Description
Solution
Table 1 Data
All department’s performance review judgements as a percentage:
Department | Quarter | Outstanding | Meets KPIs | Not Quite There | Underperforming |
Administration Department | 1 | 1 Absent (11-1=10)
2/10 x100= 20% |
1 Absent (11-1=10)
2/10 x100= 20% |
1 Absent (11-1=10)
3/10 x100= 30% |
1 Absent (11-1=10)
3/10 x100= 30% |
2 | 1 Absent (11-1=10)
1/10 x100= 10% |
1 Absent (11-1=10)
4/10 x100= 40% |
1 Absent (11-1=10)
4/10 x100= 40% |
1 Absent (11-1=10)
1/10 x100= 10% |
|
Sales Department | 1 | 100.00% | 0.00% | 0.00% | 0.OO% |
2 | 0.00% | 100.00% | 0.00% | 0.00% | |
Logistics Department | 1 | 4/10 x100=
20% |
8/10 x100=
40.00% |
6/10 x100=
30.00% |
2/10 x100=
10.00% |
2 | 5/20-2 Absent x100=
27.78% |
9/20-2 Absent x100=
50.00% |
4/20-2 Absent x 100= 22.22% | 0.00% | |
Research & Development | 1 | 3/10 x100=
30.00% |
3/10 x100=
30.00% |
1/10 x100=
10.00% |
3/10 x100=
30.00% |
2 | 1 Absent =(10-1=9)
5/9 55.55 |
1 Absent =
3/9 33.33% |
1 Absent =
1/9 11.11% |
0.00% |
Bonus Payments Calculation for ‘Outstanding’ Employees
Each eligible employee in the administrative department had their bonus payments added together during the first quarter to determine their overall bonus payment. This was the entire bonus sum that was due for that particular division and time period.
Formulae for Bonus: Salary x 0.04
Department | Employee | Salary | Bonus | Quarter |
Administration | Saffron Finch | £24,000 | £960 | Q1 |
Robin Bird | £31,500 | £1,260 | Q1 | |
Logistics | Sally Rigbye | £23,750 | £950 | Q1 |
Julie Chisnall | £19,500 | £780 | Q1 | |
Rick Lovall | £19,500 | £780 | Q1 | |
Gill Jamieson | £19,500 | £780 | Q1 | |
Research & Dev. | Ethan Brar | £32,500 | £1,300 | Q1 |
Tasha Graham | £29,500 | £1,180 | Q1 | |
Jennifer Frost | £29,500 | £1,180 | Q1 | |
Administration | Saffron Finch | £24,000 | £960 | Q2 |
Logistics | Ruth Sixsmith | £23,750 | £950 | Q2 |
Wendy Boot | £23,750 | £950 | Q2 | |
Jean Livesey | £26,000 | £1,040 | Q2 | |
Julie Chisnall | £19,500 | £780 | Q2 | |
Gill Jamieson | £19,500 | £780 | Q2 | |
Research & Dev. | Ethan Brar | £32,500 | £1,300 | Q2 |
Harrison Briggs | £32,500 | £1,300 | Q2 | |
Tasha Graham | £29,500 | £1,180 | Q2 | |
Jennifer Frost | £29,500 | £1,180 | Q2 | |
Steve Owen | £29,500 | £1,180 | Q2 | |
Total | £9,170 | Q1 Total | ||
£11,600 | Q2 Total | |||
£20,770 | Overall Total |
Summary of Bonus Payments
Quarter | Total (£) |
Quarter 1 | £9,170 |
Quarter 2 | £11,600 |
Overall Total | £20,770 |
Bonus Information Analysis
The Administration and Logistics teams earned constant awards in both Q1 and Q2, demonstrating consistent performance across departments, according to the bonus data. Particularly in the second quarter, a larger number of employees in the Logistics and Research & Development divisions received incentives. Bonuses went up from £9,170 in Q1 to £11,600 in Q2, which could be attributed to more output or better performance reviews in the second quarter.
Please click the following icon to access this assessment in full
Related Papers
(Solution) 7C003 Demonstrate appropriate influencing style to communicate and engage different audiences
(Solution) New Avado 5HR03- Reward for Performance and Contribution
(Solution) 5CO01 (AC1.1) Evaluate the advantages and disadvantages of different types of organisation structures, including the reasons underpinning them
(Solution) Article: LOROL HRD: How to maintain high engagement levels
(Solution) CIPS Royal Commission for Alula (RCU) Developing Contracts in Procurement and Supply -PDC
(Solution) CIPS FIDIC Contracts Advanced Practitioner Corporate Award (APCE)
- In this report, an evaluation of a contract by Oracle which is FIDIC guiding their construction projects in more than 67 countries globally has been carried out.
- It is evident from the analysis that there are varying contractual terms having an influence on the power and risk distribution between a supplier and an organisation.
- The rationale of this is that a contract is a legally enforceable agreement between different parties with specific acts or practices to be put into account.
- The core report areas of focus of focus has included the issues of price, quality, construction projects delivery timeline and health and safety have been put into account on the extent in which the risk and power are distributed between the contractor and the organisations.
- In the components identified, it is evident that irrespective of whether the buyer or supplier executes the risk or power.
- Through the application of different tools such as Mendelow stakeholders matrix, SWOT analysis and others, distinct issues and risks characterised by various challenges in the construction projects execution with their mitigation approaches and risks have been evidenced.
- As evidenced from the Kraljic analysis, it is evident that contractual terms have a strategic relevance in the context of Oracle informing on their holistic leveraging on the risks and powers of the contract.
- In situations where Oracle fails in leveraging on contract holistic risks power balance, warrant and also insurance cover is used.