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Pages:
2 pages/≈550 words
Sources:
No Sources
Style:
APA
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.37
Topic:

Analysis of Company’s Employee Salaries, Bonuses, and Performance

Research Paper Instructions:

Overview
Company leaders need to keep a watchful eye on the economy and how micro- and macro-environments affect their business. Successful leaders are always a step ahead. They stay there by leading with data-driven decisions that allow their companies to anticipate and respond to challenges. In this module, you’ve learned how information is key in making decisions and solving problems; however, research and analytical skills are also needed to extract value from data. Information-gathering should align with research objectives. Qualitative and quantitative data alongside relevant and credible primary and secondary sources are fundamental ingredients for informing good judgement.
Prompt
In a report by the U.S. Department of Commerce, the U.S. economy contracted at an annual rate of 4.8% in the first quarter of this year. For this assignment, you will take on the role of an HR manager at an air transportation supply company. The company is currently struggling with a significant loss of revenue and considering operational costs. You have been asked to analyze employee performance over the last year and make sense of the data.
Using a summary (provided below) of the company’s employee salaries, bonuses, and performance data, address the following rubric criteria:
Interpretation: Discuss your interpretation of the data.
What questions emerge from your analysis of the data?
What story can they tell about the company’s employees?
Analysis: Explain how the provided data helps you understand your employees and how the company is using its financial resources. Identify potential gaps or issues in the data.
What is the quantitative and qualitative data telling you? Are there any underlying issues or perspectives?
What is the data not telling you?
What additional primary and secondary sources would help the company make a decision?
Conclusion and related outcomes: Describe how you have used data to determine a strategy. Use evidence to support your explanations.
What would your strategy be if you were asked to recommend a 10% reduction in the budget?
How would you synthesize and defend your decision process?
This resource will assist you as you complete your paper.
Air Transportation Supplier HR Performance Data Spreadsheet. This summary table of your company’s HR performance data will inform your work on this assignment.
What to Submit
Complete the Making Decisions and Overcoming Bias Using Research worksheet in your Soomo webtext, download your completed work, and submit it in Brightspace for instructor feedback. You should write using a professional voice, and any sources should be cited according to APA style. Your assignment must be between 400 and 800 words in length.
BUS 225 Air Transportation Supplier HR Performance Data (1).xlsx
What to Submit
Complete the Making Decisions and Overcoming Bias Using Research worksheet in your Soomo webtext, download your completed work, and submit it in Brightspace for instructor feedback. You should write using a professional voice, and any sources should be cited according to APA style. Your assignment must be between 400 and 800 words in length.
Module Two Assignment Rubric
Criteria Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value
Interpretation Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner Discusses interpretation of the data; describes questions that emerge from data analysis; explains what data tells about the company’s employees Shows progress toward proficiency, but with errors or omissions; areas for improvement may include interpretation of the data, description of questions that emerge from data analysis, or what data tells about the company’s employees Does not attempt criterion 25
Analysis Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner Explains how the data provided helps understand employees and how the company is using its financial resources; identifies potential gaps or issues in the data Shows progress toward proficiency, but with errors or omissions; areas for improvement may include more details about how the data provided helps understand employees and how the company is using its financial resources Does not attempt criterion 25
Conclusion and Related Outcomes Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner Describes how data can be used to determine a strategy Shows progress toward proficiency, but with errors or omissions; areas for improvement may include more details about how data can be used to determine a strategy Does not attempt criterion 30
Articulation of Response Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner Clearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purpose Shows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readability Submission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas 10
Citations and Attributions Uses citations for ideas requiring attribution, with few or no minor errors Uses citations for ideas requiring attribution, with consistent minor errors Uses citations for ideas requiring attribution, with major errors Does not use citations for ideas requiring attribution 10
Total: 100%

Research Paper Sample Content Preview:

Bus 225 Module Two Assignment Guidelines and Rubric
Author's Name
The Institutional Affiliation
Course Number and Name
Instructor Name
Assignment Due Date
Most employees have a performance score of 3, indicating good department performance. Management and IT pay more, but salaries are consistent across departments. Few employees receive manager comments, and those who do are "Essential Employees" or have performance issues (Panagiotakopoulos, 2020). Overtime seems to be reserved for specific roles or exceptional circumstances.
Questions about pay differences between departments, the criteria for Essential Employee status, the rationale behind overtime allocations, possible links between recruit date and efficiency, and the apparent lack of detailed executive feedback for many employees all arise from the data analysis.
The company is advised to look closely at performance reviews, reevaluate the "Essential Employee" standards, restructure salaries completely, and thoroughly analyze overtime needs and distributions.
The data shows that most employees, regardless of department, have a performance score of 3. Salary varies significantly by department. Management salaries range from $237,385 to $370,834. However, Account Service and Manufacturing pays $42,000–$48,000. In most departments, salary and efficiency scores aren't correlated, suggesting role and seniority determine salary more than recent performance.
Given the economy, cost optimization and employee morale are essential. The data suggests several employees receive the same salary regardless of performance. For low performance, the company could freeze raises or bonuses and offer non-monetary incentives like time off or training (Sawaneh & Kamara, 2019). As indicated, financial decisions should prioritize essential employees to retain them. Another option is reducing unnecessary overtime. Subsequently, discussing the company's economic issues with employees can help them support cost-cutting.
Although detailed, the data does not explain the Reason for Performance Scores, leaving the team unsure of the evaluation criteria. Employee Demographics are missing, preventing diversity and bias insights. D...
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