Answer the following questions regarding the link between pay and employee performance. Using Motorola company as an example of your analysis.
- Should pay be linked to the present or expected value to the organization?
- Should pay be adjusted at certain points in transformation process?
- Who is going to monitor the process and determine if the pay being awarded is having a positive effect on hard-wiring behavior?
- How might linking pay to performance enhance or impede organizational change within an organization.
I have provided some ideas for you to work from. Read this information and see if it fits your focus and personal knowledge. The linking of examples should also help expand the word count. I also included a few resources for you to look at and decide if they apply for your focus. Some of these also have some resources you might be able to use.
Pay should be linked to both present value to the organization and the expected value they will bring to the organization. The equity for the company cannot be solely based on the present value because it does not provide incentive for continuing or improved productivity. Nor does it fulfill the needs of the company to have employees who provide vision and efforts to innovate and improve processes. However, basing pay on expected values can result in pay increases less often, which can create issues with motivation. When it is a long time between increases, people become frustrated ...
This solution provides a review, based on the questions supplied regarding employee compensation.
Recommend Compensation Plan
The recommendation of Kudler Food's compensation plan will include components of the following:
a) The job analysis using the job position and new job descriptions.
b) The job design which includes the job based and person based assessment.
c) A discussion on the competitive compensation rates in the market.
d) Performance evaluations at each level within the organization.
Prepare a response that discusses how the components of the recommended plan helps Kudler achieve its new strategy. Describe the message that a compensation strategy conveys to employees. Also recommend an administration approach for Kudler¡¦s Human Resource Functions. This discussion should include how the recommended compensation plan will be carried out and implemented within the Kudler Foods organization.View Full Posting Details