Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The first thing you must do is watch the video found in the Media Gallery entitled For Module 3 discussion board: Financial Impact of Employee

The first thing you must do is watch the video found in the Media Gallery entitled "For Module 3 discussion board: Financial Impact of Employee\ Attitudes." The information in this video is crucial to do this discussion board.\ You are given the following data relative to the 5-member troubleshooting team of the Behrens Corporation:\ I want to see all your work. In other words, show me what numbers you are plugging into the equations to come up with your answers.\ A. Use a human asset valuation approach to dollarize these attitudes (job satisfaction), (calculate numbers to 2 decimal places; this means right\ from the start, not just the final answer),\ B. to compute the overall gain (or loss), and\ C. to compute the gain (or loss) per person.\ As a special project, top management wants to use behavior-costing methodology as one input to its HR planning model. Over a 3-month\ period, you have found the correlation between intrinsic motivation and absenteeism to be -0.34 for a sample of clerical employees. Chronic\ absenteeism is a serious problem in this firm, and clerical employees average 2.2 days per month absent from work (SD

=1.43

). Each such incident\ costs

$106.22

.\ I want to see all your work. In other words, show me what numbers you are plugging into the equations to come up with your answers.\ A. If management were to institute a job enrichment program that would improve job satisfaction attitudes among the clerical employees by 0.45\

SD

, what might be the potential savings per employee per month? Calculate numbers to 2 decimal places (this means right from the start, not\ just the final answer).\ B. Should the job enrichment program be instituted? Why or why not?

image

The first thing you must do is watch the video found in the Media Gallery entitled "For Module 3 discussion board: Financial Impact of Employee Attitudes." The information in this video is crucial to do this discussion board. 1. You are given the following data relative to the 5-member troubleshooting team of the Behrens Corporation: Attitude Attitude Annual Job Tenure Job Satis. Job Satis. Employee Salary ($) Grade (years) Weight Score 1. Hobbs 34,000 32 10 8 1.15 2. Smith 18,000 24 6 5 1.04 3. Studley 30,000 37 14 10 1.28 4. Woo 5. Finkel 28,000 21,500 30 10 7 23 5 4 1.20 0.78 I want to see all your work. In other words, show me what numbers you are plugging into the equations to come up with your answers. A. Use a human asset valuation approach to dollarize these attitudes (job satisfaction), (calculate numbers to 2 decimal places; this means right from the start, not just the final answer), B. to compute the overall gain (or loss), and C. to compute the gain (or loss) per person. 2. As a special project, top management wants to use behavior-costing methodology as one input to its HR planning model. Over a 3-month period, you have found the correlation between intrinsic motivation and absenteeism to be -0.34 for a sample of clerical employees. Chronic absenteeism is a serious problem in this firm, and clerical employees average 2.2 days per month absent from work (SD = 1.43). Each such incident costs $106.22. I want to see all your work. In other words, show me what numbers you are plugging into the equations to come up with your answers. A. If management were to institute a job enrichment program that would improve job satisfaction attitudes among the clerical employees by 0.45 SD, what might be the potential savings per employee per month? Calculate numbers to 2 decimal places (this means right from the start, not just the final answer). B. Should the job enrichment program be instituted? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

A Human Asset Valuation Approach to Dollarize Attitudes 1 Youre given data about a 5member troublesh... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Communication Process and Product

Authors: Mary Ellen Guffey

6th Edition

324578679, 9780324578683, 9780324542905, 176721258, 9780324578676, 324542909, 9780176721251, 978-0324542905

More Books

Students also viewed these Accounting questions