Advantages and Disadvantages of Person-focused pay
Explain what constitutes person-focused pay and the advantages and disadvantages for employees of these types of programs. How do these programs vary from merit based programs?
Explain what constitutes person-focused pay and the advantages and disadvantages for employees of these types of programs. How do these programs vary from merit based programs?
Discuss the differences between traditional pay systems and incentive pay systems. Which system would you prefer to be used at your company? Explain your choice.
What actions can an organization take to link employee performance measurement to identified business goals? Describe specific steps, and how they connect pay for performance.
Can you give an example for description of a compensation issue and how it would impact the pay system of a public or nonprofit organization. Would you provide a reference please?
Describe the major parts of a job description and the procedures used for collecting job information. Explain the differences between a responsibility statement and a duty statement, and discuss the reasons job descriptions are valuable to employers and employees.
Describe the differences between a job description, a position description, and a class description.
1. Should there be federal legislation that guarantees equal pay based on gender for equal work? 2. Because there are fewer women promoted to managerial positions does this mean there is gender discrimination? 3. Is it fair to companies who are government contractors to have to report their pay based on gender and race?
Except for Family and Medical Leave, the other benefits were brought about decades ago. What could be some changes in the business area and us as a society might affect the statutes or capabilities of these benefits?
Please help with the following problem: I am researching both defined contributions plans and defined benefit plans, I can not find where one is more beneficial over the other for either employee or employer. They both have their advantages and disadvantages.
I need some additional information on this topic: Describe the major differences between Base Pay and Incentive Pay, and the advantages of each to the both the employee and the organization. For incentive pay use the simple definition of "a lump sum bonus paid annually and based on individual performance or performance goals".
Hi I am hoping someone can assist me. We have to detail non cash compensation by division for my company. Can someone please explain what noncash compensation is and what expenses are included in noncash compensation and why they are considered noncash compensation?
Options Menu: Forum Module 6 All organizations that have a payroll also have a compensation strategy. The strategy may have developed informally from the pay decisions made, or have been inferred based on the organization's compensation practices over time. The best practice type of strategy assumes that there is a best
Just looking for a few paragraphs to get a discussion rolling. What arguments would you use to defend a fixed pay system such as union or government scale that had no performance measures? In contrast, what arguments would you use to persuade an organization to vary its pay rates based on individual job performance?
As an IHRM Manager you are trying to recruit employees of an occupation category in which there is a nationwide shortage to work. These employees are to be assigned as expatriates in your foreign operation. What could you include in the compensation and benefits package that might induce these employees to take a foreign assignm
Describe the various types of flexible work schedules. Would you prefer working one of these schedules or would you prefer a regular schedule? Explain your answer.
Identify and explain the different types of contingent workers. Why might a company choose a contingent worker over a regular full time employee?
Explain the similarities and differences that exist among merit pay systems, incentive pay systems, and person-focused pay systems. Of the three of these pay systems, which one would you implement at your company? Explain your choice. Your response should be at least 200 words in length. You must use at least your textbook t
What are the particular forms of deferred compensation? Provide a detailed explanation of each.
I am working on a large research paper for a Human Resources Wages and Compensation class and am looking for help on an 8-10 page portion addressing Alternative Compensation Methods (systems, trends, non-monetary compensation, and benefits package design.) Also touching on how employers are going beyond simple salary-based com
Explain the four categories of performance appraisal plans. Determine which of these plans you would prefer at your own organization. Explain your choice.
Choose three external compensation forces and explain their influence on the design and execution of an organization's compensation strategy. Your answer should be at least 200 words, and include APA formatted references. Your response should be at least 200 words in length. You must use at least your textbook to complete thi
List and describe the seven types of monetary compensation.
As a Human Resources Manager of a medium size company, you and your staff have been given the task of creating job descriptions for all the positions in your company (there are 100 different positions). You are the expert in this area and must quickly come up with a job analysis interview that will be used during the analysis pr
What constitutes giving a pay raise? Do companies willingly or hesitantly give them? What field receives the most pay raises (Sales?) and why? Tips on getting a pay raise? Do employees still out perform co-workers after receiving a pay raise?
Currently, a number of firms employ the S.M.A.R.T. objectives technique when creating personal performance objectives. Should they continue to employ this technique or change to another technique? Explain your answer in 150 words, using a specific example to support your points.
You are the compensation manager for a start-up internet company. The CEO wants to know what the best pay level policy is for this organization. Prepare a memo to the CEO explaining the three options the company can choose from and what your recommendation is, and why.
Why is strategic compensation important for the long-term success of a company? Provide detailed steps that company should take to create a long-term strategic compensation plan
Research and discuss of Merit Pay Incentive Plan and Team or Group Incentive Plan and Highlight the possible advantages and disadvantages of each. The paper must be correctly formatted according to APA style guidelines
Identify two ways an organization's compensation plan may be linked to key objectives, and explain how they could benefit the organization. When considering a reward and recognition plan that effectively retains employees, what are some key components that must be included? Why?
Examine how an organization can maintain its costly benefit structure while remaining competitive against countries whose companies do not offer such benefits.