Assignment-02: Case Study Analysis Write-up 1 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 1 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) 2 Introduction: • Fran Jefferson, supervisor of the Training Department at Metro Bank and Trust Company • Judy Martin, Fran's secretary, expresses dissatisfaction about pay disparity • Judy believes she works harder but is in a lower-grade position 3 Key Issue 1: Job Evaluation and Grading • Importance of job evaluation in determining relative worth of positions • Executive secretary position requires higher qualifications and responsibilities • Establishing appropriate compensation structures based on job requirements 4 Key Issue 2: Equity and Perceived Fairness • • • 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 5 Key Issue 3: Communication and Employee Engagement • • • 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 6 Key Issue 4: Talent Development and Job Satisfaction • • • 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 7 Business Scenario Application: • Effective management of job evaluation, fairness, communication, and talent development • • Transparent job evaluation for fair compensation structures Dialogue and open communication to address employee concerns • Implementing talent development programs for growth and satisfaction 8 Learning Key points: • Insight into situation handling and case writing techniques • • Boosting dialogue and discussion among students Enhancing class participation and improving group dynamics 9 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. 10 ◦ Thank You For Your Valuable Time. “ ◦ Questions and suggestions related to this case study are welcome. 11 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. 12