CBA Rural Bank is a rural bank that serves the entire Zamboanga Peninsula, and it, like any other business, has been severely impacted by the pandemic. According to the most recent personnel counts, it has 13 branches throughout ZP and a total of 170 employees. The following are its potential workforce figures and labor productivity costs: Using the financial facts provided above, provide a concise response to the following questions. How has the pandemic affected people's income? What could be the cause of its downward trend? What do you think the bank's approach was in terms of how it managed its human resources, taking into account its manpower figures and salary expenses? Given the lowering amount of training expense, what are the primary training decisions that the HRD Department might make? In your justification, create a hypothetical scenario if necessary.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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CBA Rural Bank is a rural bank that serves the entire Zamboanga Peninsula, and it, like any other business, has been severely impacted by the pandemic. According to the most recent personnel counts, it has 13 branches throughout ZP and a total of 170 employees. The following are its potential workforce figures and labor productivity costs:

Using the financial facts provided above, provide a concise response to the following questions.

  1. How has the pandemic affected people's income? What could be the cause of its downward trend?
  2. What do you think the bank's approach was in terms of how it managed its human resources, taking into account its manpower figures and salary expenses?
  3. Given the lowering amount of training expense, what are the primary training decisions that the HRD Department might make? In your justification, create a hypothetical scenario if necessary.
  4. What are the primary considerations that HR could make in terms of providing transportation allowances to employees?
  5. Why was there no communication allowance provided to its employees in 2019 and a significant increase in communication allowance provided to its employees following 2019?
  6. What is the likely impact on HR-related costs if the downward trend of its CBA Rural Bank's income continues? What could be causing this downward trend?
ManpowerHeadcount for CBA Rural Bank
2020
2021
2019
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
1st Quarter
Regular
Probationary
150
185
200
212
195
175
30
15
12
6.
2
Resignations
Total
12
6
7
168
199
207
212
190
170
CBA HR Department's Labor Related
Costs
2020
2021
2019
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
1st Quarter
Salaries Expense-Regular
Salaries Expense- Probationary
22,425,000.00 27,657,500.00 29,900,000.00 31,694,000.00 29,152,500.00 26,162,500.00
2,232,000.00
279,000.00
223,200.00
111,600.00
37,200.00
Total Salaries Expense
24,657,000.00 27,936,500.00 30,123,200.00 31,805,600.00 29,189,700.00 26,162,500.00
Training Expense
Food and Clothing Allowance
Transportation Allowance
1,205,000.00
300,000.00
120,000.00
30,000.00
25,000.00
85,000.00
3,000,000.00
925,000.00
1,000,000.00
1,060,000.00
975,000.00
875,000.00
900,000.00
92,500.00
ol
Communication Allowance
120,000.00
150,000.00
175,000.00
180,000.00
198,000.00
TOTAL LABOR COST
Gross Banks Consolidated Income
116,257.81
29,762,000.00
150,875,632.00 37,718,908.00 20,578,412.03 14,254,125.47 15,421,578.36 15,478,012.25
105,612,942.40 26,403,235.60 14,404,888.42 10,690,594.10 11,566,183.77 11,608,509.19
45,262,689.60 | 11,315,672.40
7,440,500.00
1,860,125.00
465,031.25
29,064.45
Total Banks Charges to Gross Income
Net Banks Consolidated Income
6,173,523.61
3,563,531.37
3,855,394.59
3,869,503.06
Transcribed Image Text:ManpowerHeadcount for CBA Rural Bank 2020 2021 2019 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Regular Probationary 150 185 200 212 195 175 30 15 12 6. 2 Resignations Total 12 6 7 168 199 207 212 190 170 CBA HR Department's Labor Related Costs 2020 2021 2019 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Salaries Expense-Regular Salaries Expense- Probationary 22,425,000.00 27,657,500.00 29,900,000.00 31,694,000.00 29,152,500.00 26,162,500.00 2,232,000.00 279,000.00 223,200.00 111,600.00 37,200.00 Total Salaries Expense 24,657,000.00 27,936,500.00 30,123,200.00 31,805,600.00 29,189,700.00 26,162,500.00 Training Expense Food and Clothing Allowance Transportation Allowance 1,205,000.00 300,000.00 120,000.00 30,000.00 25,000.00 85,000.00 3,000,000.00 925,000.00 1,000,000.00 1,060,000.00 975,000.00 875,000.00 900,000.00 92,500.00 ol Communication Allowance 120,000.00 150,000.00 175,000.00 180,000.00 198,000.00 TOTAL LABOR COST Gross Banks Consolidated Income 116,257.81 29,762,000.00 150,875,632.00 37,718,908.00 20,578,412.03 14,254,125.47 15,421,578.36 15,478,012.25 105,612,942.40 26,403,235.60 14,404,888.42 10,690,594.10 11,566,183.77 11,608,509.19 45,262,689.60 | 11,315,672.40 7,440,500.00 1,860,125.00 465,031.25 29,064.45 Total Banks Charges to Gross Income Net Banks Consolidated Income 6,173,523.61 3,563,531.37 3,855,394.59 3,869,503.06
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