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Compensation Strategies


What is Variable Pay and 5 types of compensation that could be included in a Variable Pay plan? What specific type of variable pay would you develop for each department of the Riordan organization and why would you choose that type of pay

Whistle Blowers: Saints or Sinners

Any help with these questions would be much appreciated. Case Study is attached. Thank you. 1. Do you believe that whistle-blowing is good for organizations and its members, or is it, as David Stetler believes, often a means to extort financial gains from companies? 2. How might self-fulfilling prophecy affect a whistle

Motivating Employees for Success

Word about your wisdom must be spreading, because you are asked to lunch by another seminar participant. He has been hired as an OD consultant for a small privately owned property management company which has 30 residential properties in 10 states, each of which has been run by 10 on-site staff members. The apartment sites are s

Learning experiences

Learning is characterized as "any relatively permanent change in behavior that occurs as a result of experience". This also means that it also happens outside of schools, e.g. at workplaces. Give us an example of such a "lesson" that helped you to improve your job performance. Try to generalize this isolated experience of

Critically evaluate the existing compensation plan and recommend any changes.

"University Physician Compensation" Physicians practicing in eastern University's hospital have the following compensation agreement. Each doctor bills the patient (or Blue Cross Blue Shield) for his or her services. The doctor pays for all direct expenses incurred in the clinic, including nurses, medical malpractice insura

Compensation Plans

Based on the attached chart please address the following in 500 or more words. Compensation plans for the sales people ONLY not marketing people. Compensation plans for sales personnel. How can sales personnel be compensated so that they are motivated within each of the areas by both monetary and non-monetary means? How can

Compensation management is examined.

1. List three positions where wages are paid in terms of an annual salary. Why do these positions pay a salary instead of an hourly wage? 2. List three positions where wages are paid in terms of an hourly rate. Why do these positions pay an hourly rate instead of a salary? 3. Which law regulates the determination of the fo

The solution to CEO Compensation

Congressman Barney Frank introduced H.R. 42918, "The Protection Against Executive Compensation Abuse Act" to address concern over escalating CEO compensation. The legislation doesn't set any limits on individual CEO compensation but increases the requirements for the amount of information that needs to be provided to shareholder

Please help

C&DS6-5, Chapter 6 in "Fundamentals of Financial Accounting". Assume you work as an Accountant in the merchandising division of a large public company that makes and sells athletic clothing. To encourage the merchandising division to earn as much profit on each individual sale as possible, the division manager's pay is based,

Develop a new Compensation and Benefits package to enhance recruiting & retention

The Role of an Effective Compensation Package As the head of the HR department, you are required to develop a new compensation and benefits package to enhance recruiting and retention in the organization with the strategic objective of increasing overall production within the organization 25% over the next 5 years. If you do

Compensation and Benefits issues: discrimination, benefit package, merit pay

1. Angela Lacy, an African American employee in your accounts receivable department, has filed a charge of discrimination, alleging she was unfairly passed over for promotion and regularly receives smaller pay increases than do employees who perform less well (she alleges). You have to go to your boss, the VP of HR, and explain

Executive Summary: Occupational Health and Safety Issues

Can you help me get started on the following assignment? Prepare a 750-1,000-word executive summary in which you identify and analyze at least two to three occupational health and safety issues. Be sure to examine the occupation health and safety legislation that could possibly impact your selected Virtual Organization. Addit

Dominion Resources: shareholder approval of executive pay above $1M.

In March 2004, the pension plan of the Utility Workers Union of America proposed changing the corporate bylaws of Dominion Resources, Inc., so that in the future, management had to get shareholder approval of executive pay exceeding $1 million, as well as detailed information about the firm's executive incentive plans. Many unio

Common Compensation Terms

1.) A common compensation term used today is "total rewards." What does it mean to you and do you see value in it? 2.) Another common compensation term is "pay-for-performance." What does it mean and how could your current organization better use the philosophy? 3.) What benefit that your company provides is th

Ethical Issues in Compensation Strategy

This solution explores the ethical issues and considerations that have the potential to influence an organization's compensation decisions. This solution further investigates the ethical dilemmas a company faces when developing a compensation strategy.

Compensation and the Ethical Standard

For many people, today's pay issues have become synonymous with ethics issues.Where is the ethical bottom line in compensation policy? Propose an ethical standard or statement as a model for any company. Try to build consensus on what language best reflects the ethical standard for paying employees today. Do not limit your discu

Key Factors Affecting Compensation and Benefits; Fair Labor Standards Act (FLSA)

(1) EatNGas, Inc., founded in 1991, is a family-owned corporation with 15 combination convenience store/gas station locations and approximately 150 employees. A store manager is responsible for each store location. All accounting, budgeting, payroll, human resources, bulk ordering, energy corporation franchising, and overhead co

Can some provide some assistance with following discussion

Communicating Compensation and Benefits Policy Pay and bonuses are the things that get talked about most-yet are also the things about which we are asked to keep quiet. If a total compensation policy is solid, why would you not want to be honest and tell your employees and customers exactly what you are doing? Here are yo

Case Study Analyses - A.H. Robbins

III.) Analyze and Evaluate Alternatives (Chris) A. What area do problems exist? 1.) What caused them?/ Executives falsifying records 2.) Why?/To prevent harm to stakeholders B. Strengths and weaknesses of the processes 1.) Effectiveness of managerial competencie

Select a web source for competitive market data on employment and evalulate it

Web sources, consultants, word of mouth, and formal surveys are all sources of information used to determine competitive position in compensation. We have all heard the phrase, "I am underpaid." And, many of us have heard the response, "If you can get it elsewhere, go for it." So what market data is most relevant to determine a

Deutsche mark and the Ostmark

Despite official parity between the Deutsche mark and the Ostmark, the black market rate in early 1990 was about ten Ostmarks for one Deutsche mark. What problems might setting the exchange rate at one Ostmark for each DM create for Germany?

Application of Unemployment Compensation

Can you help explain the application of Unemployment Compensation in the current employment environment and describe the impetus of Unemployment Compensation as well as how it evolved from organized labor activity into a more widespread application?