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) CIPD New 5C001- Organisational performance and Culture in Practice
(Solution) CIPS Project Evaluating the Impact of Generative Artificial Intelligence (AI) on Procurement Activities in Oman LNG
(Solution) New Avado 5C002- Evidence Based Practice
(Solution) 5CO02 (AC2.3) Make justified recommendations based on evaluation of the benefits, risks and financial implications of potential solutions
(Solution) CIPS MER Developing Contracts
- In SWOT analysis, one of the identified weakness is failure to use technologies in their sourcing approach. As a best practice, Ericsson can make investments in modernised technology including AI, machine learning in improving their sourcing strategies
- Since there is no one-size-fits all approach of selection criteria and sourcing strategies, the best practice would be to harness collaborative and partnerships relations for success of their sourcing.
- Pursue a holistic L&D practices by the PS&M in order to understand the best sourcing approach which would be in a position of enhancing the overall process of sourcing
- Further, from the risk analysis, some of the risks identified are not UpToDate. Hence, it is important continuously updating supply chain networks for identifying potential risks which are internal and external.