Chapter 12, Problem 8PS

The Society for Human Resource Management (SHRM) collaborated with Globoforce on a series of organizational surveys with the goal of identifying challenges that HR leaders face and what strategies help them conquer those challenges. A 2016 survey indicates that employee retention/ turnover $\left(\text{46\%}\right)$ and employee engagement $\left(\text{36\%}\right)$ were cited as the most important organizational challenges currently face HR professionals. One strategy that may have an impact on employee retention, turnover, and engagement is a successful employee recognition program. Surveying small organizations , those with 500 to 2,499 employees, and large organizations, those with 10,000 or more employees, SHRM and Globoforce showed that 326 $\left(\text{77\%}\right)$ of the 423 small organizations have employees retention programs as compared to 167 $\left(\text{87\%}\right)$ of the 192 large organizations.

a. At the 0.01 of significance, is there evidence of a significant difference between organizations with 500 to 2,499 employees and organizations with 10,000 or more employees with respect to the proportion that have employee recognition programs.

b. Find the p-value and interpret its meaning.

c. Compare the results of (a) and (b) to those Problem 10.32 on page 375.