Tuesday, May 14, 2019
Metrics Research Paper Example | Topics and Well Written Essays - 750 words
Metrics - Research Paper ExampleHence, the  go with would implement the HR  rhythmic pattern in  assemble to develop  tight-laced  essence reward program (Carlson & Kavanagh, 2013). This paper would illust roam the  unhomogeneous crucial  rhythmic pattern that  result enable virago Inc to depict the potential employees to be rewarded under the  wide rewards program of the organisation. Contextually, the organisation will implement human capital value added metrics, turnover cost, prorating merit increases and  absence seizure seizure rate among  opposites. Discussion A company cannot be able to operate efficiently in the absence of a dedicated and efficient workforce. Contextually, this aspect influences them to encourage employees with rewards of  versatile kinds under their total rewards programs. In this stand, it will further enable them to have maximum retention and satisfaction of workforce. Amazon Inc employs thousands of employees, for executing its operations worldwide. Corr   espondingly, a total rewards program will need to be developed with the help of the result obtained from the computation of various HR metrics. The first HR metrics that needs to be computed is the rate of absence in Amazon.  criterion the rate of absenteeism among the employees will enable the organisation to depict its current position with  bear upon to employee health and other aspects that led to increased absenteeism. It would also be vital to mention that increased percentage of absence rate will directly impact the productivity, efficiency and quality of work of an organisation in a  contradict manner. The metrics of absence rate will enable the company to acquire  data about the  break rate of absence in the organisation along with the reason for same. It has been noted that, augmented rate of employee absence is at times owing to the reason of lack of satisfaction among the employees which, further arise from lack of proper reward. Hence, Amazon Inc would be able to design    the total reward program with regard to overcoming the reason that leads to dissatisfaction of the employees (Hauser & Katz, 1998). Subsequently, the company will also require calculating the HR metrics of Human capital value added with regard to developing a proper reward program. Analysis of these matrices will enable the company to acquire data regarding the value added by an employee to the organisation. In this stand, this metrics will further enable the company to frame its total reward strategy in accordance to the value each and every employee ensures for the organisation. Additionally, with the computation of the prorating merit increases metrics of Amazon Inc., it will enable the organization to acquire data that will ensure hike to be given to an employee depending on the tenure of his/her work with the organisation. This analysis would be valuable for the company in order to determine the total reward program for the employees working within the company (Jackson, Schule   r & Werner, 2011). Correspondingly, in addition to these aspects, Amazon Inc. might also implement the HR matrices of turnover cost, which will enable them to know about the  dismission that the company incurred by losing a particular employee. These matrices will also depict the cost, which the company invested on recruitment,  weft and training needs of an employee. Subsequently, the   
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