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Statistics For Management: Assignment

than just increasing compensation The document analyzes statistics related to employee satisfaction levels at a company. It examines satisfaction based on gender, designation, department, and salary. Key findings include: 1) Female employees have lower average salaries and satisfaction levels than male employees. 2) Assistant managers have the lowest salaries but highest satisfaction levels, while managers and senior managers have higher salaries but lower satisfaction. 3) IT employees have the highest salaries but lowest satisfaction levels. Finance and HR employees are most satisfied. 4) Salary alone does not determine work satisfaction - other factors like work culture and career progression policies also impact satisfaction levels.

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Bhavik Prajapati
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0% found this document useful (0 votes)
64 views9 pages

Statistics For Management: Assignment

than just increasing compensation The document analyzes statistics related to employee satisfaction levels at a company. It examines satisfaction based on gender, designation, department, and salary. Key findings include: 1) Female employees have lower average salaries and satisfaction levels than male employees. 2) Assistant managers have the lowest salaries but highest satisfaction levels, while managers and senior managers have higher salaries but lower satisfaction. 3) IT employees have the highest salaries but lowest satisfaction levels. Finance and HR employees are most satisfied. 4) Salary alone does not determine work satisfaction - other factors like work culture and career progression policies also impact satisfaction levels.

Uploaded by

Bhavik Prajapati
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Statistics for Management

ASSIGNMENT

Under the Guidance of Prof. Seema Sharma


Group Members

Ayushi Gupta – 2021SMF6561


Bhavik Prajapati – 2021SMF6539
Rashmi Rangari – 2021SMF6575
Sanyam Arora – 2021SMF6524
Tavleen Kaur - 2021SMF6526
Date: 17-08-2021
Understanding the Satisfaction level of employees for Work and
Career Progression Policies of a Company

Statistics Assignment
Gender Analysis
40.0
Facts-
36.4
37.4 • Average Salary of male employees is
35.0 higher than female employees by 1 Lakh
Inference-
30.0  Compensation of Female employees is
significantly lower as compared to male
25.0
employees pointing to some gender
bias/issue.
20.0
F
Fact-
15.0
M • Average Work Satisfaction and Average
Satisfaction Progression on Career
10.0 Policies in male employees is higher than
female employees
5.0
3.1 3.6 3.2 3.6 Inference-
 The working practices and opportunities
0.0
Average of Salary (Lacs) Average of Work Satisfaction Average of Satisfaction for female employees could be less in
Progression on Career Policies comparison to male employees

Statistics Assignment
Designation Analysis
50.0
45.8 Fact
44.2
45.0 • Average salary of Sr. Manager is the highest
40.0 followed by the Manager and the Ass.
Manager
35.0
31.7 Inference-
30.0  The difference should be pointing towards
promotional increase in compensation
25.0
AM
Fact
20.0 M • Though the average salary of Assistant
SM
manager is the least, they have the highest
15.0
work satisfaction and satisfaction
10.0 progression on career policies
5.0 4.2 4.3 Inference-
2.8 2.8
2.0 1.8  Despite having higher salaries, M & SM are
0.0 having lower work satisfaction, pointing
Average of Salary (Lacs) Average of Work Average of Satisfaction
Satisfaction Progression on Career towards factors other than salary affecting
Policies
satisfaction levels.

Statistics Assignment
Departmental Analysis
50.0
Fact-
• Avg. Salary of IT department
45.0 45.0 employees is higher than other
departments, but they are least satisfied
40.0
Average of Salary (Lacs) with their work and progression on
37.4
35.0 35.0
career policies
32.0 32.5 Average of Satisfaction Inference-
Progression on Career
30.0 Policies  From this we can infer that, the IT
related jobs of the company could be
25.0
Average of Work mundane, routine tasks reducing job
Satisfaction
20.0 satisfaction

15.0 Fact-
• Finance and HR are more satisfied with
10.0
their work and progression on career
4.9
5.04.4 4.5
3.0 3.0
policies as compared to other business
2.9
2.6 2.8
departments
0.0
Finance HR IT Operations Sales Inference-
 This indicates confidence in the
prospects of finding a new job in the
industry amongst Finance & HR
Statistics Assignment
Salary and Satisfaction Analysis

70
Chart Title Fact-
Salary (Lacs) Work Satisfaction
• As against the general perception,
60 Satisfaction Progression on Career Policies
The salary is not necessarily
50
correlated with work satisfaction
levels
40

30
Inference-
• This indicates that company needs
20
to work on work culture and
10 career advancement policies rather
than focusing on just Salary &
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 incentives.
Department and Qualification Analysis

60.0
55.0
Fact-
• The avg. salary of IT graduates is
50.0 highest amongst all the graduates
43.3 43.5 and Post-Graduates, but Work
40.0
satisfaction and Satisfaction
36.0 35.0 Progression on Career Policies is
34.0 Average of Salary (Lacs) - Graduate
32.3 32.5
Average of Salary (Lacs) - PG the least 
30.0
30.0 Average of Satisfaction Progression
on Career Policies - Graduate
Average of Satisfaction Progression
on Career Policies - PG
Inference-
20.0
• This indicates that the company
needs more Graduates than Post
graduates in every department and
10.0
which resulted in higher avg
5.0
4.8 5.0
4.0
2.8 3.0
2.8
salary of Graduates than Post
1.0
0.0
Finance HR IT Operations Sales
graduates

Statistics Assignment
Department and Gender Analysis
50.0 Fact-
45.0 45.0 • For IT dept. Avg. Salary of female and
45.0 43.5
male employees is equal, however avg. of
40.0 Work Satisfaction and satisfaction of career
35.0 35.0 progression is higher for male employees 
35.0 33.0
32.3 33.0 Inference-
31.3
30.0
• This indicates that company needs to build
Average of Salary (Lacs) up more opportunities for women to relish
Average of Work Satisfaction
25.0
Average of Satisfaction
their experience
Progression on Career Policies Fact-
20.0
• Further, Operations department is the only
15.0 department where the avg. salary of female
employees is higher than the male
10.0
employees with the same level of work
5.0
4.7
4.0
5.0
4.8 4.5
4.5 4.0
4.0 satisfaction 
3.0
2.7 3.0
3.0 3.0
3.0 2.7
2.3
2.0
2.0 Inference-
0.0 • Operations is the department which has
respectful environment giving more
inclusivity to women
Statistics Assignment
Thank You

Statistics Assignment

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