HR Simulation Q7

To account for our mistakes in the sixth quarter, our team decided that we would overspend this quarter in an attempt to bring the company back above the industry averages. By spending over $600,000 this quarter we hoped to make the employees feel more valued than employees of other companies in our industry. We also held off from firing the extra workers because we did not want to lower the morale of our workforce. In hindsight, it would have probably made sense to fire the extra workers this quarter when we were spending the extra money instead of waiting until we were restricted to an extremely tight budget. After spending over $600,000 this quarter, we were left with under $300,000 for our final quarter. However, when we received the results from quarter seven, our company was doing extremely well in all areas and our group was quite pleased.

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