did not have the program in place. You have about 40 – 50 staff on the property, including a team of managers – Chef, FOH manager, and shift supervisors. The corporation uses a Graphic Rating Scale and expects managers to evaluate staff every year. Questions: 1.Introduction: As the new GM, do you think implementing an employee performance evaluation system is a good idea? Why or why not? What is the purpose of Performance Appraisals? 2.Steps: What steps do you need to take to implement this system? How long will it take? 3.Methods (types) of Review Forms: What is a Graphic Rating Scale? Will you use Self-Evaluations, Peer Evaluations, 180 Staff evaluations of…

Use the percentage method of income tax calculation to complete the payroll roster (in $). David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,844 per period, use the percentage method to find his income tax withholding each pay period.

.Do you think forecasting is important to the Raysut cement company? explain why? .Explain the differences between Job Description and Job Specification?

develop a ranking job evaluation system for non-managerial employees(housekeepers,valets,front-desk,phone operators,wait staff,groundskeepers,and security guards)of that hotel.you can use any two compensable factors of your choice e.g level of effort etc.in order to rank jobs in comparison to each other.

Sub- Management  How can optimization models be used to maximize profits and minimize costs for businesses?