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The following is a report of a database of selected 30 employees who are members of the American Intellectual Union. The data looks at both the quantitative and qualitative aspects. The employees will be profiled using five attributes (age, gender, position, tenure, and department). Job satisfaction will be characterized using the four parameters: intrinsic job satisfaction, overall job satisfaction, benefits, and extrinsic job satisfaction. The survey is an illustration of a mechanism that can be used in profiling employees whit the highest level of job satisfaction thus giving the highest possible performance boosting a company’s productivity (Kuballa 2007). Employees who are satisfied with their job are less likely to leave the organization. This makes it easy for companies to retain talent in the current age where having skilled employees is being used as a source of competitive advantage (Fields 2002). Tenure is examined in this report because it is a crucial aspect in ensuring employees satisfaction. For employees to perform their duties satisfactorily, they should feel that their job is secure and that they cannot be fired any time.
Age is also an important aspect in understanding the needs of the employees. If the highest percentage of the employees is of the age 50 and above, they would perform better if they were offered good pension plans and retirement benefits. Workers of the age 18 to 40 are more concerned about getting benefits such as health insurance and job tenure. Gender is also crucial. This is because the increase in diversity in the workplace is crucial as it has been observed that it increases workers' performance. Ensuring that there is gender balance in the workplace is important in order to promote better performance and good decision-making (Cook 2008). This is because people from diverse groups are able to give their different contributions coming up with many alternative solutions.
As have already been started, the size of the sample used in this report is 30 employees. This consisted of 60% males (18/60) and 40% (12/30).
Tenure Distribution by Gender:
42% of the males have been in the company for more than 2 years
25 % males have been in the corporation for 2-5 yrs
8% males have been in the company for exactly 5 yrs
50% of the females have been in the company for more than 2 yrs
24% of the females have been in the company for 2-5 yrs
4% of the females have been in the company for more than 5 yrs
20% of the employees interviewed were in the human resource department, 15% came from the administration department, 30% was from the sales department, 25% from the direct production department.
The extrinsic value by gender is measured on a scale of 1-7 with the females taking the value of 5.407 and the males 5.318.
The probability that the individual chose for this survey is between the age of 16-21 is 0.20.
The probability that individual job satisfaction is 5.2 or lower is 0.40.
The probability that a person chosen for this survey is from the human resource department and is a female is 0.23.
The probability that the individual will be a salaried employee whose intrinsic satisfaction value is 5 or more is 0.32.
Besides the mentioned ways in which a company can use the probabilities above in promoting employees' performance, the probabilities mentioned above can be used in several other ways. One way is to check whether the incentive plan and benefits package that the company is implementing in the company is working. The management has the role of understanding which kind of motivation work for different employees. According to Maslow’s theory of motivation, there are different levels of motivation and it is the work of the management to know which stage of development an employee is in and thus give them incentives that completely satisfy their current needs. For instance, according to the probability, he notices that employees on the executive team show lower job satisfaction compared to those lower in the hierarchy, which means that the incentive plan is not the right one for the executive. This calls for a differentiation of the type of benefits that employees at different levels get (Topolosky 2000). This kind of information can be used by the management to develop more comprehensive and strategic motivational plans which ensure that the company is able to achieve its goals through having satisfied employees.
The probabilities of job tenure can also help the company to know the employee turnover in the company. For instance, if the company's highest percentages of employees fall under the category of employees who have been in the company for less than 2 years, it implies that the company has trouble retaining workers. This could be detrimental to the company which may have invested in training these workers but do not get to benefit from this. As such the company can look into this issue find out the reasons behind this high turnover and thus make the necessary adjustments to rectify the situation.
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