1. Choose two (2) objectives of compensation management and recommend strategies on how to achieve them.
Q: To improve the business impact of employee development programs, employers should: a. A Identify…
A: Ans. Introduction Employee development programs refers to those programs order processes in which…
Q: how would you design the compensation system to have labor cost flexibility?
A: A compensation plan includes all of the compensatory components of a company's strategy such as…
Q: Which of the following suggestions would be based on an application of equity theory? a. Ensure…
A: Equity theory is the theory of motivation given by John Stacey Adams. It says that people in the…
Q: Suppose you work in the HR department of a manufacturing company that is planning to enrich jobs by…
A: HR section has made a strategy to the improve the jobs of the manufacture employees by having them…
Q: Explain the differences between human resource management and human resource development. In your…
A: Training and Growth is an organizational subsystem that emphasizes the enhancement of person and…
Q: Now suggest to the boss that what chance should be given to Ms. Tia to improve her performance and…
A: Tia was working in a different function, but she was moved to perform the HR role. However, there…
Q: Effective recruitment and selection are the pre-conditions for achieving higher employee’s…
A: Recruitment and selection refer to the process of informing the general public about the designated…
Q: Reply to BB about the legal issues you see in his handling of this incident.
A: The legal issues you see in his handling of this incident. HR manager is addressing the issues in…
Q: Q1. What are the major issues of HR in Fusion Electric Company? Q2. As a customer what would you…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: PART B: TRUE OR FALSE QUESTIONS 1 Training is an opportunity for promotion in position. True / False…
A: Dear student as per our guidelines we can answer only 1 question in case of multiple questions…
Q: You just got a job as a manager with a start-up company. As a manager, you are responsible for…
A: Motivation is the process that guides and maintains work-oriented behaviors. It causes us to act.…
Q: Choose two (2) objectives of compensation management and recommend strategies on how to achieve them
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: As a HR Manager of PDO Company, you have been asked to make presentation on ‘Compensation and…
A: COMPENSATION and BENEFITS: This refers to the quantitative and qualitative benefits given to the…
Q: 1. As one of the company resources, human capital is: a. the wages, benefits, and other costs…
A: Concept Of Human Capital - Human Capital, is a concept, which can be elaborated as the different…
Q: As the director of HR, you are in a meeting with your corporate officers discussing the firm's…
A: As the HR director, if a meeting is held with the corporate officers for discussing the firm's…
Q: Some employers today are using a variety of soft benefits (such as free or low-cost on-site…
A: In today's growing business world, companies use different strategies to attract new talent and…
Q: Kwaku applied for a job as a Geologist with Search Services, a market research firm and to improve…
A: GIVEN,
Q: Dinn, Human Resource Manager of East Mando Trading Company, is best known for the way he keeps…
A: Retooling is a process of organisational development in entrepreneurship. Hence, option (B) is…
Q: Critically analyze the current training program of the company? b) If you were asked to suggest…
A: Generally Candidates search for high pay scales jobs and with good position and thus the concept…
Q: 3. give an example of how job evaluation occurs in the compensation system. 4. give a sample…
A: Compensation is consists of pay or rewards which go to the employees for productivity in the…
Q: Frank is a twenty year employee of Acme Corporation. He has been a satisfactory performer and hasn’t…
A: Human Resource Management: Human resources management is the process of managing the human element…
Q: The structure of a sales compensation plan differs by business and it is typically based on team…
A: Compensation is the monetary amount that is received by the employer when he renders his services to…
Q: erview
A: Job analysis: It is a process through which the human resource department does a detailed study of…
Q: One of the roles of human resource management (HRM) is to develop and support organizational…
A: Human resource management (HRM) consists of activities, which required human resources (people) to…
Q: 2. , explain what compensation components are by providing examples. 3. give an example of how job…
A: ''Since you have asked multiple questions so we will solve the first question for you. If you want…
Q: What do you see as the advantages and disadvantages to a task-based job analysis versus a…
A: The process of acquiring and analyzing information regarding the content and human requirements of…
Q: Many businesses are moving away from the base salary concept and trying to adopt the new systems…
A: In order to retain the employees, the organization should have proper compensation plans to boost…
Q: Which one of the following statement is INCORRECT? E. HRM involves a wide range of activities and…
A: Human resource management: The practice of managing people in an organisational setup This is the…
Q: The HR director at Clearwater Electronics has had negative feedback from employees about perceived…
A: Compensation and rewards are paid to employees in exchange for the services delivered for the…
Q: Assume you are an HR business partner and leader in a full-size HR department for your organization.…
A: As a business visionary you will experience various work law necessities. Your responsibility is to…
Q: Which of the following statements is true of contemporary human resource management (HRM)? HRM…
A: The correct option is D: One of the major roles of the Human Resource Management (HRM) department…
Q: Point out the mistake b. Correct the mistake
A: There is always a need for qualified accountants across a variety of industries, making accounting…
Q: The goal of this exercise is to challenge your knowledge of the two kinds of employee performance…
A: Objective performance appraisal measures are independent in nature in which employees performance is…
Q: Explain 2 strategies that can be implemented to ensure that your employees feel valued in the…
A: There exist several strategies that can be im[lemented in order to make the employees feel valued at…
Q: t is the meaning of 'intrinsic' compensation and 'extrinsic' compensation. Explain how both types of…
A: Drawbacks associated with motivation are: 1. Motivation through the use of non financial incentives…
Q: The top executives of a government organization decided to organize an early training assessment…
A: Training refers to a systematic and continuous process to enhance the job skills and knowledge of…
Q: How can having well-thought-out job analysis and job descriptions help give clarity to who is right…
A: Job analysis is the method involved with concentrating on a job to figure out which exercises and…
Q: Which one of the following statements is incorrect about the characteristics of a good compensation…
A: Successful pay plans center around rousing salesmen to meet both strategic and key organization…
Q: Based on the descriptions provided, identify the type of power in each instance. 1. Employees are…
A: INTRODUCTION: Any organization's power is a crucial component. It is the ability to persuade people…
Q: OME WORK CHAPTER 11- Total Rewards & Compensation 19. Describe how an organization can best deal…
A: A red-circled employee is a labourer whose wages are at the highest point of the compensation range…
1. Choose two (2) objectives of compensation management and recommend strategies on how to achieve them.
2. In no more than three (3) sentences, explain what compensation components are by providing examples.
3. In no more than five (5) sentences, give an example of how job evaluation occurs in the compensationy system.
Step by step
Solved in 2 steps
- 1. Choose two (2) objectives of compensation management and recommend strategies on how to achieve them. 2. In no more than three (3) sentences, explain what compensation components are by providing examples. 3. In no more than five (5) sentences, give an example of how job evaluation occurs in the compensation system.1. Describe the components of total rewards. 2. List the strategic decisions that can guide the design of compensation practices.Pay-for-performance compensation models improve employee engagement and retention by clearly tying employee or company achievement of performance goals to tangible financial rewards. 1. What are the advantages and disadvantages if pay-for-performance compensation model will be adopted by the government? 2. Which government agency will benefit from this compensation model?
- How would you define an effective reward system? What role do benefits serve in a reward system? How could job analysis be relevant to each of the six key HRM activities discussed in the chapter (i.e., planning, staffing, training, performance appraisal, reward systems, and labor relations)? What purpose does performance appraisal serve? Why are there so many appraisal methods? Which have you experienced, and what do you think of how they were used? What are some of the key ideas to remember when conducting a performance interview?What are the two critical uses of job analysis when applied to compensation? When conducting a job analysis, what is an advantage of conventional methods such as questionnaires and interviews?2. , explain what compensation components are by providingexamples.3. give an example of how job evaluation occurs in the compensationsystem.4. give a sample situation where an employee can get an incentivepay.5. give examples that will differentiate performance and longevity ascompensation bases.
- What are employee benefits? Explain how they are a major part of the compensation package. Review a current compensation package and determine if it is adequate and fair given the tasks needed in the job.Compensation covers everything an employer offers an employee in return for their work. Employee compensation often plays a significant role in different areas of the workplace and may affect everything from turnover to workers morale.explain how compensation can impact the following: 1. legal compliance 2. employee motivation 3. employee retention 4. recruitment7. Discuss the strategic decisions that guide the design of compensation practices for a company. 8. Explain the difference between an entitlement philosophy and a performance philosophy.
- What are suggestions to improve the problems of forcing employees to sign salary reduction contracts ? the recommendations must be related on concepts of compensation managementOn comparable positions, determine a pay range for each of the jobs or groups of jobs. what would be a compensation philosophy is (i.e. will there be base and variable pay and if so, at what levels?, if you are hiring at the low, middle or high end of the pay range and what are implications for doing so?). E-commerce Marketing Manager/Sales Division Manager/Senior IT Manager/Traffic Manager Returns/Inventory Processor Administrative HR Assistant/Mailroom Coordinator Marketing Director/Director of Supply Chains and LogisticThere is a common concern today that executive compensation in the U.S. is: Multiple Choice O O Not adequately linked to strategic performance measures. Ineffective as a performance incentive. Not properly disclosed to the IRS. Too diverse among industries. Too low for the value added.