In this, the only remaining chapter of this Capstone Project, Section V contains both a brief review of findings thus far, as well as topics including: interpretations and implications; recommendations; further study suggestions; and Capstone Project conclusions. In presenting the essential facts in a comprehensive but concise manner, review of the findings as displayed throughout Section IV, include the data metrics of assigned values totals demonstrating both how those possible assigned values totals breakdown in each category, and how the aggregate findings of assigned values totals were calculated. The findings revealed that Verizon Wireless’s benefits package attained the highest possible score in only two out of the five individual categories: health and well-being, and financial rewards. The company tied with: Sprint and Google in time off/vacation; and with AT&T, Sprint, and T-Mobile in family; finally, Verizon Wireless lost to Sprint in the education category.
In analysis of the aggregate assigned values totals findings, Verizon Wireless achieved the highest score, which was 19.16% above the average of the five other organizations’ scores, but only 9.68% above the second highest attainment, by Sprint, and 23.61% above the two bottom scoring organizations, Samsung and Google. The results of the comparative analysis established that throughout the industry there is a small variation of less than ten percent between Verizon and the next leading company’s employee benefits packages. As this number may be considered derisory, discussion on implications, and recommendations become additionally necessary.
The fundamental aim of this Capstone Project was to decrease the knowledge gap about how Verizon Wireless’s benefits package compared in the industry, in the possibility of increasing competitive advantage in retaining and hiring top employees. This goal and its subsequent findings are considered significant as Dewitt (2009) stated,
Muscling up with superior talent can be the difference between business growth and business failure. Indeed, your people are the most valuable resource in your organization. And if you intend to establish your company as a destination for top talent, then you must have a benefits package in place that will attract them and keep them. (p. 43)
To aid in interpretation perspicuity of result implications, an additional table, Table A1 which can be found in Appendix B, was created and contains a percentage breakdown comparison to apply a grading system for discussion in this segment, and going forward. The table does not repeat results or introduce new results, but presents a general summary and grading system for easier implication deliberation.
The grades given for each company’s assigned values totals, combined with the percentages revealed above and the details of the comparative analysis indicate that although Verizon has the highest assigned grade, B, the company’s...