HRM617 Assignment 1 Solution and Discussion

  • Cyberian's Gold

    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
    After completing this assignment a student may
     Understand the Total cost of training.
     Understand the Return on investment of Training.

    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.
    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)

    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.
     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.

     Make sure to upload the solution file before the due date on VULMS.
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     You may also compose your assignment in Open Office format.
    Use black and blue font colors only
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    Please note that your assignment will not be graded or graded as Zero (0), if:
     It is submitted after the due date.
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    Good Luck

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

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

  • Cyberian's Gold

    @Sana-Umer plz wait working

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

  • solution file send kr dyn please

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

  • solution idea ???

  • Cyberian's Gold

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

  • @zareen solution mily ga ?

  • Cyberian's Gold

    Solution idea!

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