Based on what you have been given, is there a correlation between salary levels and retention? What is the regression equation? How much variance is explained in retention levels based on salary?
Write a memo, no more than 700 words, regarding the status of the forecasting programs. In the memo, provide a recommendation to improve the program.
Include at least one peer review reference.
HR Team Evaluation Scenario
The organization has been conducting compliance training to ensure that managers understand the law, and the CEO wants to know whether the investment is worth the expense. Your organization development department conducted a pretest and a posttest assessment to determine if managerial knowledge of the law had significantly increased. Here is what they found at three different company locations:
| Region 1 | Region 2 | Region 3 | |||
| Pretest | Posttest | Pretest | Posttest | Pretest | Posttest |
| 18 | 21 | 5 | 13 | 20 | 27 |
| 4 | 11 | 4 | 16 | 19 | 26 |
| 7 | 24 | 3 | 22 | 6 | 14 |
| 12 | 22 | 11 | 21 | 7 | 23 |
| 13 | 26 | 1 | 12 | 7 | 22 |
| 20 | 26 | 10 | 25 | 16 | 20 |
| 16 | 26 | 7 | 13 | 7 | 25 |
| 12 | 24 | 4 | 11 | 9 | 19 |
| 19 | 22 | 3 | 16 | 7 | 13 |
| 7 | 26 | ||||
| 12 | 15 | ||||
| 15 | 22 | ||||
| 16 | 23 | ||||
| 17 | 22 | ||||
| 12 | 25 | ||||
| Total | Total | Total | Total | Total | Total |
| 200 | 335 | 48 | 149 | 98 | 189 |
Given the supplied data, apply your knowledge of statistical tests and techniques to select the type that you should conduct to determine the effectiveness of the training. Based on the results of the test, what would you recommend? Should the training continue? Is there a statistically significant difference in scores between the three locations where compliance training has been conducted? How can you tell?
The organization is also attempting to forecast good managerial candidates based on assessment tests that have been given in a management training program. Based on the mean scores for each assessment, who would you recommend to continue in the managerial training program? Why?
| Candidate | Competency Assessment | Communication Skills | Math |
| A | 4.25 | 3.41 | 65% |
| B | 4.67 | 3.04 | 70% |
| C | 3.58 | 2.3 | 55% |
| D | 4.75 | 3 | 50% |
| E | 4.33 | 3.78 | 65% |
| F | 4 | 3.2 | 65% |
| G | 4.42 | 1.96 | 60% |
| H | 3.08 | 4.26 | 65% |
| I | 3 | 3.03 | 75% |
| J | 4.33 | 3.74 | 65% |
| K | 4.83 | 3.41 | 75% |
| L | 3.75 | 3.81 | 60% |
| M | 4 | 3.85 | 75% |
| N | 3.33 | 3 | 50% |
You have also been given some information regarding average salary levels of managers after one year with the company, as well as the retention rates for first year managers for 10 office locations. Based on what you have been given, is there a correlation between salary levels and retention? What is the regression equation? How much variance is explained in retention levels based on salary?
| Salary | Turnover |
| $25,000 | 15% |
| $35,000 | 10% |
| $46,000 | 12% |
| $27,500 | 18% |
| $33,000 | 10% |
| $40,000 | 5% |
| $38,000 | 8% |
| $43,000 | 6% |
| $50,000 | 5% |
| $29,000 | 14% |