Question

Consider the following scenario.

You work as executive in a Human Resource department.

Your manager asks you to do the following to attract good candidates:

1) Offer high salary

2) Avoid mentioning long office hours with no possibility of flexible timings

3) Offer substantial bonus based on performance

Which framework is this manager assuming? Discuss.

Hint: discuss which one is the dependent variable and which ones are the explanatory variables, and how you could assess if this framework is correct.

Answer 1

Offering a high salary and Offer substantial bonuses based on performance are dependent variables. On the other hand, Avoid mentioning long office hours with no possibility of flexible timings is an explanatory variable.

The manager will be assumed to adopt framework 2, which is, Avoid mentioning long office hours with no possibility of flexible timings. This is because it is an independent (explanatory) variable that will help the manager create a pool of candidates. Most of the companies are not able to attract good employees because they ignore independent variables. So, in this situation, the manager will choose an explanatory variable to attract more candidates and then start its screening processes to find the most suitable employees.

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