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.
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.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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.
- 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.
- What are the primary considerations that HR could make in terms of providing transportation allowances to employees?
- 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?
- 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?
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