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Solution
With reference to a people practice issue, interpret analytical data using appropriate analysis tools and methods. (AC 2.1)
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 400 words
You must show your calculations in this section |
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A.C 2.1 Interpretation of Analytical Data Percentage of Each Gender by Type
The statistics show a stark gender gap in the population, with men making up around 53.85% of the population, women 45.38%, and non-binary people making up just 0.77%. The organisation should restructure its hiring procedure to guarantee equal chances for all women and consider using blind recruiting to promote a more welcoming workplace. b) Ethnicity as A Percentage Per Team. The workforce is largely made up of White British people, who form a considerable 91.15% of the workforce, according to Ways of Measuring the Impact of People Practises. On the other hand, other ethnic groups with representation percentages ranging from 0.38% to 1.54%, including Asian – Bangladesh, Black – Other, Chinese, Indian, Mixed – Other, Pakistani, and White and Black Caribbean, have substantially lower representation rates. To overcome these gaps, further research may be required into the organisation’s diversity and inclusion policy (Glass & Cook, 2020). Disability Percentage as An Organisational Whole and By Teams.
The presence of people with disabilities is shown by the organization’s workforce’s disability representation rate of 8.08%. However, the vast bulk of the workforce roughly 91.92% is not impaired. At the team level, the representation of people with disabilities ranges from 0.00% to 1.92%, whereas the range of people without disabilities is from 2.31% to 36.15%. These numbers indicate that, despite the fact that some people with disabilities are employed by the organisation, there may be room to promote inclusion and diversity further. Salary Difference Across Genders
There are variations between the highest and lowest earnings, according to the organization’s statistics on gender-based pay disparities. Women make £140,500 more on average than males, but they also make £17,500 as their minimum salary. However, the mean total incomes of men and women do not differ significantly, indicating basically similar pay. The non-binary workforce is made up of just two individuals, and their annual incomes range from £18,500 to £21,500. Overall Average Salary Paid by The Organisation.
The company has a strong commitment to paying all of its employees equally, regardless of their racial or cultural origins. The average income for employees is £31,757.46, which reflects the company’s focus on fair compensation and offers information about its personnel practises, such as how salaries are administered and distributed. Table 2 The data offers helpful observation on how employees see hybrid working arrangements. 37% of respondents said they would prefer to work remotely, which shows that people are open to the idea. However, 52% of respondents said they missed interacting socially with coworkers, highlighting how crucial interpersonal relationships are at work. Additionally, 46% of employees said they felt less supported at work, indicating possible difficulties in the present work climate. |
Present key findings for stakeholders from people practice activities and initiatives. (AC 2.2)
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 200 words
You must insert your graphs in this section |
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- In conclusion, the findings in this report indicate that Woolworths is currently using Ariba and SAP systems. This study covers the annual spend of Woolworths, the portfolio of Woolworths, their Category and Risk Management.
- Based on the study, Woolworths have to reduce their annual costs, and this may be supported by automation of as many processes as possible and this will also improve their efficiency and effectiveness levels.
- Woolworths also has made significant efforts in categorising its products and managing supply and other risks by having a wide pool of suppliers.
- Further, the introduction of online shopping has greatly boosted their market reach and their competitiveness.
- Woolworths also has to consider grouping all its purchases into categories. This will greatly ease the amounts spent on buying individual items since bulk purchases allow for great discounts due to the economies of scale.
- Further, category management will ensure that the entire supply chain is managed effectively and efficiently with minimal instances of supply chain disruptions.
- Woolworths also must prioritise its stakeholders and acknowledge the role that each stakeholder plays and how this contributes significantly to the overall growth of the firm.
- Stakeholders have to be informed and involved when major decisions are to be made as this will enrich the strategies, contributions and suggestions brought forward.
- Stakeholder analysis is also key to maintain the stakeholder relations which improves not only the reputation of Woolworths but also the market share of Woolworths. This gives them a niche in their market.