1. (Mt) – HR Management
Your reply posts should consist of at least three of the following:Ask a probing or clarifying
question.Share an insight from having read the colleague’s posting. Offer and support an
opinion.Validate an idea with your own experience.Make a suggestion.Expand on the
colleague’s posting.Ask for evidence that supports ing.Always be respectful and
collegial.(Alexis)I am the most familiar with overtime pay, tips incentive plans, hourly rates
and shift differentials. I have the most experience with hourly rates, because I am payed
hourly where I am currently employed and have only been paid hourly by previous
employers. I believe hourly pay is appropriate for the work being done, because I feel I am
being compensated fairly. Any hours I work after my 40 hours during a work week is
considered overtime pay. Overtime pay is not offered often, but when it is, I try to take
advantage of it. The company I previously worked for would pay a shift differential
whenever I would pick up an overnight shift. I believe this type of pay was appropriate for
the work being done during the hours it was being done. I feel those who work the
overnight shift should be compensated because it is not an easy shift to work. Most people
go for the morning and afternoon shifts because it is easier to function during those shifts
and you do not lose majority of your day sleeping trying to catch up from working
overnight. My current employer offers tips incentive/ bonus plans if we can keep our
numbers in the first tier for certain things required by insurance companies.(Rachel)I
started working when I was 16 years old. As horrible as it sounds, when I was 16 money
was money. I did not know that there were so many different types of pay such as salaries,
hourly rates, price rates, shift differentials, overtime pay, tips, incentive plans, commissions
and so much more. An hourly employee is paid for each hour worked and is generally a non-
managerial, service, retail, or part-time employee. Most hourly employees are considered
non-exempt from federal labor laws, which means they receive overtime pay whenever they
work more than 40 hours a week. A salaried employee is hired based on a prearranged
compensation for work performed, usually as an annual amount. Salaried employees are
exempt from overtime pay and minimum wage requirements and often have managerial or
professional responsibilities. Commission is a form of compensation that’s typically based
on an employee’s sales performance or completion of a task. Commission can be paid in
addition to a salary or instead of a salary. Hourly employees who also receive a commission
must be paid at least the minimum wage for hourly workers. Overtime is paid for any hour
an employee works beyond an 8-hour workday or a 40-hour work week. Employers must
pay hourly employees at least 1.5 times their regular pay rate for every overtime hour
2. worked.Cash tips are gratuities that are paid to employees in cash, rather than through their
paycheck. You enter the reported cash amount so that we can withhold the taxes for these
tips when you create paychecks. I have pretty much had experiences with all of these types
of pay. From being paid hourly as a customer service role at Hollister in high school to
working as a server and bartender on tips in college to making a salary this year with
commission. I think that each job was appropriate for the pay and the work being done. I
think that the commission structure could use some work but I understand that they pay a
salary and the bonus is based on how well you perform.Reference Mondy, R. W., &
Martocchio, J. J. (2016). Human resource management. Boston: Pearson
Education.(Sydney)Salary increases are a great way to motivate employees. Everyone is
motivated by money in some capacity and increasing the money an individual makes is
always going to motivate them in some way or another. I think that merit based pay
increases are the best way to motivate an employee. People enjoy being recognized and
rewarded for their hard work. Incentive based pay increases such as this is, a great way to
show an employee that their hard work is important and appreciated. Having merit based
pay systems in place is a great way to motivate employees long-term. The text discusses
how this pay structure “motivates future performance” (Mondy, 2016, p.229). This happens
because after an employee notices that they are being rewarded for hard work they
continue to work hard seeking more rewards. I also think that cost of living pay increases
can be quite motivational. It is important that employees feel as though they are making
enough money to support themselves. They cannot do that if they feel as though they are
not making enough to afford the place they are living at. This is why, if an employee receives
an increase in pay due to cost of living, they may feel as though their job is more stable for
them and they may be more inclined to stay and perform with the current company.Mondy,
R. Wayne & Martocchio, Joseph, J. (2016). Human Resource Management (14th ed.)., Direct
Financial Compensation (Core Compensation),Chapter 9.(Taylor)I have personally always
liked the concept of a “spot bonus.” “Spot bonuses are relatively small monetary gifts
provided to employees for outstanding work or effort during a reasonably short period of
time” (Mondy, 2016). I believe that this idea is a great way to motivate employees’ because
people generally have short memories and attention spans. So having a visual reminder like
a one hundred dollar bill or a gift card is a great way to motivate employees’ to work harder
or complete a difficult task. I had a manager once that used spot bonuses to motivate me
and my co-workers. I was working as a sales associate and the team I was on was not
meeting our monthly sales goals. My manager did not have the authority to pay commission
or increase our pay in any way. So he introduced a sales competition in which the winner
would win a one hundred dollar bill and if the team met the monthly sales goal we would be
treated to a nice lunch. Even though the one hundred dollars and the lunch were relatively
small bonuses everyone on the team felt appreciated because their hard work was noticed,
valued and rewarded. A spot bonus is a great way to show appreciation and when
employees’ feel appreciated they are motivated to work
harder. Reference Martocchio, J., & Mondy, R. (2016). Human
resource management (14th Ed.). Pearson