Purchase Solution

Compensation & Benefits -best-fit and best-practices perspective

Not what you're looking for?

Ask Custom Question

Contrast the essential differences between the best-fit and best-practices perspectives.

Purchase this Solution
Solution Summary

The essential differences between the best-fit and best-practice perspectives are analyzed for compensation and benefits.

Solution Preview

Contrast the essential differences between the best-fit and best-practices perspectives.

The best-practices perspective espouses the notion that that organizations will have the most optimal performance if they are able to identify the best practices and ...

Purchase this Solution
Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

View More Free Quizzes
Related BrainMass Solutions

  • International Compensation Strategy

    In the best fit compensation strategy, which is more widely accepted and used, four steps are used to develop a planned total compensation strategy.

  • HR

    Trends and best practices in compensation and benefits The trends in compensation are internal equity in pay and pay for performance.

  • Managing Workers' Compensation Claims

    Best practices include timely investigation of the incident, collaboration with the medical staff to assist with return to work, frequent communication with the employee and prompt issuance of benefits/compensation due.

  • information security and privacy

    For example, information about compensation structure can be misused by competitors to attract organization's best talent into their own organization.

  • Manufacturing Based on Exchange Rates and Hourly Compensation

    The next best choice is China, due to the similarly low rate of compensation and stable exchange rate. This solution discusses the decision to manufacture based on exchange rates and hourly compensation.

  • Compensation issues, role of US government.

    At the same time, government can play a role in monitoring the practices of corporations to ensure that best practices are being deployed as per minimal standards and regulations.

  • HR Employee Recruitment

    Devise three motivational strategies to keep employees retained Question 3: Analyze the relationship between interviewing preparations (for best fit results) and the role compensation and benefits play in hiring the best fit employee.

  • HR: Experience with performance appraisals; motivating or a waste of time.

    Source - Attached PDF Best Practices to Ensure Fair Compensation Carefully Choose Performance Criteria Against what standards should you evaluate employee performance?

  • Unfamiliar Labor Market

    With thorough research and updates about HR practices being followed, the company has a lot to offer as an employer- nice working environment, friendly relationships between management and employees, and best compensation package in the industry combined

View More Related Solutions