Performance Incentive Table

(a) Add a new column to the Staff Salary Table to compute the

Performance Incentive by using the “VLOOKUP” function in Excel to  automate the search for the respective performance incentives based on the staff member’s overall sales performance for the month.   (3 marks)

(b) Add two new columns to the Staff Salary Table. In the first

new column, find the number of years each staff member has worked for the company based on the date he or she has joined the company. In the   second new column, use the IF function in Excel to determine the long service bonus for each staff. A staff will be given a monthly long service bonus of $100 if he or she has worked for the company for more than 10 years. (4 marks)

(c) Add a new column to the Staff Salary Table to compute the

Gross Salary for each staff including the performance incentive and long service bonus. Gross Salary is computed by adding the basic salary, monthly performance incentives and the long service bonus. (3 marks)

(d) Add four new columns to the Staff Salary Table for calculating

the Age of Staff, Employee’s CPF and Employer’s CPF contributions and Net Salary. The Age of Staff can be computed by using the date ofbirth in relation to current date using the ‘=Today()’ function in Excel. You will also need to calculate the Employee’s CPF and Employer’s CPF contributions based on the Gross Salary times the rates published by Singapore CPF Board. Go to Singapore CPF Board website to find out the most current employee’s and employer’s CPF contributions rates in relation to the person’s age. Compute the required employee’s and employer’s contributions by using the “VLOOKUP” function to dynamically determine the amount based on a table that shows the age and the respective CPF rates you found from the CPF Board website. The Net Salary can be computed by using the Gross Salary minus the Employee’s CPF contribution amount.   (5 marks)

(e) Singapore Labour Law requires all companies to generate a monthly pay slip for the staff. Develop a Mail Merge Template in Microsoft Words linking to your Excel table to help generate the pay slip for each staff based on the following format:

(5 marks)

Part 2 - Chart and Other Statistics (5 marks)

(a)       Create a suitable chart to show the distribution of Net Salary paid to each staff.  (3 marks)

(b)       Use a suitable Excel function to compute the Total Net Salary for staffs above the age of 50.   (2 marks)

Part 3 - Computation of Loans (5 marks)

The management has recently approved a 10-years study loan for one of the staff members who wanted to pursue his postgraduate studies. The total amount of the loan is $65,000 at a very favourable annual interest rate of 3.18%.

The management has decided to deduct the repayment of the loan by following an affordable monthly installment plan over 120 months from the staff’s monthly salary. You are required to demonstrate how to use the PMT function in Excel to compute the monthly loan repayment amount to be deducted from the staff’s salary.   (5 marks)

Section B - Ecommerce Website Development (35 marks)

Sports Connect Pte Ltd is a fast-growing local sports retailer that offers a wide range of high performance sporting apparel, footwear and accessories. It also offers a wide selection  of  sportswear  and  sports  gear  across  various  sports  disciplines.  The company currently has a physical retail store located at the Kallang Wave Mall.

Mr. Solomon Sung, the Managing Director of the company, hopes to increase the company’s sales revenue by developing an online e-commerce website. Your team has been appointed to design and develop the company’swebsite.

The main objective of the e-commerce website is to promote the company’s brand name and products online by providing information pertaining to the company’s profile, history and product catalogues, including product photos, descriptions and retail prices. You should also provide any other relevant information that can be useful for attracting customers to the website.

The website should include the following pages:

Main Page (Home Page)

•   A general description of your website, special promotions that would serve as a key attraction for the site visitors.

About Us

•   A general description of the company’s profile, including vision, mission and core value statements.

•    Sections  such  as  “Awards”.  It’s  perfectly  appropriate  to  mention  past achievements provided they’re relevant and significant.

Product Catalogues

•   Photos,  descriptions  and  retail  prices  of  all  popular  products   currently available to the customers.

Shopping Cart

•   Customers can purchase products they like online.

•   Customers will be able to select the various options related to the products.

Contact

•   A description and hyperlink for visitors to contact you (i.e. address, phone number, email, opening hours).

•   Google Map that shows the location of the company.

•   Include an online form that will allow customers to make enquiries.

Logo

You are required to design a new logo for the company.

Blog

The website should include a Blog for customers to post and discuss their opinions about the products they have purchased or to provide suggestions on the types of products they would like the company to sell.

Section C - Ecommerce Discussions (10 marks)

(a) Ecommerce Success

Discuss FIVE effective ways to use Social Media to grow your eCommerce business.

(b) Ecommerce Security

Discuss FIVE security measures the company should implement to minimise possible cybersecurity threats to the ecommerce site.

Section D - Presentation (25 marks)

Each student will be required to make a presentation (video presentation) about their assignments during the last few lessons. Your lecturer will provide more details about the format and structure of the presentation.

Each student will be given 5- 10 minutes to present the assignments.

Website Design Software

Students are encouraged to use the free version of online website builders such as Wix.com or site123.com, for this assignment.

Please consult your lecturer first if you intend to use other website design applications or web authoring tools.

Submission Guidelines

You will need to upload the following files to the Canvas (Learning Management System) dropbox by the assignment due date:

1. MS Excel file.

2. MS Word file containing the following:

a.   the Mail Merge Template and the generated Pay Slips

b.   discussions on Ecommerce for Section C

c.   ecommerce website address