ieor project page 6 - scarce skills? Programs that offer...

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that constitute a large portion of your overall costs. Some things you and your team should take into consideration are: 1. What programs are used most by the employees? If there are any particular programs that are used frequently and also tend to be overpriced, then your company should make a “sales by volume” deal and get a discount. 2. What are the costs for the programs that each employee uses? On average, lower-level employees should not be creating higher costs for your company than higher- level employees do because they are most likely in need of fewer skills than the latter group. 3. On average, what skills are most necessary for your company and which programs offer these skills? Programs that do not offer these necessary skills and yet are expensive will generally be overpriced. 4. What skills are hard to obtain and which programs offer these somewhat
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Unformatted text preview: scarce skills? Programs that offer these skills will often tend to be more expensive because their more demand for these skills than supply. 5. Currently, what are the prices for the program and how do each of your employees value each of these programs? If you are only are willing to pay up to a certain price for a program for one of your employees and the current price is higher, it may be worth negotiating this. Program 5, Program 3, and Program 15 are used by 4 out of the 6 employees. If we look at any program that is above 500 dollars as relatively expensive and look at any program that is less than 500 dollars as relatively cheap, we see that all three of these programs that are heavily used are relatively expensive particularly Program 5, which is $800. As...
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This note was uploaded on 01/11/2011 for the course IEOR 160 taught by Professor Hochbaum during the Spring '07 term at University of California, Berkeley.

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ieor project page 6 - scarce skills? Programs that offer...

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