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FOM-E Assignment-02 Group-05

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Assignment-02:
Case Study Analysis Write-up
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How Come They Make More Than Me?
Note : This assignment, which is a case study, was given by
Dr. Nausherwan Raunaque, our beloved faculty member of FOM-E
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Group 05, led by Md Hifzullah, successfully
accomplished the task through effective
collaboration. Other group members:
1. Md Hifzullah (PRN: 210205131071) (Mail : hifz.codes@gmail.com)
2. Priya Kumari Singh (PRN: 210205131076)
3. Sandhya Kumari (PRN: 210205131077)
4. Md Tahir Hussain (PRN: 210205131078)
5. Sanjeev Kumar (PRN: 210205131082)
6. Neha Kumari (PRN: 210205131085)
7. Rohan Kumar Shandilya (PRN: 210205131086)
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Introduction:
•
Fran Jefferson, supervisor of the Training Department at Metro
Bank and Trust Company
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Judy Martin, Fran's secretary, expresses dissatisfaction about
pay disparity
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Judy believes she works harder but is in a lower-grade position
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Key Issue 1: Job Evaluation and Grading
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Importance of job evaluation in determining relative worth of
positions
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Executive secretary position requires higher qualifications and
responsibilities
•
Establishing appropriate compensation structures based on job
requirements
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Key Issue 2: Equity and Perceived Fairness
•
•
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Judy's concern highlights fairness in the workplace
Equity theory: Comparing input and outcomes to peers
Addressing Judy's perception of unfairness to restore equity
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Key Issue 3: Communication and Employee
Engagement
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•
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Fran's response as an example of effective communication
Actively listening and paraphrasing to understand concerns
Engaging in dialogue to foster a positive work environment
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Key Issue 4: Talent Development and Job
Satisfaction
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•
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Fran's efforts to develop Judy's talents and abilities
Importance of talent management and job satisfaction
Involving employees in special assignments for growth and
retention
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Business Scenario Application:
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Effective management of job evaluation, fairness,
communication, and talent development
•
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Transparent job evaluation for fair compensation structures
Dialogue and open communication to address employee
concerns
•
Implementing talent development programs for growth and
satisfaction
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Learning Key points:
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Insight into situation handling and case writing
techniques
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Boosting dialogue and discussion among students
Enhancing class participation and improving group
dynamics
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Assignment Outcome:
In summary, this case study emphasizes the significance of good
communication, employee happiness, and fair pay in management.
Fran's handling of Judy's concerns showcases how these
“
principles can be applied. It's essential for managers to regularly
communicate with their team, address their issues, and maintain
fairness in compensation. These practices foster motivation and
create a positive work atmosphere. Aspiring managers in the
Fundamentals of Management for Engineers should grasp these
principles to excel in their roles.
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◦ Thank You For Your Valuable Time.
“
◦ Questions and suggestions related
to this case study are welcome.
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Thank You Sir :As the group leader and representing our group, we
would like to express our gratitude to Dr. Nausherwan
Raunaque, sir. His assignments and group projects
have not only helped us but also motivated us to
confidently speak in front of the class, overcoming our
fears and hesitations. As students of FOM-E, we have
collectively gained a clear understanding of the basic
concepts in a simplified and convenient manner.
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