Explore BrainMass
Share

Overpaid bank tellers

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Please read the case provided in the link below and then answer the four questions at the end of the case.

Thank you for helping me start this project.

http://books.google.com/books?id=sn69pKnGkM4C&pg=PA195&dq=the+overpaid+bank+tellers&hl=en&ei=Ga6jTdS8A4fLgQfriZWICg&sa=X&oi=book_result&ct=result&resnum=2&ved=0CDwQ6AEwAQ#v=onepage&q=the%20overpaid%20bank%20tellers&f=false

© BrainMass Inc. brainmass.com October 25, 2018, 4:45 am ad1c9bdddf
https://brainmass.com/business/auditing/overpaid-bank-tellers-391981

Solution Preview

Hello. Thank you for choosing me as your OTA. I provide the following to assist you after reviewing the scenario provided.

1. If you were on the bank's HR Committee, what would you do regarding raises for the tellers?

If I were on the HR Committee, I would advise the tellers that the raises that they receive would either be on a cost of living basis or on a merit basis. The committee should inform employees that as of a specific date (possibly at the next annual review in March), that this requirement would be due to employment opportunities, wages of competitors, the need to cut down on costs, and the confusion of employee wages.

2. How much faith should the HR Committee place in the accuracy of the wage survey?

I think that the HR Committee should place good weight in the accuracy of the ...

Solution Summary

This solution assists in a case study of overpaid bank tellers.

$2.19
See Also This Related BrainMass Solution

Case Study: The Overpaid Banktellers

1. If you were on the bank's HR Committee, what would you do regarding raises for the tellers?
2. How much faith should the HR Committee place in the accuracy of the wage survey?
3. Critique the bank's policy of giving merit raises which range from 0 to 12 percent, depending on job performance.
4. Critique the bank's policy of giving cost-of-living raises. Should they be eliminated?

View Full Posting Details