Facilitator configurable parameters include
- Payroll Tax, Salary setting, Planned Headcount setting per department, recruitment fee, training fee, counselling fee, transfer fee, dismissal fee, staff resigning in play or not, how to handle staff when store is open and closed, how to handle staff when machine is bought and sold, OCEAN factors in play or not, contract staff in play or not and manpower planning in play or not
The MonsoonSIM HCM module enables learners to strategically manage their workforce, ensuring the right employees are in the right positions at the right time. This module encompasses various aspects of human resources, emphasizing the importance of competency, staff index, turnover ratio, and the impact of personalities.
Virtual staff across different departments, such as retail and warehouse in each city, have set salaries determined by a facilitator. You can view the salary from the operating expense data explorer (magnifying glass menu) These salaries periodically increase by a specified amount on a configurable schedule.
Staff Index Calculation: The Staff Index is a critical concept in HCM and is calculated as the multiplication of the Headcount Index and the Competency Index. Competency index reflects employees' skills and knowledge, while headcount index is to measure if the number of actual staff is matching the planned number of staff. Staff index represents the overall effectiveness of the workforce. Maintaining a Staff Index of 100% is essential for optimal performance. Here are the impacts of low Staff Index to the operation:
- for retail department, retail sales will decrease
- for warehouse & logistic department, moving or allocating goods will not work properly
- for B2Bdepartment, B2B offer will decrease
- for production department, production will not work properly
- for marketing department, marketing will have less impact
- for procurement department, can't procure goods
- for maintenance department, can't do machine maintenance
- for service department, can't do service sales
For a new department, an employee's Competency Index increases by 10% daily until it reaches 100%.
Employee Turnover Ratio: The Employee Turnover Ratio measures the rate at which employees resign or are dismissed over time. Calculating this ratio provides insights into workforce stability and the impact of turnover on department performance. In MonsoonSIM, OCEAN factor mismatch between staff and department is the only factor affecting staff having issue and resign which affect turn over ratio.
Cost of dismissal, training, transferring are all configurable by facilitator.
Complaints and Consequences: Inadequate Staff Index or competency levels can lead to complaints from vendors, customers, or co-workers. These complaints may result in negative consequences such as higher prices, reduced business opportunities, increased stress, and potential resignations.
Personality Assessment (if issue and resigning are in play): Departments require staff with specific personality traits to ensure a harmonious work environment. The OCEAN factors (Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism) capture different personality dimensions. Personality tests can help identify suitable candidates for specific positions. Personality-Position Alignment: Matching employee personalities to job requirements is crucial for reducing stress and maximizing productivity. Transferring employees to departments that align with their personalities can enhance job satisfaction and performance. Stress and Work Issues: Employees with high Neuroticism scores are more prone to developing work issues and potential resignations under stress. Identifying and managing stress factors can help retain valuable employees and maintain a stable workforce.
MonsoonSIM Recruitment and Retention Strategies: Effective recruitment strategies consider both competency and personality profiles. Investing in training and development programs can quickly enhance employee competencies.
Counseling and support can reduce the likelihood of resignations but are not guaranteed in all cases.
Staff does not consume any space or area.
MonsoonSIM's HCM module enables learners to analyze workforce performance and leverage valuable business intelligence to make informed decisions regarding recruitment, training, retention, and employee well-being. Note: The complexity of this module is configurable by the facilitator. It is recommended to start with the default configuration and gradually increase the complexity as the facilitator sees fit. This allows for a customizable learning experience tailored to the participants' needs and skill levels.
