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  5. HRM617 Assignment 1 Solution and Discussion
HRM617 Assignment 1 Solution and Discussion
zareenZ
Training and Development (HRM617) Fall, 2019 Assignment No.1 Due Date: 27 January, 2020 Total Marks: 10 Topic: Training Methods NOTE: Assignments after due date will not be accepted LEARNING OUTCOMES After completing this assignment a student may  Understand the Total cost of training.  Understand the Return on investment of Training. Case A 150 employee ABC Limited Company is facing a high turnover rate. A survey of employees had revealed that the reason for most who left was dissatisfaction with the level of training. It is calculated that on average 25 employees leave ABC limited every year. The cost to hire and train a new employee was Rs. 500,000. To address this issue company has introduced a new training program, which costs Rs. 1,000,000 as instructor cost, Rs. 1,000,000 as material cost, Rs. 3,000,000 as class room and other costs. Average wage of employees is Rs. 300 per hour per employee. Questions: If the newly introduced program is for 80 hours per year per employee: Identify the Total cost of Turnover. (2 Marks) Identify the Total cost of Training. (4 Marks) If after 1 year the turnover drops to 10 employees, what will be the financial benefit of training program? (4 Marks) IMPORTANT: 24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience. IMPORTANT INSTRUCTIONS  Students are advised to study the whole text carefully.  Try not to include any irrelevant material in the solution  Try to come up with precise and original answers.  Any act of plagiarism like copy paste from internet will result in ZERO marks.  Assignments reaching after the due date would not be considered. OTHER IMPORTANT INSTRUCTIONS: DEADLINE:  Make sure to upload the solution file before the due date on VULMS.  Any submission made via email after the due date will not be accepted. FORMATTING GUIDELINES:  Use the font style “Times New Roman” or “Arial” and font size “12”.  It is advised to compose your document in MS-Word format.  You may also compose your assignment in Open Office format. Use black and blue font colors only REFERENCING GuIDELINES:  Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various website containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html RULES FOR MARKING Please note that your assignment will not be graded or graded as Zero (0), if:  It is submitted after the due date.  The file you uploaded does not open or is corrupt.  It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.  It is cheated or copied from other students, internet, books, journals etc. Good Luck LIKE VU ON FACEBOOK
HRM617 - Training and Development

HRM617 Assignment 1 Solution and Discussion

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hrm617assignment 1solutiondiscussionfall 2019
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  • zareenZ zareen

    Training and Development (HRM617) Fall, 2019 Assignment No.1
    Due Date: 27 January, 2020
    Total Marks: 10
    Topic: Training Methods
    NOTE: Assignments after due date will not be accepted
    LEARNING OUTCOMES
    After completing this assignment a student may
     Understand the Total cost of training.
     Understand the Return on investment of Training.

    Case
    A 150 employee ABC Limited Company is facing a high turnover rate. A survey of employees had revealed that the reason for most who left was dissatisfaction with the level of training. It is calculated that on average 25 employees leave ABC limited every year. The cost to hire and train a new employee was Rs. 500,000. To address this issue company has introduced a new training program, which costs Rs. 1,000,000 as instructor cost, Rs. 1,000,000 as material cost, Rs. 3,000,000 as class room and other costs. Average wage of employees is Rs. 300 per hour per employee.
    Questions:
    If the newly introduced program is for 80 hours per year per employee:

    1. Identify the Total cost of Turnover. (2 Marks)
    2. Identify the Total cost of Training. (4 Marks)
    3. If after 1 year the turnover drops to 10 employees, what will be the financial benefit of training program? (4 Marks)

    IMPORTANT:
    24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
    IMPORTANT INSTRUCTIONS
     Students are advised to study the whole text carefully.
     Try not to include any irrelevant material in the solution
     Try to come up with precise and original answers.
     Any act of plagiarism like copy paste from internet will result in ZERO marks.  Assignments reaching after the due date would not be considered.

    OTHER IMPORTANT INSTRUCTIONS: DEADLINE:
     Make sure to upload the solution file before the due date on VULMS.
     Any submission made via email after the due date will not be accepted.
    FORMATTING GUIDELINES:
     Use the font style “Times New Roman” or “Arial” and font size “12”.
     It is advised to compose your document in MS-Word format.
     You may also compose your assignment in Open Office format.
    Use black and blue font colors only
    REFERENCING GuIDELINES:
     Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various website containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
    RULES FOR MARKING
    Please note that your assignment will not be graded or graded as Zero (0), if:
     It is submitted after the due date.
     The file you uploaded does not open or is corrupt.
     It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF
    etc.
     It is cheated or copied from other students, internet, books, journals etc.
    Good Luck
    LIKE VU ON FACEBOOK

    jawad chJ Offline
    jawad chJ Offline
    jawad ch
    wrote on last edited by
    #3

    @zareen solution mily ga ?

    zareenZ 1 Reply Last reply
    0
    • jawad chJ jawad ch

      @zareen solution mily ga ?

      zareenZ Offline
      zareenZ Offline
      zareen
      Cyberian's Gold
      wrote on last edited by
      #4

      @jawad-ch Yes We happy to provide idea solution. Please look into
      @Raza-Naqvi

      Discussion is right way to get Solution of the every assignment, Quiz and GDB.
      We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
      Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
      %(red)[NOTE: Don't copy or replicating idea solutions.]
      Quiz Copy Solution
      Mid and Final Past Papers
      Live Chat

      jawad chJ Sana UmerS 2 Replies Last reply
      0
      • merry dollM Offline
        merry dollM Offline
        merry doll
        wrote on last edited by
        #5

        solution idea ???

        1 Reply Last reply
        0
        • zareenZ zareen

          @jawad-ch Yes We happy to provide idea solution. Please look into
          @Raza-Naqvi

          jawad chJ Offline
          jawad chJ Offline
          jawad ch
          wrote on last edited by
          #6

          @zareen there is no assignment related data in @Raza-Naqvi profile ?

          1 Reply Last reply
          0
          • Sana UmerS Offline
            Sana UmerS Offline
            Sana Umer
            wrote on last edited by
            #7

            solution file send kr dyn please

            1 Reply Last reply
            0
            • zareenZ zareen

              @jawad-ch Yes We happy to provide idea solution. Please look into
              @Raza-Naqvi

              Sana UmerS Offline
              Sana UmerS Offline
              Sana Umer
              wrote on last edited by
              #8

              @zareen …sir hrm617 ki assignment no 1 ka solution send kr dyn plzz aj last date ha plzzz

              zareenZ 1 Reply Last reply
              0
              • Sana UmerS Sana Umer

                @zareen …sir hrm617 ki assignment no 1 ka solution send kr dyn plzz aj last date ha plzzz

                zareenZ Offline
                zareenZ Offline
                zareen
                Cyberian's Gold
                wrote on last edited by
                #9

                @Sana-Umer plz wait working

                Discussion is right way to get Solution of the every assignment, Quiz and GDB.
                We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
                Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
                %(red)[NOTE: Don't copy or replicating idea solutions.]
                Quiz Copy Solution
                Mid and Final Past Papers
                Live Chat

                Sana UmerS 2 Replies Last reply
                0
                • zareenZ zareen

                  @Sana-Umer plz wait working

                  Sana UmerS Offline
                  Sana UmerS Offline
                  Sana Umer
                  wrote on last edited by
                  #10

                  @zareen … ok but jldi plzz aj rat 12 bjy tk submit krni ha plzzz

                  1 Reply Last reply
                  0
                  • zareenZ zareen

                    @Sana-Umer plz wait working

                    Sana UmerS Offline
                    Sana UmerS Offline
                    Sana Umer
                    wrote on last edited by
                    #11

                    @zareen sir solution kb tk mily ga plzz tell ma?

                    1 Reply Last reply
                    0
                    • M Offline
                      M Offline
                      maryum
                      wrote on last edited by
                      #12

                      HRM 617 Training and development fall assignment 2020 last date is 11 dec 2020

                      zaasmiZ Bilal SheikhB 2 Replies Last reply
                      0
                      • M maryum

                        HRM 617 Training and development fall assignment 2020 last date is 11 dec 2020

                        zaasmiZ Offline
                        zaasmiZ Offline
                        zaasmi
                        Cyberian's Gold
                        wrote on last edited by
                        #13

                        @maryum said in HRM617 Assignment 1 Solution and Discussion:

                        HRM 617 Training and development fall assignment 2020 last date is 11 dec 2020

                        @maryum please post questions

                        Discussion is right way to get Solution of the every assignment, Quiz and GDB.
                        We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
                        Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
                        [NOTE: Don't copy or replicating idea solutions.]
                        VU Handouts
                        Quiz Copy Solution
                        Mid and Final Past Papers
                        Live Chat

                        1 Reply Last reply
                        0
                        • M Offline
                          M Offline
                          maryum
                          wrote on last edited by
                          #14

                          Case:
                          Mr, Ali, the HR manager of ABC Corporation consults with you that his organization has
                          selected some training programs for their employees. He said that all the employees are selected
                          for the training programs on alternate basis, but this type of training program is costing too much
                          to the organization and is ineffective in performance and employee motivation.
                          Question:
                          1- If you are the training consultant of ABC Corporation, please explain what the causes of
                          failure of this training program are, Give the suggestions for improvement as well.

                          zaasmiZ 1 Reply Last reply
                          0
                          • M maryum

                            Case:
                            Mr, Ali, the HR manager of ABC Corporation consults with you that his organization has
                            selected some training programs for their employees. He said that all the employees are selected
                            for the training programs on alternate basis, but this type of training program is costing too much
                            to the organization and is ineffective in performance and employee motivation.
                            Question:
                            1- If you are the training consultant of ABC Corporation, please explain what the causes of
                            failure of this training program are, Give the suggestions for improvement as well.

                            zaasmiZ Offline
                            zaasmiZ Offline
                            zaasmi
                            Cyberian's Gold
                            wrote on last edited by
                            #15

                            @maryum said in HRM617 Assignment 1 Solution and Discussion:

                            Case:
                            Mr, Ali, the HR manager of ABC Corporation consults with you that his organization has
                            selected some training programs for their employees. He said that all the employees are selected
                            for the training programs on alternate basis, but this type of training program is costing too much
                            to the organization and is ineffective in performance and employee motivation.
                            Question:
                            1- If you are the training consultant of ABC Corporation, please explain what the causes of
                            failure of this training program are, Give the suggestions for improvement as well.

                            @maryum please share a complete information with last date.

                            Discussion is right way to get Solution of the every assignment, Quiz and GDB.
                            We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
                            Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
                            [NOTE: Don't copy or replicating idea solutions.]
                            VU Handouts
                            Quiz Copy Solution
                            Mid and Final Past Papers
                            Live Chat

                            1 Reply Last reply
                            0
                            • M maryum

                              HRM 617 Training and development fall assignment 2020 last date is 11 dec 2020

                              Bilal SheikhB Offline
                              Bilal SheikhB Offline
                              Bilal Sheikh
                              wrote on last edited by
                              #16

                              @maryum Did you get the solution? please share with me too

                              1 Reply Last reply
                              0

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