Team F Group Project draft

Human Resource Management (Available Titles Coursemate)

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Team F Group Project 1 Team F Group Project Exercise 16: The Older Worker Questionnaire By: Lisa Phillips; Patricia Rillera; Javier Rodriguez; and Charles Williams Class: HRMG-3001-3/MGMT-3003-3 Human Resource Management Instructor: Sandra White Walden University Date: January 24, 2012
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Team F Group Project 2 Team F was giving a true or false questionnaire regarding the older workers. There are twenty questions throughout the questionnaire and it seemed like some of the questions could be combined. So you might read a repeat answer or we referred to an answer already stated. After discussion we found only three questions were one or two group members disagreed on the answers, but we finally reached a conclusion. Below are the questions and our detailed answers. 1. Younger workers tend to have higher job satisfaction that older ones . False, as our population is growing older and our workforce is retiring, our HR managers are being “faced with significant challenges in replacing them with workers having the capabilities and work ethic that characterize many mature workers in the United States” . There is a huge difference between older workers and younger ones. Older workers have more experience and knowledge then the younger ones. Also older workers take their time and apply their all into everything they do. The older workers tend to show their loyalty to the organization by demonstrating commitment and sacrifice where the younger ones are usually looking for the next best thing. 2. Employees aged 50 – 65 uses on average about an equal amount of healthcare as those in their 30s and 40s. This can be true and false. Employees aged 40 through 65 spend around the same amount on health care. It is those who are under 39 that spend less. “The average health care expense in 2002 was $11,089 per year for elderly people but only $3,352 per year for working-age people (ages 19-64)”. “It found that 8 percent of health care expenses occurred during childhood (under age 20), 13 percent during young adulthood (20-39 years), 31 percent during middle age (40-64 years), and nearly half (49 percent) occurred after 65 years of age. Among people age 65 and
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Team F Group Project 3 older, three-quarters of expenses (or 37 percent of the lifetime total) occurred among individuals 65-84 and the rest (12 percent of the lifetime total) among people 85 and over. The total per capita lifetime expense was calculated to be $316,600” . 3. Employers value older workers’ loyalty, work ethic, reliability, and experience. True, as answered in question one, HR is faced with a very challenging task once the older workers begin to retire. The older generation workers tend to show their loyalty to the company and are extremely reliable. Why, because they have been doing their jobs for years. They already know what they are doing, need very little guidance, and supervision. 4.
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Team F Group Project draft - Team F Group Project 1 Team F...

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