Question: Data Analytics Assignment #2 (based on chapters 1 & 2) Two organizations were attempting to reduce absenteeism. They implemented the following solutions: Organization 1: Offer

 Data Analytics Assignment #2 (based on chapters 1 & 2) Two

Data Analytics Assignment #2 (based on chapters 1 & 2) Two organizations were attempting to reduce absenteeism. They implemented the following solutions: Organization 1: Offer healthy snacks in the vending machines and free fruit and veggie trays every MWF This will cost the organization $5,000 per calendar year. Organization 2: Offer employees reimbursement for their gym membership fees up to $75 per month. This could potentially cost the organization $100,000 per calendar year if all employees take advantage of the program. Assume that both options when implemented resulted in a 5% reduction in absenteeism in the same calendar year Assume that organization 2's strategy only yielded a 2% reduction in absenteeism, would the investment still be worth it, in your opinion? (please use some form of quantitative analysis to justify your opinion) 3)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!