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- Determine an overall benefits budget for “The Office Place” and components that can be recommended for employee base. express the budget in percentages, including the various components that will make up your benefit package. For example, a hypothetical benefits budget is 25% of the total employee payroll and the breakdown is: 10% health insurance, 5% for dental insurance, etc. What would be justification and comparative data to support and validate the recommendations for the benefit package. include both mandatory and voluntary benefits. The Office Place is a new retail venture that is located in Omaha, NE that sells office supplies to retail “face-to-face” customers, online customers as well as to other businesses (primarily in bulk). Their strategy and mission is to sell their products at a deeply discounted price, while providing the best customer service experience possible. This strategy is primarily based on industry research showing that there is a growing dissatisfaction…Q1. Define the following terms briefly; a) Profession: b) Work: c) Career: Q2. Based on your definitions of the terms above, explain your future profession, work and career with examples. Q3. Define the terms “ability” and “interest” and write at least 3 of your abilities and at least 3 of your interest.develop a compensation package for 4 new job positions in the organization: Social media manager, Data analyst, Customer success manager and Cybersecurity specialist 1. In designing the Compensation Package 2. Justify the need for the chosen job positions 3. Justify the theories, policies, and procedures used and recommendations suggested
- 5) Sometimes it is appropriate to take a job instead of a career. Explain at least two situations where this would be true.1. Using the case information for Jamie’s market, assess the importance of the recruitment andselection process in the attracting and retaining the best and most qualified workforce.2. Following from the job specification for the temporary position that you completed for Jamie’sMarket, design a full recruitment and selection plan to demonstrate the process of making asuccessful job offer for the temporary position at Jaimie’s market. This should include:a. A recruitment strategy that Jaimie’s Market could adopt to encourage talent to apply forthe temporary positionsb. The creation of a job description that is based on the analysis of the rolesc. A compensation package for the temporary positions at Jaimie’s market9The human resource, finance and marketing managers at XYZ Ltd, a manufacturing plant are generally at a conflict because they have their own objectives. Usually each manager in the firm thinks that only he/she is qualified enough to evaluate, judge and decide on any matter, according to their professional criteria. They have arguments on every little decision where they always try to ignore each other suggestion. Continue arguments among the managers leads to job conflict, no proper planning, extra cost, high attrition rate and grievance in the organization. Top level management was fractured and frustrated because it the situation continues then organization will not able to sustain for longer duration in the market. There was gossip and “pot stirring” among the staff. The CEOs management style was not helping the organization function smoothly. Key staff were thinking about quitting. Meetings revealed the source of the fracture: unmet expectations, perceived lack of personal…
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- Ana Chua, a BS Entrepreneur student observed that in their subdivision, there are only 3 water refilling stations and every household purchased mineral water twice a week. With a limited number of refilling stations, some of the households were forced to purchase mineral water outside their subdivision which is a little farther in their vicinity. Ana Chua became interested in putting up a water refilling station in their subdivision and comply in her course to set up and run a small business in their subdivision. She has the following data based on her observation. No. of households in their subdivision = 80 No. of times the households buys mineral water = 2 times a week Average price of mineral water the households buys = P120 1. Compute the market size and market size profit of the water refilling station (5pts.) Market size = Market size profit %3D 2. Compute for the market share of the competitors and Ana Chua (5 pts. each) The total market share of Ana Chua's competitor is 75%…“Job evaluation determines the worth of job and not job holder" examine this statement and explain the steps in job evaluation.what are the advanatges and disadvantages of : a) reduce staffingb) make no changes to the staffing plan
