Using your own example of providing a people practice solution to meet a particular need, or a hypothetical example such as introducing a new policy or reward initiative, comment on how you would/have evaluated the impact of the solution in terms of how well it met the needs of and engaged all those it was aimed at. (2.3)

The strengths of the new policy was to increase employee retention, boost morale, increase productivity and eventually the organisation’s profitability. The main shortcoming of the policy would be the financial risks posed due to budgetary constraints. Therefore, to determine the rate of retention, the formula for calculating employee retention was applied and though there was turnover it appeared to have decreased. 360 degree feedback can be used to get feedback on employee morale and their feeling towards the new policies and a high percentage mentioned feeling motivated to achieve their goals due to possibilities of promotion and the biannual bonuses. Employee productivity was evaluated using performance appraisals which will show how productive employees are in achieving organisational goals and many employees had met over 50% of their goals. Finally financial measures such as Return on Investment and KPIs were used to determine how profitable these policies have been to the organisation and although it was farsighted there was a possibility of increased profitability.