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Strategic Compensation Henderson Printing
Strategic Compensation Henderson Printing June 12 2012 Case Study Henderson Printing As a
component of the structural variables in the organization of Henderson Printing the reward system is
archaic and ineffective at best, it is therefore important to understand the contextual variables
affecting Henderson that will determine the most appropriate managerial strategy for this
organization. Of the five contextual variables, Environment is the most critical. Henderson Printing
is operating in an environment that is stable, their technology is not changing rapidly, they do not
have an unpredictable regulatory environment, the life cycles of their products are long term, and
demand for the their ... Show more content on Helpwriting.net ...
Base pay will be determined according to the value of the skills and competencies an employee has
acquired on the production floor, there will be the incentive for skill development as employees base
pay will increase as their skill proficiencies enlarge. This will also create mobility between jobs in
the organization as many members will be proficient in numerous jobs. Compensating the
organizations sales staff through the use properly designed performance pay will lead to profitable
sales for the organization. Once again linking compensation to performance will benefit the
organization in its ability to pay. It is important to design the compensation of the sales staff in a
manner that encompasses all of the organizations goals as communicating with production staff will
be a key component of the High Involvement Strategy, and it is important for the organization to
demonstrate a commitment to the sales team that the relationship is not just purely financial.
Therefore direct compensation for them should consist of a minimum base salary upon which their
commissions are added. Henderson Printing conducts its business in the province of Nova Scotia
therefore they are obligated to provide: A vacation of two weeks after 12 months of service and
within the following 10 months or, if the employee has been employed with the same employer
longer than 8 years, a vacation of at least three weeks Vacation pay of
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Benefits And Benefits Of Employee Benefits Essay
Employee benefits are all forms of consideration given by an enterprise in place of service rendered
by employees. Post employment benefits are employee benefits which are payable after the
employment period is completed. Profit sharing & bonus payment: an organisation should observe
the future cost of profit sharing and bonus payments only if the organisation has a present obligation
to make these payments based on the result of past events. A trustworthy assessment of the
obligation can be made. In some profit sharing plans, the employees would receive a particular share
of the profit only if they continue with the organisation for a specified period. There are numerous
natural advantages to furnishing your workers with an exhaustive advantage arrangement. For most,
it is the capacity to discover and keep exceptionally qualified staff that is the key driver. With the
segment being exceedingly aggressive and the quantity of new employee entering the workforce
waning, businesses are tested to wind up significantly more imaginative and responsive in the
outline, timing and liberality of their advantage arranges. The more dynamic the association, the
more adaptable the structure is in light of today 's difficulties: i.e. like having four distinct eras of
employee working next to each other. Bosses who keep on providing the more conventional and
constrained system, may think that its more hard to discover and keep diverse sorts of employee.
Here are some of the upsides of
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Compensation Plan For Marriott, Inc.
Marriott Compensation Outline Assessing the current compensation plan to establish if it is suitable
for Marriott, Inc. The present compensation plan of Marriott, Inc. aims at drawing and maintaining
the best human resources possible. The plan serves numerous reasons for Marriott, Inc.
Compensation plan for executives is a result through a committee and mainly depend on an
extended term in fair compensation. Ensuring that the executives makes the decision that correlates
with the objectives of the company. Their program is created to drive performance through a
mixture of near–term finances, working goals and long–term focus on their stock price performance.
The reliability in how the company achieves their compensation program and their objectives under
that program has proven to be a significant influence. Their viewpoint remains to accentuate fairness
within compensation as the most important element of the NEOs' total program that supports our
pay–for–performance purposes. (EXECUTIVE AND DIRECTOR COMPENSATION, 2016)
Concentrating more so on long–term outcomes. Allowing investors to go beyond four years from
now excluding the expenses in the current year, because they look for the increase in drive through
stocks and short–term trends. By including these long–term outcomes within the compensation plan
would allow multi–year measures and build a team that will be within the company for a long
period. All combined would build great determination towards long term goals.
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The Work Systems And Organizational Structure Of The...
Assignment #7 This paper will examine the work systems and organizational structure of the
Healthcare Employees Benefits (HEB) Manitoba. I will explain the current system in place and
present how changes in work and technology may affect potential future changes to the work
systems. As well, the potential benefits and obstacles to these changes will be explored. HEB
Manitoba is the pension and benefit provider for 70,000 active and retired healthcare workers in
Manitoba. It emerged from the consolidation of three pension plans during two mergers in the mid–
1990s. Since the mergers, it has grown from 12 employees to more than 150 employees. It has a
proto–typical hierarchal organization, with 1 senior executive, 5 executives, 25 managers and
approximately 120 employees. Some managers have no employees reporting to them, but managers
with direct reports average about eight employees each. The departments divide according to job
function, including finance, corporate services, pensions and benefits, disability and information
systems. The majority of the departments split into further sub–departments, with the largest
department, the pension and benefits department, consisting of 57 employees. Workflow generally
stays within one department, but can cross over between departments. Sub–departments typically
focus on specific tasks, such as reviewing files for data accuracy, preparing pension calculations, or
administering the information network. As the largest department, the
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Should Paternity Leave Be A Mandatory Employee Benefit?
It Takes Two
A brand–new family has just brought home a screaming and crying baby, the best part is that they
both have a month off work to love, care, and nurture this newborn into the world while getting
paid. Sweden was the first country to introduce paid paternity leave as a mandatory employee
benefit, followed closely by the other Nordic countries: Finland, Denmark, Iceland, and Norway.
Since its introduction, paid paternity leave continues to make gains, making the Nordics the eye of
focus when discussing implementation of such policies in other countries. Due to the 'Father Quota'
the Nordic Countries have been successful in economically supporting paid paternity leave as an
employee benefit, which has led to benefits seen in the economy, family health, and newborn
development.
Summary
When a mother holds a job and then becomes pregnant she is presented with two options. The first
of which would be to quit, or if lucky the company many offer an employee benefit leave. The basis
of leave, as an employee benefit, is maternity leave. This offers a certain amount of time paid or
unpaid to the mother after the birth of the child. The next step up would be paternity leave or
paternal leave. This is leave that not only is offered to the mother but also the father so that both
parents may spend the first few weeks at home with the newborn. Not all countries have the basic
guarantee to the maternity leave. Let alone the idea of paternity leave, which is still considered
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The Hartford Jurisdiction Of The Unemployment Problem
The problem I would like to solve or at best make better is the unemployment rate in Connecticut
and the amount of money, extentions, and the process to recieve unemployment benifits in the
juristiction of Connecticut over–all but would want to focus on the county of Hartford. The
unemployment percentage in CT is 6.4 which is more then the countries percentage of 5.9 but
Hartford county is 11.4 and at the top for highest unemployment in the state. This is one of the most
serious, frusterating and uncalled for economicchallenges in the past decade. Unemployment is a
major cost to the economy in individuals, the state and the overall country; In this paper I will be
addressing the Hartford jurisdiction of the unemployment problem. Federal ... Show more content
on Helpwriting.net ...
The priority should be to get people back to work not just more unemployed benefits, these benefits
are just putting a Band–Aid on a huge problem that needs to be addressed and should have been
address in 2008 when we were as a state not only the Hartford district at its peak of unemployment.
Throwing more money at the problem will not fix the job situation and it will do nothing to
encourage entrepreneurs to create more jobs or help people find jobs to feed their families. It says on
the website for Connecticut department of labor that you have to "engage in an active search for
work and make appropriate employer contacts in light of the labor market, and your skills and
capabilities," well how is this being recorded, how do you know these people are actively look and
putting in effort to get back in the work force? Over 4 million Americans have been jobless for over
27 weeks or more and with 136,500 being our own Connecticut resisdents if you are fully
unemployed, or partially unemployed and working part–time you can accept unemployment
benifits, I can see why people are staying unemployed if they are getting free money from the state
chances are they aren't going to make that much working part–time or even minimune wage full
time; and when those benifits run out benefits are 14– 20 weeks extended
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Rodman V. New Mexico Employment Security Department, 764...
Rodman v. New Mexico Employment Security Department, 764 P.2d 1316 (N.M. 1988).
Facts: Ms. Rodman was an employee of Presbyterian Hospital for nearly eight years as a unit
secretary. On February 17, 1987, the appellant was terminated under hospital personnel policies
following a "third corrective action" notice. Ms. Rodman was reprimanded in June of 1986 in light
of receiving an inordinate number of personal calls and visitors at her work station. The formal
reprimand set forth conditions to prevent further corrective action. The conditions were as follows:
no personal telephone calls during work hours outside of a designated break or dinner time, these
are to occur in an area not visible to patients, physicians, or other ... Show more content on
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Rodman agrees to meet the boyfriend downstairs. When claimant left her area she notified a co–
worker, as her supervisor was on lunch, she then notifies the security guard, and asks him to meet
her in the lobby.
When Ms. Rodman arrived in the lobby the boyfriend started to make a scene and forced her
outside. As a result the claimant's shirt had tore. At which point the security guard arrives to find the
two (claimant, and claimant's boyfriend) arguing and inside her car. The security guard instructed
the boyfriend to give
Ms. Rodman her keys back, the boyfriend jumps into the driver's seat, locks the doors, and drive off.
Thirty–Five minutes later Ms. Rodman returns to proceed with her shift, where telephone calls
continue.
The supervisor, frustrated sends Ms. Rodman home, shortly after the claimant is terminated.
Issue: The issue in question is whether the misconduct which warranted termination from
employment rose to the level of misconduct which would warrant denial of unemployment
compensation under NMSA 1978, Section 51–1–7 of the Unemployment Compensation Law. Rule:
Meaning of "misconduct" under New Mexico's Unemployment Compensation Law is not to be
given a too broad meaning. As defined in Mitchell v. Lovington Good Samaritan Center, Inc., 89
N.M. 575,577,555 P.2d 696,698 (1976): " Misconduct" is limited to conduct envincing such wilful
or wanton disregard of an
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Corn and Politics- The Numerous Benefits and Uses of Corn...
A good percentage of the food in the supermarket is linked to a specific kind of plant. This
vegetable, which has many uses, is corn. Since the beginning of the United States, corn has taken an
important role in the development in the nation, meaning that without corn this nation would not be
the same. When the Europeans came here, there were no real resources that they could exploit for
the benefit of their survival. But then one can ask the question, how did the Native Americans
survive before they were killed by the infectious viruses and diseases from the Europeans? Well, as
simple as it can be, corn was one of the prime elements for their survival, it was one of their main
agricultural products. The Europeans that came to the United ... Show more content on
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The United States is the greatest corn producer in the world. There are many farmers who dedicate
themselves to the art of growing corn and of course other vegetables if they want to have some
income. What is very surprising is that the cost of growing corn, which includes planting the seeds,
watering, insecticides, is going to cost more money than the revenue it makes. No wonder that is
why in the supermarkets you can get a couple of corns for a dollar, which is sort of ironic because in
Latin American countries corn is kind of expensive. There are also some farmers who only grow
corn, but the only way for them to have some income is for the government to give them some
money.
In a recent study of the products in the supermarket more than a quarter of all products, being edible
or cosmetics contain corn. This goes from foods like Twinkies, soda's and fruit juice too toothpaste,
cosmetics and things like trash bags and even cardboard. Corn is practically everywhere and is an
important factor of the United States economy. Ironically, even the chickens, and cows we eat also
eat corn. So practically when we eat a chicken, we eat corn, when we eat a cow, we eat corn. These
animals are fed corn in their daily life and this is where the term you are what you eat apply. If we
eat corn then we are corn.
If people's diets will show how they look like, then Americans are like walking corns. Corn for
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What Are The Advantages And Disadvantages Of Public...
SHAILENDRA SIGDEL
PSC ought to present the idea of Public Service Trainee for a three–year time frame to youthful and
splendid experts from various areas. The enrollment will be on an agreement premise and take after
some cutting edge techniques
A protest frequently heard in the common administration is that "quality" individuals are not having
any significant bearing for the open rivalry opportunities of Public Service Commission.
One of the issues in Nepal is that youthful and qualified individuals are pulled in to join INGOs and
other improvement offices, yet these associations once in a while enroll new graduates.
The fascination for them with INGOs and different organizations is better pay, working conditions,
and so on. Be that as it may, in all actuality, government work ... Show more content on
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Indeed, even the individuals who demonstrate some enthusiasm for applying are not doing this as a
result of a few elements including a bulky enrollment handle, absence of yearning to be required out
in the open administration for quite a while and absence of familiarity with the advantages of joining
people in general administration.
This issue is exacerbated by the way that the kin of lawmakers, officials and private division are for
the most part not intrigued to join people in general administration.
This has a few ramifications. To begin with, open administration is not frequently getting the
administration of qualified individuals and the cream of the general public.
Second, the individuals who have great scholastic foundation in Nepal and abroad are likewise
without basic advancement encounters of working in the administration which at last sets them up
for all the more remunerating employments later on.
Without framework to energize youthful skilled individuals in the general population benefit, both
parties–the government and youngsters–are missing
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Issues in the Mock Negotiation Problem Essay
Mock Negotiation Problem Issues in the Mock Negotiation Problem: Being a member of the Local
5000 in this whole project I could point out numerous things that make the employees at Auto
Products Corporation want things better. There seems to be issues at the Indianapolis plant
concerning overtime, premium pay, and even subcontracting instead of using their own employees
to do the work. What I have also gotten from this mock negotiation is that in the past, the union and
management have been satisfactory. Different viewpoints: I have not had a very good experience
with my teammates on this project. I agree that this should've been a fun project but it has been very
stressful to me. As far as different viewpoints I feel again as ... Show more content on
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When the company required a mechanic for a job that normally was performed by a plumber the
employee and union filed a grievance. The company should stick with "past practice" and continue
to keep their tradepeople working only within his or her trade. If not then workrightspress.com
states that stewards can do the following: Past practices grievances are well suited for group action.
Unions can: Encourage numbers of workers to file grievances on the matter Distribute leaflets about
the dispute Circulate petitions Hold meetings during breaks Picket before or after work or during
breaks (being sure not to interfere with employees, suppliers, or shippers) Also in the textbook, the
example also states that the union retains the right to examine any existing or new subcontracting
agreement for the purposes of checking wage scales and the specific work contracted.(text page389)
These are great things we could put in the subcontracting section of the labor agreement. Also in the
subcontracting section in the labor agreement, I think the union should also ask that limitations be
put in place such as: 1. Requiring the employer to have an agreement that subcontractors will be
used only on special
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Methods Of An Hr Professional
1. Propose two (2) methods an HR professional could use to determine incentive pay. Specify the
main manner in which the proposed methods take into consideration individual, group, and
company performance. Justify your response.
To be effective, incentive pay should boost the kinds of behavior that are most needed, and
employees must believe they have the aptitude to encounter the performance standards. Employees
must value and appreciate the rewards, and believe the pay plan is fair. Organizations can link
incentive pay to individual performance, revenues, or other methods of success. They select
incentives based on their budgets, anticipated influence on performance, and fit with the
organizations broader HR and company strategies and objectives. As Hr. manager I will use the
Merit pay system, and Gainsharing methods for incentive pay
Merit pay is a system associating pay increases to ratings and evaluations on performance
assessments. This system gives the biggest pay increases to the best performers and to those whose
pay is comparatively low for their occupation. Organizations review merit upsurge grids in
fluctuating economic and financial circumstances. "In companies that give yearly merit increases
without a different raise for increases in cost of living, merit pay ends up serving as a cost–of–living
adjustment and creates a sense of entitlement on the part of employees, with even low performers
expecting them" ((Noe, Hollenbeck, Gerhart, & Wright pg. 375 ) .
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Minimum Wage And The Wage
The American Dream is that all citizens can fulfill their potential through hard work and
perseverance. Many Americans work long hours under the belief that they are fulfilling their social
contract. Yet, even lengthy work weeks at minimum wage can be insufficient to provide for life's
necessities. Many minimum wage workers must supplement their income with taxpayer–funded
federal assistance programs in addition to working beyond the standard 40 hour work week. There is
an economical and ethical imperative to increase the pay of low–income workers, and this can most
effectively be done by raising the federally established minimum wage. The federal government
assumed responsibility for ensuring wage fairness by implementing the minimum wage in 1938.
However, the federal minimum wage has not kept pace with inflation and is no longer effectively
ensuring wage fairness. Recognizing the need for increased income among unskilled workers,
several cities, states, and major businesses have raised their local minimum wage beyond the federal
level. Yet, this affects only a small portion of workers. It is imperative that the federal government
update the established minimum wage across the board to help all workers achieve the American
Dream.
The federal minimum wage was established through the Fair Labor Standards Act (FLSA), which
was passed in 1938. In addition to instituting the minimum wage, the FLSA also established
working age requirements, the 40 hour work week, and mandated
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Components Of The Compensation Program
Components of expatriate compensation
After the preliminary consideration, the basic structure of international compensation programs is
similar to the structure of domestic compensation programs (Martocchio, 2015). The main
component includes base pay and employee benefits. The nonperformance–based incentive and
allowance differ international compensation packages from domestic compensation packages. In the
following section, I will focus on the difference part between expatriate compensation and domestic
compensation.
There are three different methods to calculate expatriates' base pay. (Martocchio, 2015) concludes
that the first method is the home country–based pay method which compensates expatriates the
amount they would receive from similar work in the United States. The home country–based pay
method is most suitable when expatriate assignments are short in duration and local nationals
performing comparable jobs receive substantially higher pay. The second way is the host country–
based method which compensates expatriates based on the host countries' pay scales. Companies
can determine the base by various standards, including job evaluation techniques, market pricing,
and jobholders' past relevant work experience. The host country–based method is most suitable
when assignments are of long duration because expatriates tend to judge their pay compared with
their local coworkers rather than their counterparts at home country. The third method is
headquarters–based method
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Fat taxes have been experimented with in numerous European...
Fat taxes have been experimented with in numerous European countries. There are many benefits
such as boosting economic growth, improving health and elongating life expectancy. On the
contrary if a fat tax is implemented into a weak economy it could cause the loss of jobs due to
higher prices. These higher prices cause local consumers to begin to purchase their unhealthy
products in different states or countries, causing the loss of business for local industries. France,
Hungary and Denmark all have experimented with the enactment of a fat tax. All four countries
experienced varied results with both positive and negative outcomes. The French, when
implementing the "Junk Food Tax", wanted to decrease unhealthy food eating habits ... Show more
content on Helpwriting.net ...
Energy drink producers have changed their recipe, playing a cat and mouse game with the
government and their new tax regulations. There is much opposition and debate over this, and
difficult economic times have created unrest with the residents. Still, the tax with all of this negative
feedback has survived, unlike the experiment performed in Denmark. Denmark implanted a fat tax
on food products containing more than 2.3% saturated fat. After only being in place for one year,
Denmark repealed the fat tax and got rid of an impending tax on sugar in 2012. The tax was causing
the loss of jobs due to the increased cost of "doing business". Consumers began buying food
products in Sweden and Germany. Many younger adults who would frequently purchase bags of
chips after school simply began buying different brands of potato chips that merely just changed the
types of ingredients to meet the governments fat tax demands. While the tax did bring in $216
million for the government, the higher price of meat, dairy and butter proved to be too much for the
Hungarian economy to handle. With the loss of consumers in Denmark, business owners were not
able to sustain consistent sales to stay profitable. Americans would have even less options for
buying foreign food products considering our geography, compared to that of Denmark. With mixed
results it is necessary to carry out evaluations before implementing a fat tax. The state of
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Case Study : Human Resource Management
MGT509 Human Resource Management
Module 4
CASE – Total Rewards; Employee & Labor Relations; Global HR
Trident University International
Dr. Paul White
Antoinette Gibson
January 28, 2016
Total Rewards Within every organization there is some kind of pay plan or salary rates and plans for
which employees fall within what grades. As well as those salary figures, many of the bigger
companies have instituted bonus plans or incentives for their employees after a being with the
company for a certain amount of time. These are things that are pretty common to us in society
today. With that, today throughout this short paper I would like to take a moment to highlight was
broad banding is, share the bonus system within the King Company and highlight FMLA versus the
King companies leave policies. Then I will discuss King's time off policy. Finally I will briefly
discuss this issues with one of the employee who was mistakenly terminated for taking leave within
the company. An unfortunate, situation that I conclude was possibly an issue of attention to detail.
Broad banding
According to research, broad banding refers to where the numbers of salary grades are consolidated
into fewer, but broader, pay ranges (Kovac 2006). In broad banding, the spread of the pay ranges is
wider and there is less overlap with the other pay ranges. Broad banding came about because
organizations wanted to flatten their hierarchies and move decision–making closer to the point
where necessity and
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Essay on Hrm 599 Course Project: Benefit Plan Design Analysis
HRM 599 Course Project: Benefit Plan Design Analysis
Purchase here
http://devrycourse.com/hrm–599–course–project–benefit–plan–design–analysis
Product Description
Course Project: Benefit Plan Design Analysis
Objective –
The course project is designed to provide you with a real–life practical application of an
organization's Human Resource benefits program. You will create a written analysis of a real–world
organization's benefit plan design with suggested opportunities for improvement that use the
concepts and knowledge introduced in this course.
The below 8 parts need to be completed
Part 1: Select and profile an organization for the benefit plan (40 Points)
Part 2: Statement of the issue (40 Points)
Part 3: ... Show more content on Helpwriting.net ...
You will create a written analysis of a real–world organization's benefit plan design with suggested
opportunities for improvement that use the concepts and knowledge introduced in this course.
The below 8 parts need to be completed
Part 1: Select and profile an organization for the benefit plan (40 Points)
Part 2: Statement of the issue (40 Points)
Part 3: Literature Review (40 Points)
Part 4. Issue Analysis (40 Points)
Part 5. Issue Solutions (40 Points)
Part 6. Solution and its Implementation (40 Points)
Part 7: Justification (40 Points)
Part 8: Reflection (30 Points)
HRM 599 Course Project: Benefit Plan Design Analysis
Purchase here
http://devrycourse.com/hrm–599–course–project–benefit–plan–design–analysis
Product Description
Course Project: Benefit Plan Design Analysis
Objective –
The course project is designed to provide you with a real–life practical application of an
organization's Human Resource benefits program. You will create a written analysis of a real–world
organization's benefit plan design with suggested opportunities for improvement that use the
concepts and knowledge introduced in this course.
The below 8 parts need to be
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Fostering A Positive Work Environment Through Improving...
Fostering a positive work environment through improving workplace communication
John Seawell
BUS 501 Business Communication
Jan Tucker
29 June 2015
Table of Contents
Section Heading Page #
Abstract 3
Introduction 3
Significance 3
Why create a positive workplace 5
Worker benefits from a healthy workplace 7
Employer benefits from a healthy workplace 7
Discussions and implications 10
Conclusion 13
References 14
Abstract
What this paper does is explore one facet of the gem that is our workplace. And much like a gem, if
studied, the flaws will become evident which then means that once these flaws are removed you
have a thing of admiration and beauty. This paper is a restatement of understood facts, facts easily
available to us all, but they are presented in a different and logical manner. Because of their
presentation a logical conclusion is reached.
Introduction
Every good story starts with the story, this paper is no different. It starts with an earth with no man
then fades into cavemen as they discover fire then fades again but this time into a modern scene of
people also around a camp fire. But this time the men are having a conversation as well as cooking
on the fire. No matter what a person believes the creation of man to be, what is learned from all the
stories is that communication is important to the evolution of man. As man has evolved, so has
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The Silent Partners And The Social Responsibility Model Of...
Novel Ideas' silent partners have numerous concerns with public officials calling off layoffs
including the hindrance of economic performance, an increase in insolvency, and an inability to
maximize company profits.. We realize that the principal motive is to maximize profits. As investors
in our company, we understand why the silent partners tend to agree with the social responsibility
model of Milton Friedman. The silent partners, like Mr. Friedman, feel as if we need to utilize our
resources and engage in activities that diminish the economic volatility our company is facing
(Crawford, 9/20). A primary concern is to do whatever it takes to maintain the company's solvency,
while adhering and staying within any legal boundaries. Another concern the silent partners may
have is the social responsiveness strategy that the officials from the local chamber of commerce and
local economic development group want us to utilize. The local organizations want us to avoid
layoffs, so the community can maintain economic stability. However, we know that the silent
partners are concerned that if we do not fire one of the full–time employees, we will not be
maximizing our profits, and again increasing the economic volatility of our business. As the silent
partners have mentioned, firing one of the full–time employees would not be of concern as we
would save money, increase profits, and still maintain a satisfactory level of customer service.
However, many would categorize our strategy as
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The New Obligatory National Living Wage
Introduction
On the 1st April, 2016, the new obligatory National Living Wage (NLW) was set, rising from a
minimum amount of £6.70 to £7.20 per hour – an hourly addition of 50 pence – only for those aged
25 and over. It was expected to benefit 1.8 million people and to provide an instant pay rise for
approximately 6 million people across the UK. The target is that, by 2020, the NLW will increase to
at least £9 an hour (BBC News, 2016)1. The aim of increasing the National Living Wage was "to
create a higher–wage, lower–welfare economy." (Osborne, G., 2016. Cited in BBC News, 2016)2.
Since the rise of the NLW, it has been made evident that numerous businesses across the UK are
being significantly impacted by this change, for instance, many ... Show more content on
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The business was unable to pay the new NLW without reducing expenditure elsewhere, this
reduction included cutting Sunday pay and bonuses, and reducing bank holiday pay. Therefore,
whilst B&Q was increasing the minimum pay of their workers, they were also reducing their
privileges, and so productivity and profitability both reduced. A solution to the issues caused by the
increased NLW could be that B&Q alters their organisational objectives.
Commentary
There were a few main themes and ideas that recurred across most of the supporting documents (see
appendices, p.6–X); one main theme is that it seems as though the NLW rise will benefit employees,
when in fact several businesses, including B&Q, are finding ways, such as 'cuts to employee
benefits' (Butler, S. 2016)3, in order to fund the increased NLW, and thus defeating one of the
reasons for the new NLW's enforcement, being to benefit the recipients, employees over 25 years of
age. Another main theme is that the NLW will have future affects as well, due to the aim being for
'the NLW to rise to more than £9 an hour by 2020' and 'the independent Office for Budget
Responsibility has warned that 60,000 jobs could go as a result' (BBC News, 2016)1. As they
believe that 'firms [will] recruit more under–25s, who will be on a lower rate.' (BBC News, 2016)4.
This issue of lack of revenue available to pay employees the new NLW, and other issues caused by
the NLW rise
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The 's Time Off Policy
Total Rewards Within every organization there is some kind of pay plan or salary rates and plans for
which employees fall within what grades. As well as those salary figures, many of the bigger
companies have instituted bonus plans or incentives for their employees after a being with the
company for a certain amount of time. These are things that are pretty common to us in society
today. With that, today throughout this short paper I would like to take a moment to highlight was
broad banding is, share the bonus system within the King Company and highlight FMLA versus the
King companies leave policies. Then I will discuss King's time off policy. Finally I will briefly
discuss this issues with one of the employee who was mistakenly ... Show more content on
Helpwriting.net ...
The company offers a numerous amount of benefits to their employees to include paid health
coverage. With everything some people are going to complain. However, despite all of those
complaints, some employees do well with King's benefits package. The company supports
retirement savings by matching employee contributions to their 401 (k) accounts at about 50% of
the employees contributions up to a maximum contribution of 5 % of the employees' annual salary.
They receive pay when they are on vacation or sick in which any time that is not used can be carried
over for a certain amount of years. As if those bonus perks are enough, there have worked to get a
tuition reimbursement for work–related college courses. It's unfortunate that many people within the
organization don't take advantage of these benefits, and it's even worse because there could be a
change to end this in the future. They can already afford as a company to have a low salary rate due
to such high amount of benefits they give their employees.
It could improve maybe by increasing the leave benefits. When you talk about cutting salary, it has
to give somewhere in reference to what you can do for them in result of taking things away. I think
the bonus system is not bad at all and I don't really see it being able to be replaced unless there is an
option for the salary to increase.
FMLA
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join the army Essay
I retired from the Army last year July 1, 2004. After spending 23 years in the Army, I would
encourage any young man or woman to join. The Army was a great experience, and I would do it all
over again if given the opportunity. The benefits I received made it well worth the occasional
sacrifice. Some of the benefits are full time employment, money for college, free health care,
Learning new skills, and the pride of knowing you are serving your country. While in the Army I
earned decent money, 30 days vacation a year, and was eligible for numerous benefits for my
service.
While on active duty in the Army I received what is called basic pay.
I got paid twice monthly on the 1st and the 15th of each month. I have heard a lot of people
complain ... Show more content on Helpwriting.net ...
I would venture to say not very many.
Another important benefit the Army provides is educational benefits. The Montgomery GI Bill is
available for active duty and veterans to help with education costs. The Bill provides up to 36
months of education benefits for college, business technical or vocational courses. The veteran or
soldier must be a full–time student enrolled in a regionally or Nationally Accredited college or
university, and can get up to $1004 a month at the current rate to cover education benefits, including
high–tech or vocational technical programs. It all adds up to a total benefit of over $36,000 and
these benefits are increasing every year. The college loan repayment program can assist in paying
off student loans. Soldiers on active duty can receive up to $65,000 for college loans. Soldiers in the
Army Reserve can receive up to $20,000 for college loans. To take advantage of this program
soldiers must enlist full time in the Army for three years or in the Army Reserve for six years. The
Army also allows its soldiers to attend college while on active duty and pay up 100% of the tuition.
The Army partners with over 1,600 community colleges and four–year universities, so its soldiers
can attend college during active duty service.
Another great benefit in the army is family medical and dental care at little or no cost. Soldiers and
family members can receive
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Recommendation For Revision Of Penn Mart 's Health Care...
Abstract
This paper is an analysis of the critical points of the "Recommendation for Revision of Penn–Mart's
Health Care Strategy" memo (Penn–Mart Memo) in relation to the points in the report by Roy
Eichhorn, Strategic Systems Department, Army Management Staff College, entitled, Developing
Thinking Skills: Critical Thinking at the Army Management Staff College. The author of the Penn–
Mart memo is Senior VP of Human Resources, Salvador Monella whose indicated purpose is to
offer a remedy to the spiraling costs of healthcare benefits. The analysis will be broken into sections
based off of the analysis structure defined by the report by Roy Eichhorn.
Review of the Penn–Mart Memo in Accordance with the Critical Thinking at the Army Management
Staff College report.
1. Purpose, Goal, or End in View.
The purpose or goal described in the Penn–Mart memo is a program engineered to lower employee
benefit costs paid by the company. The method of attaining this outcome would be to implement a
mandatory "Get Well" employee health screening and monitoring program. The author's conclusion
to the problem of a costly employee health benefit program is to institute a multi–prong monitoring
program would include biometric screening described as "finger stick blood tests for cholesterol and
glucose; weight, height, and waist measurement; and a blood pressure reading" as well as required
health questionnaire and annual physical examinations.
2. Question at Issue or Problem to be Solved.
The
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Sustaining Employee Performance
Sustaining Employee Performance
HRM/300 Fundamentals of Human Resource Management
March 18, 2013
Sustaining Employee Performance
Baderman Island has been dedicated to providing guests and visitors with unique and great
experiences since opening to the public in 2004. "The Board of Directors and operational leaders in
the organization, empowers its staff to offer unsurpassed quality of customer service, through
individual acts of random kindness and specialty services" (University of Phoenix, 2012).
Exceptional customer service is a top priority of the management and staff at Baderman Island. The
resort offers numerous accommodations at prices that are affordable for every budget. Each
individual position within this company adds ... Show more content on Helpwriting.net ...
The visitor's center supervisor and wait staff are both a very important addition to the resort. All
employees are offered an exceptional benefits package. Pay scales are determined based upon the
job title with additional contributing factors such as experience and skills.
The visitor's center supervisor is a salary job which scale depends on the person's amount of
education, years of experience, qualification and credentials required for the job. For the wait staff
an hourly pay rate depends on their experience and starts at $2.13 and goes up to $5.75 an hour. A
benefit package will also be included affordable medical including vision, dental and optional
cancer. There will also be paid vacations, sick leave with pay, and maternity programs with onsite
daycare provided. A 401K plan will be offered with matching $50 to every five dollars that it put
into the plan by the employee. All of the benefits will be offered to all employees here at Baderman
Island.
Job Evaluation Plans The evaluation plans most effective for the Visitor's Center Supervisor would
be the appraisal method of behaviorally anchored rating scale and relative standards method of
individual ranking. These two are best suited for this position due to collecting the proper data on
each job position. The advantage of behaviorally anchored rating scale and relative standards
methods of individual ranking is that they can allow for ongoing feedback,
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Sandwich Generation Employees: A Case Study
There are numerous ways of supporting the sandwich generation employees which will benefit both
employees and employers. A general social survey conducted on social and community support by
Statistics Canada 1996, stated that caregivers felt their employers could support employees more
with increased financial support, information related to long–term illnesses and disabilities,
counselling benefits and relief assistance. Furthermore, the survey concluded that 44 percent of
participants indicated that extra expenses incurred from caregiving could be minimized from some
forms of compensation on unpaid work. In addition to extra financial support, one in ten participants
believed that information on the long–term illnesses and disabilities can be helpful and effective in
providing caregiving services along with some counseling. ... Show more content on
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It's one thing to say you were up during the night because your baby kept wetting the
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Performance Appraisal Notes Essay
A. Explain the benefits of performance appraisal systems within an organization in which you
address the following: A1. Present the optimal results of a well prepared and well–delivered
performance appraisal. *If the company establishes a well prepared and well delivered performance
appraisal, what are the best results the company can expect? (employee prospective and company
perspective are good here) Performance appraisals are a tool that most companies use when
assessing their employees. A well prepared and well delivered performance appraisal can be
beneficial to both the employee and the company. The company benefits in many different ways
when they deliver this type of performance appraisal. The performance appraisal process ... Show
more content on Helpwriting.net ...
(suggestion: ongoing activities and in the time proximal to the performance review) It is important
to make time for pre–appraisal activities to make sure that the benefits are at max potential. It will
hurt the chances of maximizing gains for both the company and the employee if the following
activities are not done beforehand. The most important thing when it comes to being ready for the
performance appraisal is being well prepared. The manager needs to make sure that he sets aside
enough time to perform the pre–appraisal activities. These activities include establishing a time for
the appraisal and relating it to the employee, making sure to lay out all new and old goals for the
employee, giving the employee an advance copy of the review, collecting the employee's review of
themselves, and collecting all notes taken that may validate your points and emphasize your
decisions as well as the last performance appraisal. It is important to make sure that the employee
has enough time to prepare for the appraisal. This allows for quality feedback from them and will
also lead to quality questions. In order to make it the most beneficial appraisal possible, then both
sides need to be well prepared. Goals and expectations will be completely understood if both parties
have an idea of what's expected of them. The employee can have questions ready for things that they
may not understand. There may be instances where they can ask for additional training in areas
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Individual Employment Opportunity Act An Employer
Compensation is one of the most important aspects of business. It attracts, motivates, and retains
skilled employees; therefore, evaluating compensation correctly to meet the needs of the business
and satisfy the wants of the employee is also extremely important. The aspects that Echo Inc. should
consider when evaluating their compensation practices are the different limitations placed on pay,
the benefits that are required by the government, optional benefits, and the different pay for
performance plans.
When considering how to pay employees, a business must factor in the legal requirements of pay
placed by the government. Government regulations affect pay by implementing the equal
employment opportunity, minimum wage, overtime pay, and ... Show more content on
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Although, company's do not have to pay salary workers for over time. Two additional federal laws,
the Davis– Bacon Act of 1931 and the Walsh–Healy Public Contracts Act of 1936, govern how
much federal contractors are paid. The calculation of prevailing wages at which federal contractors
must be paid is thirty percent of the local labor force. These regulations must be taken into
consideration when deciding an employee's base pay. There are various pay level strategies to
choose from including: lead the market, match the market, lag the market, hybrid, employer of
choice, or cafeteria plan. Setting higher wages than competitors helps attract quality applicants in
larger quantities. It also increases employee's work efforts, reduce turnover, and lower monitoring
costs. While high wages are beneficial to the employees a business determine if they can afford to
pay a higher wage, or if the money could be better used somewhere else within the company.
The government not only places certain limitations on pay they also require employers to provide
certain benefits. These required benefits are social security, unemployment insurance, workers'
compensation, unpaid family and medical leave, and health care benefits. The Social Security Act of
1935 provides that if a worker meets certain requirements they will receive retirement benefits that
are based off their age and earning history. Over 90% of U.S. employees are covered under this
program. The Social Security Act also
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How A Buyer Has Numerous Benefit Options For The Procedure...
A buyer has numerous benefit options to choose from. The following are the suggested options:
1. A Center of Excellence (COE) Only Benefit:
Under this benefit design, patients are signified to a COE for evaluation and determined to see
whether they are applicable aspirants for a knee or hip replacement procedure. If the candidate
qualifies for the procedure, the benefit is enclosed and the provider is paid a bundled payment. If an
individual does not qualify for the procedure, there is no insurance benefit for the procedure at any
facility. 2. Reference Pricing:
Under reference pricing, a benefit price is established for a set of services. Some providers will bill
at or below the reference price; some providers will bill ... Show more content on Helpwriting.net ...
These approaches give the patient a broad choice of providers and some financial incentive – in the
form of lower cost–sharing – to seek care from a provider participating in the bundled payment
program. However, to create enough "steerage" to these providers, the incentives will have to be
significant; providers may think twice about participating in bundled payment if patients still have a
broad choice of providers.
Purchasers are likely to be more successful at getting providers to accept bundled payment if
providers can expect greater patient volume when they do. To achieve maximum savings and better
patient outcomes by driving volume to high–value providers, CPR recommends benefit design
approaches that create incentives for enrollees to seek care from them. Options 1 and 2 above are
examples of benefit designs that are more likely to yield higher results than those strategies that
offer modest benefit design differentials between a bundled payment provider and a non–bundled
payment provider. In the end, determining your benefit design strategy comes first; designing and
developing the network will follow.
Employee education and benefit designs that either encourage or require the use of treatment
decision support (TDS) tools can help consumers feel better about their treatment decisions and
prepare them for more aggressive benefit strategies that steer patients
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Senior Management Retreat
I was tasked with developing an agenda topics for the Senior Management retreat to be held on May
31, 2016. In order to identify the topics for discussion I needed to identify what was the current state
of the company's profitability and what the company is doing to be a socially responsible
organization.
First, I completed a thorough review of the company's current business practices and conducted
several focus groups with employees to discuss their top five ideas and suggestions for improving
their productivity, commitment to the company and overall job satisfaction. The results of these
activities produced several areas of focus SmartShoes senior management team should look at.
Below is a list of the topics as well as my rationale ... Show more content on Helpwriting.net ...
Several responses indicated that they felt ill prepared to provide a high level of productivity.
Particularly when they first joined the company. Still others indicated they felt that they had limited
opportunities for career advancement. As a result of this employees become frustrated and either
leave the company or if they stay become increasingly frustrated, which can result in lost
productivity and poor performance. Which will eventually lead to less than stellar product
development and ultimately a loss in revenue.
By implementing a training program for new staff, can start their jobs with some idea of what
they're supposed to do and how to do it (Section 7. Developing Training Programs for Staff, n.d.)
Additionally, it can show new employees the company is serious about what it does, and therefore
encourage them to be serious about it, too. A solid training program can also significantly reduce
mistakes that cost the organization loss of revenue, production times, and the reputation of their
products (Section 7. Developing Training Programs for Staff, n.d.)
For existing employees a training program also has numerous benefits: It will help them to
continually improve their knowledge, skill sets and keep them fully engaged in their work.
For all of the reasons I've detailed I believe the implementation of these ideas will result is
improving employee morale, productivity, loyalty
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Verizon Wireless's Benefits Package
Verizon Wireless may be losing at least one competitive advantage as a result of lack of knowledge
about how employee benefits packages in the wireless industry compare. Studies have shown that
valuable employees and top talent candidates are highly influenced by employee benefits packages
considered to be good (Paterson, 2013). The leadership team's determination and call for
organizational growth, translates to both retaining current employees and enticing new candidates to
join, an area in which a top employee benefits package is a major contributor. With this
consideration, and factoring in the problem of a lack of updated information, it was determined that
there was a critical need for a current benefits package comparison. The ... Show more content on
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The coding system is as follows: 0 denotes no information; 1 denotes inadequate benefits; 2 denotes
adequate benefits or listed but little information; 3 denotes above adequate benefits; also the term
"assigned values totals" denotes the calculated sum based on the coded value determined for each
item. It should be noted that some companies received more 0s than others, because of lack of
information available from the organization resulting in lower assigned values totals. Applying a
coding system enabled qualitative data to be evaluated quantitatively, permitting a more accurate
and objective analysis. Capstone Q1–Industry Benefits Comparison: As stated above, the method
used for the industry employee benefits package comparison was a comparative analysis. To
organize the data it was broken into themes and coded. Presented here are the five resulting tables,
including a short data analysis for each. In addition to the listed tables, a scatter plot figure was
added for visual representation of the assigned values totals for each company, including every
category; however total scores will be announced later. Table 1 data analysis. In Table 1, health and
well–being benefits were scored with a possible assigned values totals of 24. Verizon Wireless and
Sprint were a single point apart with Verizon attaining 22 and Sprint 21. Samsung
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Case Study : Business Concept Involving Social...
Case Study 3 Christopher Thomas BUSI 642 Liberty University Case Study 3 Total Rewards The
company I selected is L.L. Bean. This case study describes a business concept involving social
responsibility and employee care as the core philosophies of the company dating back to its
inception. The code of conduct which includes safety standards, non–discriminatory practices, and
fair compensation and benefits is strictly adhered to (Reed, 2009). Additionally, the company's
approach toward sustainability demonstrates a powerful yet very effective system that creates profit
for its shareholders while protecting the environment (Reed, 2009). L.L. Bean is ran operationally so
that its business interests ... Show more content on Helpwriting.net ...
The company also organizes and encourages employees to take adventure days together (Reed,
2009). According to one author, there are positive effects that can be associated with collective
physical activity in the work place (John W Williams Jr., 2012). Additionally, collective physical
activity programs have the potential to increase levels of physical activity and ultimately, improve
health and economic outcomes (John W Williams Jr., 2012). Lastly, the success of the business is
often reflected in the cash compensation form as selected employees are awarded cash awards by
percentages, and pension plans are deposited with excess capital as part of the success of the firm.
The benefit packet includes elements such as: health care, several retirement plans, life insurance,
professional development programs, tuition assistance, and relocation assistance (Reed, 2009). The
approach used by the company follows the basic fundaments of a solid benefit package in its quest
to attract the right employees, while maintaining them (Gomez–Mejia, Balkin, & Cardy, 2012). The
internal, external strengths and weaknesses identified; how the company responded to these factors
from a total rewards perspective. The company had a strong presence prior to the e–business boom.
Over several decades, the company developed a strong position and brand internally that was based
upon the premise
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Budgeting: Balance Sheet and Sales Essay
ACCT556 Budgeting Project TO THE STUDENT Fantastic, Inc. is a case study which allows you
to incorporate numerous financial and managerial accounting concepts into a single business setting.
You will take the position of the company controller who will prepare the budget for the year ended
December 31, 2006, using the actual data from 2001 through 2005 and information given to you by
various departments. You will prepare a report for the president of the company describing the
strengths and weakness of the corporation as well as to provide suggestions for the future. In short,
you will be responsible for the planning and control procedures for the company from an accounting
standpoint. In order to focus on important accounting ... Show more content on Helpwriting.net ...
Absorption costing is used for all outside reports. All non–direct fixed costs are allocated using
various allocation bases as indicated throughout the project. The Company does not use a full ABC
costing system; however, it does employee some of the ABC concepts in the budgeting process. The
administrative department handles all of the purchasing, accounting, and secretarial duties in a
highly efficient manner. The need for separate departments is not necessary at this time. 2005
INFORMATION SUPER STUPENDOUS DEPARTMENT DEPARTMENT Number of machines
available 26 20 Annual capacity per machine 15,000 gallons 15,000 gallons Annual production
capacity 390,000 gallons 300,000 gallons Machine hours available per machine 1,800 hours 1,800
hours Standard machine hour per gallon .12 hour/gallon .12 hour/gallon Standard labor hour per
machine hour 1.25 labor hr/mach.hr 1.25 labor hr/mach.hr Actual sales volume 420,000 gallons
268,200 gallons Number of hourly employees 29 21 Supervisors (one per each eight hourly
employees) 4 3 Raw material prices Cans 40¢ each 40¢ each Pigment $2.75 per pound $3.75 per
pound Raw material usage Cans one per gallon one per gallon Pigment two pounds per gallon two
pounds per gallon Direct labor rate $8.25 per hour $8.25 per hour 2006 PROJECTED SALES
INFORMATION The sales department feels very good about the prospects for 2006. The reputation
of the
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Essay on Classic Pen Co. Case
Classic Pen Co. Case
In the past Classic Pen Company had been the low–cost producer of black and blue pens and had
profit margins over 20% of sales. Over the last five years Pen Co. decided to start producing red and
purple pens. They require the same basic production technology but can be sold at 3% and 10%
premium selling prices. Sales Manager Dennis Selmor is just seeing the financial results and is not
happy with the numbers.
The first issue that Pen Co. is facing is their decline in profitability. Even though the numbers show
the red and purple pens are more profitable individually (red 14.8%, purple 18.2%), the overall
return on sales is declining (13.5%). A second issue that Pen Co. has is the issue of addition of ...
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Finally the remaining indirect costs are the machinery ($8,000), maintenance ($4,000), and energy
($2,000). These are all used to supply the machine with the capacity to produce the pens with a total
of $14,000.
Overall Classic Pen Co. must improve upon several areas of demand in order to increase its
profitability similar to what it had been in the past. They need to increase their planning and try to
adjust their current planning system and organizing. They could invest in more computers to
increase the amount of scheduling being done by computers and as a result lower their indirect
labour costs. Finally I recommend they should invest in some more machines to produce the
different colour pens in. This would have a high cost of capital but would eventually save the
company money in the labour cost and time required for the physical changeover between colours
Calculation Page
Indirect Labour Machine Support
Handling Production Runs = 10,000 Machinery = 8,000
Set Up = 8,000 Maintenance = 4,000
Parts Administration = 2,000 Energy = 2,000
Fringe Indirect Labour = 8,000 Total = 14,000
Computer Support Fringe for Direct Labour
Handling Production Runs = 8,000 Fringe = 8,000
Parts Administration = 2,000
Total Overhead = 60,000
Calculating Activity Rate Activities | Activity Cost | Cost Driver # | Calculation | Activity Rate | 1)
Handling PR | 22,000 | 150 | 22,000/150 | 146.67 / Run | 2) Set Up | 12,000 |
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Benefits And Benefits Of Ford Motor Company
Ford Motor Company is a multinational automaker located in the United States of America. The
company has employed thousands of employees across the world. Any successful company must
provide its employees with a good compensation and benefits plan to remain competitive. As a
result, this study focused on researching the types of compensation and benefits plans Ford Motor
Company offered to its employees. The study found out that the company offers compensation and
benefits plans such as base pay, variable pay, insurance (health, risk, and life), holiday pay,
maternity leave, vacation, and pension. This study also determined the advantages and
disadvantages of the above compensation plans and benefits.
Key words: Ford Motor ... Show more content on Helpwriting.net ...
It also recognizes that the company can get maximum output from the employees by ensuring they
are always motivated and have the best working environment. One way of achieving that is through
ensuring that employees have a good organizational compensation and benefits policy. A research on
the company reveals that the management of the company has put up several organizational
compensation and benefits for their employees.
Compensation and benefits definition Compensation refers to the rewards that an employee earns
from a company in return for the labor services they provide to the enterprise (Martocchio, 2010).
They include direct financial compensation such as salaries, wages, and bonuses, indirect financial
compensation such as retirement plans, leaves, and education services, and lastly non–financial
services such as advancement opportunities and career development (Martocchio, 2010). On the
other hand, benefits refer to the compensations that a company gives to its employees on an optional
basis in addition to their usual salaries. They include disability income protection (dental, vision,
life, and health), sick leave, paid and non–paid vacation, and funding of education among others
(Martocchio, 2010). A study on Ford Motor Company revealed that it has been providing its
employees with several compensation and benefits plans over the years. The management of Ford
Motor Company has been performing several reviews on
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Joint Commission Accreditation And Certification
The joint commission is a "non–for–profit organization the joint commission accredits and certifies
nearly 21,000 healthcare organizations and programs in the United States. Joint Commission
accreditation and certification are recognized nationwide as a symbol of quality that reflects an
organization's commitment to meeting certain performance standards, and their mission is to keep
improving healthcare for the public." (https://www.jointcommission.org)
The Joint Commission takes the participation of both side of persons such as personnel and
managers and also uses the management of "Medicare Acts" and service the hospitals to use the
whole procedures by which they could be able to achieve the needs of federal guidelines connected
to the ... Show more content on Helpwriting.net ...
The "department manager" offers an approved personnel application to HR. The request may require
additional information for an employee who is quitting, retiring, or being discharged, the branch
manager will have techniques to follow connecting steps directed by the organization before HR
receives the application. (L. Fleming Fallon.Jr., Charles R. McConnell)
A corporation's human resources branch is the joining between its individuals and every unit
beneath its top. On the outside, an "HR division look as if there is to do little more than hold on to
organizations records. In employing and hiring HR administrators are also working more with the
"recruiting and hiring departments in their offices to help them make better decisions." The reason
for this is very easy to understand, HR executive has a tendency to have countless people skills,"
which comes accessible because a job meeting is all about reading people."
(https://cenidianblog.wordpress.com)
"Operational communication and group effort help corporations attract soon–to–be hires launch
figures determined enactment reviews give employees a sense of how they can produce their
businesses." (www.forbes.com)
Creating a detailed outline of a training program for managers.
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Benefits Of The Military Essay
Military Benefits: Lasting Beyond a Lifetime
The military is shrouded with images of hand–to–hand combat, blood, gore, and depression; but
what of the other side of the story? It is known that over millions of men and women have joined the
military, but is a bold passion for your nation the sole reason to join? The answer is no. There are
numerous benefits to joining the military aside from the privilege to serve our great nation. These
benefits range from the pay, financial assistance, free education, character refinement, to good
retirement.
The military is not notorious for its ability to pay in abundance; however, after considering the
additional payments that the military offers, the pay may seem more appealing. Just like with
civilian employees who get paid more depending on how long they stay with an employer and the
duration of their education, those in the military are paid in the same way. For instance, officers in
the military are required to have an extended education depending on their path, while those who are
enlisted are only required to at least have a GED. Hence, a commissioned officer ranked as an O–8
who has served for 2 years is paid roughly 10,487.70 dollars a month, while an enlisted member
who has served 8 years and ranked as an E–8 is paid roughly 4,136.10 dollars a month. This is only
basic pay though, the military also offers special pay for those with specialized or hazardous jobs,
and allowances. Military allowances are given to those in service
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Atria Staff Requirement
Opinion of the Qualifications of the Staff. 1. Atria does not require registered nurses to be on staff.
2. To my knowledge, registered nurses (RN) play an important role in administrating medication to
patients and are next in command under doctors. I think having my mother in a memory care facility
with an RN on staff would give me a sense of ease and I would feel as if my mother is in good
hands. I think as an 80 year old my mother must be taking a few medications and if medications
were not working properly or needed adjustment I would trust an RN to understand changes in my
mother prescription would need to be made. It seems employees are trained and have basic
knowledge of dementia, however a RN would serve more helpful in dire ... Show more content on
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Another benefit for me would be that she is relatively close by. The tour guide mentioned that most
relatives of people at Atria live in close proximity to Atria. I think I would love knowing my mother
is close by and that I would visit her often. 1. A challenge for my mother and I would the food. I find
the menu lacking diversity. I think all the options are western and very American; it lacks comfort. It
seems fancy and delicious for a few days, but I know eventually my mother would start to miss
Fijian– Indian food. Also, like I mentioned before, my mother does not eat pork or beef and she is
vegetarian only on Mondays, Tuesdays and Fridays. Both these things are an important part of our
religion and culture; however I am unsure if the staff would be able to accommodate my mother's
particular eating habits. I think this would be a great challenge for my mother. 2. Another challenge
for me would be not having my mother in a homier place. I desire my mother to have comfort and
be around an environment she is comfortable with. I think Atria is really pretty but it is obviously
more oriented towards pleasing clients rather than residents. I want my mother to be in place that is
resident centered rather than concerned with the outward
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Essay on The Employee Turnover Assignment
Employee Turnover
Crystal Price Quality Service Assurance
HTM 150 Dr. Danika Rainer
May 03, 2013
Abstract
Within this writing assignment, I will briefly identify the hospitality industry. The industry that I
will be speaking upon will Mississippi Management Incorporation & Hyatt Place Germantown
Hotel and I will explain the categories of employees. I will summarize three reasons why
Mississippi Management Incorporation & Hyatt Place Germantown Hotel turnover with this
company is so high in this industry. There will be one method to address each of the three primary
reasons that turnover is so high in ... Show more content on Helpwriting.net ...
* Summarize three primary reasons that turn is so high in this is industry.
1. One reason for the high turnover rate of hospitality staff is the fact that many hospitality jobs do
not pay well. Personnel usually begin at a lowest wage rate or below which does not fascinate top
eminence long–term employees because these employees are always looking for a better paying
position. Situations that pay below tiniest net depend entirely on customer satisfaction and liberality.
"Tips". Around the world, the average beginning wait staff personnel is paid $2.15 per hour by their
employer. The rest of their revenue is based pay on the urge of their customers. Monetary turn–
downs mean fewer consumers, which in turn shrinkage is wage potential. Add this to the fact that
many hospitality positions are seasonal and it is not hard to see why hospitality staff turnover can
reach high rates quickly.
2. The second reason for high rates of hospitality staff turnover include deficiency of plentiful doles
such as company provided health insurance, retirement benefits, vacation pay, sick leave, additional
schooling or exercise programs and other peripheral benefits which are so often perks of other
industries. Since the labor pool for a large portion of hospitality jobs is so poor and turnover is so
high, a majority of hospitality companies are unwilling to capitalize in programs which would
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Plastec Case Study Essay
Plastec Case Study #2 Keeping motivation in the work place demands not only the workers attention
and focus but the employer's attention as well. There are many ways to keep your workers
motivated. The main point is to keep them satisfied. There are several different ways to keep
workers satisfied, compensation, benefits and in the authors opinion one of the most important ways
usually is overlooked and that is work atmosphere. The Plastec Company must look at these factors
when trying to reduce turnover and increase productivity. The first way to keep your workers
motivated is through wages and benefits that your organization offers. The better the compensation
package provided by the employer the higher job ... Show more content on Helpwriting.net ...
The most important thing to remember when using a salary survey is that in order for the
information to be valid you should only compare a specific job position to the same position, with in
the local area and similar industry. Also you want to ensure you understand what the salary survey is
conveying. Does it include benefits, bonuses, and other forms of compensation that are not covered
by the basic salary? Many employee benefits packages include the basic, retirement plan, medical,
dental and or life insurances. But they do not have to be so cut and dry. With the job market
currently so competitive, employers are coming up with new and creative benefit packages. Some
include on site daycare for working families, cafeteria plans and even pet insurance. To remain
competitive it not necessary or even feasible to offer every benefit to your employees. For the
Plastec Company, specifically the machine operators who are in their mid to late forties all with
different family situations the author would recommend the basics of retirement, medical, dental and
life insurance. However the author would also add the benefit of pre–tax expense accounts. Not only
for medical but for daycare as well, which can usually be accomplished with the same program
manager. There are several different ways this program can work. First is that the employee elects to
have a predetermined amount come out of their check before taxes and this goes
... Get more on HelpWriting.net ...
Compensation Pl Definition And Strategy
The Compensation Plan, Definition and Strategy Compensation is commonly defined as a
systematic approach to offering value to employees in exchange for their time, effort and work
completed. An organization may provide several different types of compensation that impacts the
overall satisfaction of the employees and the growth and success of the company. Essentially,
amalgamating the compensation plan to the organizational goals, objectives and company
philosophy will support recruitment and retention initiatives. A company's compensation plan
should be logical, strategic and deliberate as it delivers an abundance of vital information about the
organization to a prospective candidate or employee. The material reflected in the ... Show more
content on Helpwriting.net ...
Extrinsic rewards are tangible and take both monetary and non–monetary forms (p.414). Further,
compensation is broken down into direct and indirect. Direct compensation is the monetary
component, taking into account base pay, wages, salary and variable pay. Indirect compensation
encompasses the benefits provided by the organization to the employee. "Applying Advanced
Analytics to HR Management Decisions: methods for selection, developing incentives, and
improving collaboration" authored by Sesil (2013) implies that compensation is clearly a key
business decision and impacts the success of the organization. It emphasizes that employee
compensation is a divisive topic, and closely aligning pay and organizational performance is vital to
the well–being of the organization. In fact, compensation decisions are prone to biased decision
making, getting the incentives wrong can lead to human capital focusing on the wrong things and to
employee morale and engagement problems, employee turnover, or, as some would argue, to the
collapse of an organization (p.104). MMI recognizes, that in an effort to be competitive in the local
labor market a strong, concrete and fair
... Get more on HelpWriting.net ...

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Strategic Compensation Henderson Printing

  • 1. Strategic Compensation Henderson Printing Strategic Compensation Henderson Printing June 12 2012 Case Study Henderson Printing As a component of the structural variables in the organization of Henderson Printing the reward system is archaic and ineffective at best, it is therefore important to understand the contextual variables affecting Henderson that will determine the most appropriate managerial strategy for this organization. Of the five contextual variables, Environment is the most critical. Henderson Printing is operating in an environment that is stable, their technology is not changing rapidly, they do not have an unpredictable regulatory environment, the life cycles of their products are long term, and demand for the their ... Show more content on Helpwriting.net ... Base pay will be determined according to the value of the skills and competencies an employee has acquired on the production floor, there will be the incentive for skill development as employees base pay will increase as their skill proficiencies enlarge. This will also create mobility between jobs in the organization as many members will be proficient in numerous jobs. Compensating the organizations sales staff through the use properly designed performance pay will lead to profitable sales for the organization. Once again linking compensation to performance will benefit the organization in its ability to pay. It is important to design the compensation of the sales staff in a manner that encompasses all of the organizations goals as communicating with production staff will be a key component of the High Involvement Strategy, and it is important for the organization to demonstrate a commitment to the sales team that the relationship is not just purely financial. Therefore direct compensation for them should consist of a minimum base salary upon which their commissions are added. Henderson Printing conducts its business in the province of Nova Scotia therefore they are obligated to provide: A vacation of two weeks after 12 months of service and within the following 10 months or, if the employee has been employed with the same employer longer than 8 years, a vacation of at least three weeks Vacation pay of ... Get more on HelpWriting.net ...
  • 2.
  • 3. Benefits And Benefits Of Employee Benefits Essay Employee benefits are all forms of consideration given by an enterprise in place of service rendered by employees. Post employment benefits are employee benefits which are payable after the employment period is completed. Profit sharing & bonus payment: an organisation should observe the future cost of profit sharing and bonus payments only if the organisation has a present obligation to make these payments based on the result of past events. A trustworthy assessment of the obligation can be made. In some profit sharing plans, the employees would receive a particular share of the profit only if they continue with the organisation for a specified period. There are numerous natural advantages to furnishing your workers with an exhaustive advantage arrangement. For most, it is the capacity to discover and keep exceptionally qualified staff that is the key driver. With the segment being exceedingly aggressive and the quantity of new employee entering the workforce waning, businesses are tested to wind up significantly more imaginative and responsive in the outline, timing and liberality of their advantage arranges. The more dynamic the association, the more adaptable the structure is in light of today 's difficulties: i.e. like having four distinct eras of employee working next to each other. Bosses who keep on providing the more conventional and constrained system, may think that its more hard to discover and keep diverse sorts of employee. Here are some of the upsides of ... Get more on HelpWriting.net ...
  • 4.
  • 5. Compensation Plan For Marriott, Inc. Marriott Compensation Outline Assessing the current compensation plan to establish if it is suitable for Marriott, Inc. The present compensation plan of Marriott, Inc. aims at drawing and maintaining the best human resources possible. The plan serves numerous reasons for Marriott, Inc. Compensation plan for executives is a result through a committee and mainly depend on an extended term in fair compensation. Ensuring that the executives makes the decision that correlates with the objectives of the company. Their program is created to drive performance through a mixture of near–term finances, working goals and long–term focus on their stock price performance. The reliability in how the company achieves their compensation program and their objectives under that program has proven to be a significant influence. Their viewpoint remains to accentuate fairness within compensation as the most important element of the NEOs' total program that supports our pay–for–performance purposes. (EXECUTIVE AND DIRECTOR COMPENSATION, 2016) Concentrating more so on long–term outcomes. Allowing investors to go beyond four years from now excluding the expenses in the current year, because they look for the increase in drive through stocks and short–term trends. By including these long–term outcomes within the compensation plan would allow multi–year measures and build a team that will be within the company for a long period. All combined would build great determination towards long term goals. ... Get more on HelpWriting.net ...
  • 6.
  • 7. The Work Systems And Organizational Structure Of The... Assignment #7 This paper will examine the work systems and organizational structure of the Healthcare Employees Benefits (HEB) Manitoba. I will explain the current system in place and present how changes in work and technology may affect potential future changes to the work systems. As well, the potential benefits and obstacles to these changes will be explored. HEB Manitoba is the pension and benefit provider for 70,000 active and retired healthcare workers in Manitoba. It emerged from the consolidation of three pension plans during two mergers in the mid– 1990s. Since the mergers, it has grown from 12 employees to more than 150 employees. It has a proto–typical hierarchal organization, with 1 senior executive, 5 executives, 25 managers and approximately 120 employees. Some managers have no employees reporting to them, but managers with direct reports average about eight employees each. The departments divide according to job function, including finance, corporate services, pensions and benefits, disability and information systems. The majority of the departments split into further sub–departments, with the largest department, the pension and benefits department, consisting of 57 employees. Workflow generally stays within one department, but can cross over between departments. Sub–departments typically focus on specific tasks, such as reviewing files for data accuracy, preparing pension calculations, or administering the information network. As the largest department, the ... Get more on HelpWriting.net ...
  • 8.
  • 9. Should Paternity Leave Be A Mandatory Employee Benefit? It Takes Two A brand–new family has just brought home a screaming and crying baby, the best part is that they both have a month off work to love, care, and nurture this newborn into the world while getting paid. Sweden was the first country to introduce paid paternity leave as a mandatory employee benefit, followed closely by the other Nordic countries: Finland, Denmark, Iceland, and Norway. Since its introduction, paid paternity leave continues to make gains, making the Nordics the eye of focus when discussing implementation of such policies in other countries. Due to the 'Father Quota' the Nordic Countries have been successful in economically supporting paid paternity leave as an employee benefit, which has led to benefits seen in the economy, family health, and newborn development. Summary When a mother holds a job and then becomes pregnant she is presented with two options. The first of which would be to quit, or if lucky the company many offer an employee benefit leave. The basis of leave, as an employee benefit, is maternity leave. This offers a certain amount of time paid or unpaid to the mother after the birth of the child. The next step up would be paternity leave or paternal leave. This is leave that not only is offered to the mother but also the father so that both parents may spend the first few weeks at home with the newborn. Not all countries have the basic guarantee to the maternity leave. Let alone the idea of paternity leave, which is still considered ... Get more on HelpWriting.net ...
  • 10.
  • 11. The Hartford Jurisdiction Of The Unemployment Problem The problem I would like to solve or at best make better is the unemployment rate in Connecticut and the amount of money, extentions, and the process to recieve unemployment benifits in the juristiction of Connecticut over–all but would want to focus on the county of Hartford. The unemployment percentage in CT is 6.4 which is more then the countries percentage of 5.9 but Hartford county is 11.4 and at the top for highest unemployment in the state. This is one of the most serious, frusterating and uncalled for economicchallenges in the past decade. Unemployment is a major cost to the economy in individuals, the state and the overall country; In this paper I will be addressing the Hartford jurisdiction of the unemployment problem. Federal ... Show more content on Helpwriting.net ... The priority should be to get people back to work not just more unemployed benefits, these benefits are just putting a Band–Aid on a huge problem that needs to be addressed and should have been address in 2008 when we were as a state not only the Hartford district at its peak of unemployment. Throwing more money at the problem will not fix the job situation and it will do nothing to encourage entrepreneurs to create more jobs or help people find jobs to feed their families. It says on the website for Connecticut department of labor that you have to "engage in an active search for work and make appropriate employer contacts in light of the labor market, and your skills and capabilities," well how is this being recorded, how do you know these people are actively look and putting in effort to get back in the work force? Over 4 million Americans have been jobless for over 27 weeks or more and with 136,500 being our own Connecticut resisdents if you are fully unemployed, or partially unemployed and working part–time you can accept unemployment benifits, I can see why people are staying unemployed if they are getting free money from the state chances are they aren't going to make that much working part–time or even minimune wage full time; and when those benifits run out benefits are 14– 20 weeks extended ... Get more on HelpWriting.net ...
  • 12.
  • 13. Rodman V. New Mexico Employment Security Department, 764... Rodman v. New Mexico Employment Security Department, 764 P.2d 1316 (N.M. 1988). Facts: Ms. Rodman was an employee of Presbyterian Hospital for nearly eight years as a unit secretary. On February 17, 1987, the appellant was terminated under hospital personnel policies following a "third corrective action" notice. Ms. Rodman was reprimanded in June of 1986 in light of receiving an inordinate number of personal calls and visitors at her work station. The formal reprimand set forth conditions to prevent further corrective action. The conditions were as follows: no personal telephone calls during work hours outside of a designated break or dinner time, these are to occur in an area not visible to patients, physicians, or other ... Show more content on Helpwriting.net ... Rodman agrees to meet the boyfriend downstairs. When claimant left her area she notified a co– worker, as her supervisor was on lunch, she then notifies the security guard, and asks him to meet her in the lobby. When Ms. Rodman arrived in the lobby the boyfriend started to make a scene and forced her outside. As a result the claimant's shirt had tore. At which point the security guard arrives to find the two (claimant, and claimant's boyfriend) arguing and inside her car. The security guard instructed the boyfriend to give Ms. Rodman her keys back, the boyfriend jumps into the driver's seat, locks the doors, and drive off. Thirty–Five minutes later Ms. Rodman returns to proceed with her shift, where telephone calls continue. The supervisor, frustrated sends Ms. Rodman home, shortly after the claimant is terminated. Issue: The issue in question is whether the misconduct which warranted termination from employment rose to the level of misconduct which would warrant denial of unemployment compensation under NMSA 1978, Section 51–1–7 of the Unemployment Compensation Law. Rule: Meaning of "misconduct" under New Mexico's Unemployment Compensation Law is not to be given a too broad meaning. As defined in Mitchell v. Lovington Good Samaritan Center, Inc., 89 N.M. 575,577,555 P.2d 696,698 (1976): " Misconduct" is limited to conduct envincing such wilful or wanton disregard of an ... Get more on HelpWriting.net ...
  • 14.
  • 15. Corn and Politics- The Numerous Benefits and Uses of Corn... A good percentage of the food in the supermarket is linked to a specific kind of plant. This vegetable, which has many uses, is corn. Since the beginning of the United States, corn has taken an important role in the development in the nation, meaning that without corn this nation would not be the same. When the Europeans came here, there were no real resources that they could exploit for the benefit of their survival. But then one can ask the question, how did the Native Americans survive before they were killed by the infectious viruses and diseases from the Europeans? Well, as simple as it can be, corn was one of the prime elements for their survival, it was one of their main agricultural products. The Europeans that came to the United ... Show more content on Helpwriting.net ... The United States is the greatest corn producer in the world. There are many farmers who dedicate themselves to the art of growing corn and of course other vegetables if they want to have some income. What is very surprising is that the cost of growing corn, which includes planting the seeds, watering, insecticides, is going to cost more money than the revenue it makes. No wonder that is why in the supermarkets you can get a couple of corns for a dollar, which is sort of ironic because in Latin American countries corn is kind of expensive. There are also some farmers who only grow corn, but the only way for them to have some income is for the government to give them some money. In a recent study of the products in the supermarket more than a quarter of all products, being edible or cosmetics contain corn. This goes from foods like Twinkies, soda's and fruit juice too toothpaste, cosmetics and things like trash bags and even cardboard. Corn is practically everywhere and is an important factor of the United States economy. Ironically, even the chickens, and cows we eat also eat corn. So practically when we eat a chicken, we eat corn, when we eat a cow, we eat corn. These animals are fed corn in their daily life and this is where the term you are what you eat apply. If we eat corn then we are corn. If people's diets will show how they look like, then Americans are like walking corns. Corn for ... Get more on HelpWriting.net ...
  • 16.
  • 17. What Are The Advantages And Disadvantages Of Public... SHAILENDRA SIGDEL PSC ought to present the idea of Public Service Trainee for a three–year time frame to youthful and splendid experts from various areas. The enrollment will be on an agreement premise and take after some cutting edge techniques A protest frequently heard in the common administration is that "quality" individuals are not having any significant bearing for the open rivalry opportunities of Public Service Commission. One of the issues in Nepal is that youthful and qualified individuals are pulled in to join INGOs and other improvement offices, yet these associations once in a while enroll new graduates. The fascination for them with INGOs and different organizations is better pay, working conditions, and so on. Be that as it may, in all actuality, government work ... Show more content on Helpwriting.net ... Indeed, even the individuals who demonstrate some enthusiasm for applying are not doing this as a result of a few elements including a bulky enrollment handle, absence of yearning to be required out in the open administration for quite a while and absence of familiarity with the advantages of joining people in general administration. This issue is exacerbated by the way that the kin of lawmakers, officials and private division are for the most part not intrigued to join people in general administration. This has a few ramifications. To begin with, open administration is not frequently getting the administration of qualified individuals and the cream of the general public. Second, the individuals who have great scholastic foundation in Nepal and abroad are likewise without basic advancement encounters of working in the administration which at last sets them up for all the more remunerating employments later on. Without framework to energize youthful skilled individuals in the general population benefit, both parties–the government and youngsters–are missing ... Get more on HelpWriting.net ...
  • 18.
  • 19. Issues in the Mock Negotiation Problem Essay Mock Negotiation Problem Issues in the Mock Negotiation Problem: Being a member of the Local 5000 in this whole project I could point out numerous things that make the employees at Auto Products Corporation want things better. There seems to be issues at the Indianapolis plant concerning overtime, premium pay, and even subcontracting instead of using their own employees to do the work. What I have also gotten from this mock negotiation is that in the past, the union and management have been satisfactory. Different viewpoints: I have not had a very good experience with my teammates on this project. I agree that this should've been a fun project but it has been very stressful to me. As far as different viewpoints I feel again as ... Show more content on Helpwriting.net ... When the company required a mechanic for a job that normally was performed by a plumber the employee and union filed a grievance. The company should stick with "past practice" and continue to keep their tradepeople working only within his or her trade. If not then workrightspress.com states that stewards can do the following: Past practices grievances are well suited for group action. Unions can: Encourage numbers of workers to file grievances on the matter Distribute leaflets about the dispute Circulate petitions Hold meetings during breaks Picket before or after work or during breaks (being sure not to interfere with employees, suppliers, or shippers) Also in the textbook, the example also states that the union retains the right to examine any existing or new subcontracting agreement for the purposes of checking wage scales and the specific work contracted.(text page389) These are great things we could put in the subcontracting section of the labor agreement. Also in the subcontracting section in the labor agreement, I think the union should also ask that limitations be put in place such as: 1. Requiring the employer to have an agreement that subcontractors will be used only on special ... Get more on HelpWriting.net ...
  • 20.
  • 21. Methods Of An Hr Professional 1. Propose two (2) methods an HR professional could use to determine incentive pay. Specify the main manner in which the proposed methods take into consideration individual, group, and company performance. Justify your response. To be effective, incentive pay should boost the kinds of behavior that are most needed, and employees must believe they have the aptitude to encounter the performance standards. Employees must value and appreciate the rewards, and believe the pay plan is fair. Organizations can link incentive pay to individual performance, revenues, or other methods of success. They select incentives based on their budgets, anticipated influence on performance, and fit with the organizations broader HR and company strategies and objectives. As Hr. manager I will use the Merit pay system, and Gainsharing methods for incentive pay Merit pay is a system associating pay increases to ratings and evaluations on performance assessments. This system gives the biggest pay increases to the best performers and to those whose pay is comparatively low for their occupation. Organizations review merit upsurge grids in fluctuating economic and financial circumstances. "In companies that give yearly merit increases without a different raise for increases in cost of living, merit pay ends up serving as a cost–of–living adjustment and creates a sense of entitlement on the part of employees, with even low performers expecting them" ((Noe, Hollenbeck, Gerhart, & Wright pg. 375 ) . ... Get more on HelpWriting.net ...
  • 22.
  • 23. Minimum Wage And The Wage The American Dream is that all citizens can fulfill their potential through hard work and perseverance. Many Americans work long hours under the belief that they are fulfilling their social contract. Yet, even lengthy work weeks at minimum wage can be insufficient to provide for life's necessities. Many minimum wage workers must supplement their income with taxpayer–funded federal assistance programs in addition to working beyond the standard 40 hour work week. There is an economical and ethical imperative to increase the pay of low–income workers, and this can most effectively be done by raising the federally established minimum wage. The federal government assumed responsibility for ensuring wage fairness by implementing the minimum wage in 1938. However, the federal minimum wage has not kept pace with inflation and is no longer effectively ensuring wage fairness. Recognizing the need for increased income among unskilled workers, several cities, states, and major businesses have raised their local minimum wage beyond the federal level. Yet, this affects only a small portion of workers. It is imperative that the federal government update the established minimum wage across the board to help all workers achieve the American Dream. The federal minimum wage was established through the Fair Labor Standards Act (FLSA), which was passed in 1938. In addition to instituting the minimum wage, the FLSA also established working age requirements, the 40 hour work week, and mandated ... Get more on HelpWriting.net ...
  • 24.
  • 25. Components Of The Compensation Program Components of expatriate compensation After the preliminary consideration, the basic structure of international compensation programs is similar to the structure of domestic compensation programs (Martocchio, 2015). The main component includes base pay and employee benefits. The nonperformance–based incentive and allowance differ international compensation packages from domestic compensation packages. In the following section, I will focus on the difference part between expatriate compensation and domestic compensation. There are three different methods to calculate expatriates' base pay. (Martocchio, 2015) concludes that the first method is the home country–based pay method which compensates expatriates the amount they would receive from similar work in the United States. The home country–based pay method is most suitable when expatriate assignments are short in duration and local nationals performing comparable jobs receive substantially higher pay. The second way is the host country– based method which compensates expatriates based on the host countries' pay scales. Companies can determine the base by various standards, including job evaluation techniques, market pricing, and jobholders' past relevant work experience. The host country–based method is most suitable when assignments are of long duration because expatriates tend to judge their pay compared with their local coworkers rather than their counterparts at home country. The third method is headquarters–based method ... Get more on HelpWriting.net ...
  • 26.
  • 27. Fat taxes have been experimented with in numerous European... Fat taxes have been experimented with in numerous European countries. There are many benefits such as boosting economic growth, improving health and elongating life expectancy. On the contrary if a fat tax is implemented into a weak economy it could cause the loss of jobs due to higher prices. These higher prices cause local consumers to begin to purchase their unhealthy products in different states or countries, causing the loss of business for local industries. France, Hungary and Denmark all have experimented with the enactment of a fat tax. All four countries experienced varied results with both positive and negative outcomes. The French, when implementing the "Junk Food Tax", wanted to decrease unhealthy food eating habits ... Show more content on Helpwriting.net ... Energy drink producers have changed their recipe, playing a cat and mouse game with the government and their new tax regulations. There is much opposition and debate over this, and difficult economic times have created unrest with the residents. Still, the tax with all of this negative feedback has survived, unlike the experiment performed in Denmark. Denmark implanted a fat tax on food products containing more than 2.3% saturated fat. After only being in place for one year, Denmark repealed the fat tax and got rid of an impending tax on sugar in 2012. The tax was causing the loss of jobs due to the increased cost of "doing business". Consumers began buying food products in Sweden and Germany. Many younger adults who would frequently purchase bags of chips after school simply began buying different brands of potato chips that merely just changed the types of ingredients to meet the governments fat tax demands. While the tax did bring in $216 million for the government, the higher price of meat, dairy and butter proved to be too much for the Hungarian economy to handle. With the loss of consumers in Denmark, business owners were not able to sustain consistent sales to stay profitable. Americans would have even less options for buying foreign food products considering our geography, compared to that of Denmark. With mixed results it is necessary to carry out evaluations before implementing a fat tax. The state of ... Get more on HelpWriting.net ...
  • 28.
  • 29. Case Study : Human Resource Management MGT509 Human Resource Management Module 4 CASE – Total Rewards; Employee & Labor Relations; Global HR Trident University International Dr. Paul White Antoinette Gibson January 28, 2016 Total Rewards Within every organization there is some kind of pay plan or salary rates and plans for which employees fall within what grades. As well as those salary figures, many of the bigger companies have instituted bonus plans or incentives for their employees after a being with the company for a certain amount of time. These are things that are pretty common to us in society today. With that, today throughout this short paper I would like to take a moment to highlight was broad banding is, share the bonus system within the King Company and highlight FMLA versus the King companies leave policies. Then I will discuss King's time off policy. Finally I will briefly discuss this issues with one of the employee who was mistakenly terminated for taking leave within the company. An unfortunate, situation that I conclude was possibly an issue of attention to detail. Broad banding According to research, broad banding refers to where the numbers of salary grades are consolidated into fewer, but broader, pay ranges (Kovac 2006). In broad banding, the spread of the pay ranges is wider and there is less overlap with the other pay ranges. Broad banding came about because organizations wanted to flatten their hierarchies and move decision–making closer to the point where necessity and ... Get more on HelpWriting.net ...
  • 30.
  • 31. Essay on Hrm 599 Course Project: Benefit Plan Design Analysis HRM 599 Course Project: Benefit Plan Design Analysis Purchase here http://devrycourse.com/hrm–599–course–project–benefit–plan–design–analysis Product Description Course Project: Benefit Plan Design Analysis Objective – The course project is designed to provide you with a real–life practical application of an organization's Human Resource benefits program. You will create a written analysis of a real–world organization's benefit plan design with suggested opportunities for improvement that use the concepts and knowledge introduced in this course. The below 8 parts need to be completed Part 1: Select and profile an organization for the benefit plan (40 Points) Part 2: Statement of the issue (40 Points) Part 3: ... Show more content on Helpwriting.net ... You will create a written analysis of a real–world organization's benefit plan design with suggested opportunities for improvement that use the concepts and knowledge introduced in this course. The below 8 parts need to be completed Part 1: Select and profile an organization for the benefit plan (40 Points) Part 2: Statement of the issue (40 Points) Part 3: Literature Review (40 Points) Part 4. Issue Analysis (40 Points) Part 5. Issue Solutions (40 Points) Part 6. Solution and its Implementation (40 Points) Part 7: Justification (40 Points) Part 8: Reflection (30 Points) HRM 599 Course Project: Benefit Plan Design Analysis Purchase here http://devrycourse.com/hrm–599–course–project–benefit–plan–design–analysis
  • 32. Product Description Course Project: Benefit Plan Design Analysis Objective – The course project is designed to provide you with a real–life practical application of an organization's Human Resource benefits program. You will create a written analysis of a real–world organization's benefit plan design with suggested opportunities for improvement that use the concepts and knowledge introduced in this course. The below 8 parts need to be ... Get more on HelpWriting.net ...
  • 33.
  • 34. Fostering A Positive Work Environment Through Improving... Fostering a positive work environment through improving workplace communication John Seawell BUS 501 Business Communication Jan Tucker 29 June 2015 Table of Contents Section Heading Page # Abstract 3 Introduction 3 Significance 3 Why create a positive workplace 5 Worker benefits from a healthy workplace 7 Employer benefits from a healthy workplace 7 Discussions and implications 10 Conclusion 13 References 14 Abstract What this paper does is explore one facet of the gem that is our workplace. And much like a gem, if studied, the flaws will become evident which then means that once these flaws are removed you have a thing of admiration and beauty. This paper is a restatement of understood facts, facts easily available to us all, but they are presented in a different and logical manner. Because of their presentation a logical conclusion is reached. Introduction Every good story starts with the story, this paper is no different. It starts with an earth with no man then fades into cavemen as they discover fire then fades again but this time into a modern scene of people also around a camp fire. But this time the men are having a conversation as well as cooking on the fire. No matter what a person believes the creation of man to be, what is learned from all the stories is that communication is important to the evolution of man. As man has evolved, so has
  • 35. ... Get more on HelpWriting.net ...
  • 36.
  • 37. The Silent Partners And The Social Responsibility Model Of... Novel Ideas' silent partners have numerous concerns with public officials calling off layoffs including the hindrance of economic performance, an increase in insolvency, and an inability to maximize company profits.. We realize that the principal motive is to maximize profits. As investors in our company, we understand why the silent partners tend to agree with the social responsibility model of Milton Friedman. The silent partners, like Mr. Friedman, feel as if we need to utilize our resources and engage in activities that diminish the economic volatility our company is facing (Crawford, 9/20). A primary concern is to do whatever it takes to maintain the company's solvency, while adhering and staying within any legal boundaries. Another concern the silent partners may have is the social responsiveness strategy that the officials from the local chamber of commerce and local economic development group want us to utilize. The local organizations want us to avoid layoffs, so the community can maintain economic stability. However, we know that the silent partners are concerned that if we do not fire one of the full–time employees, we will not be maximizing our profits, and again increasing the economic volatility of our business. As the silent partners have mentioned, firing one of the full–time employees would not be of concern as we would save money, increase profits, and still maintain a satisfactory level of customer service. However, many would categorize our strategy as ... Get more on HelpWriting.net ...
  • 38.
  • 39. The New Obligatory National Living Wage Introduction On the 1st April, 2016, the new obligatory National Living Wage (NLW) was set, rising from a minimum amount of £6.70 to £7.20 per hour – an hourly addition of 50 pence – only for those aged 25 and over. It was expected to benefit 1.8 million people and to provide an instant pay rise for approximately 6 million people across the UK. The target is that, by 2020, the NLW will increase to at least £9 an hour (BBC News, 2016)1. The aim of increasing the National Living Wage was "to create a higher–wage, lower–welfare economy." (Osborne, G., 2016. Cited in BBC News, 2016)2. Since the rise of the NLW, it has been made evident that numerous businesses across the UK are being significantly impacted by this change, for instance, many ... Show more content on Helpwriting.net ... The business was unable to pay the new NLW without reducing expenditure elsewhere, this reduction included cutting Sunday pay and bonuses, and reducing bank holiday pay. Therefore, whilst B&Q was increasing the minimum pay of their workers, they were also reducing their privileges, and so productivity and profitability both reduced. A solution to the issues caused by the increased NLW could be that B&Q alters their organisational objectives. Commentary There were a few main themes and ideas that recurred across most of the supporting documents (see appendices, p.6–X); one main theme is that it seems as though the NLW rise will benefit employees, when in fact several businesses, including B&Q, are finding ways, such as 'cuts to employee benefits' (Butler, S. 2016)3, in order to fund the increased NLW, and thus defeating one of the reasons for the new NLW's enforcement, being to benefit the recipients, employees over 25 years of age. Another main theme is that the NLW will have future affects as well, due to the aim being for 'the NLW to rise to more than £9 an hour by 2020' and 'the independent Office for Budget Responsibility has warned that 60,000 jobs could go as a result' (BBC News, 2016)1. As they believe that 'firms [will] recruit more under–25s, who will be on a lower rate.' (BBC News, 2016)4. This issue of lack of revenue available to pay employees the new NLW, and other issues caused by the NLW rise ... Get more on HelpWriting.net ...
  • 40.
  • 41. The 's Time Off Policy Total Rewards Within every organization there is some kind of pay plan or salary rates and plans for which employees fall within what grades. As well as those salary figures, many of the bigger companies have instituted bonus plans or incentives for their employees after a being with the company for a certain amount of time. These are things that are pretty common to us in society today. With that, today throughout this short paper I would like to take a moment to highlight was broad banding is, share the bonus system within the King Company and highlight FMLA versus the King companies leave policies. Then I will discuss King's time off policy. Finally I will briefly discuss this issues with one of the employee who was mistakenly ... Show more content on Helpwriting.net ... The company offers a numerous amount of benefits to their employees to include paid health coverage. With everything some people are going to complain. However, despite all of those complaints, some employees do well with King's benefits package. The company supports retirement savings by matching employee contributions to their 401 (k) accounts at about 50% of the employees contributions up to a maximum contribution of 5 % of the employees' annual salary. They receive pay when they are on vacation or sick in which any time that is not used can be carried over for a certain amount of years. As if those bonus perks are enough, there have worked to get a tuition reimbursement for work–related college courses. It's unfortunate that many people within the organization don't take advantage of these benefits, and it's even worse because there could be a change to end this in the future. They can already afford as a company to have a low salary rate due to such high amount of benefits they give their employees. It could improve maybe by increasing the leave benefits. When you talk about cutting salary, it has to give somewhere in reference to what you can do for them in result of taking things away. I think the bonus system is not bad at all and I don't really see it being able to be replaced unless there is an option for the salary to increase. FMLA ... Get more on HelpWriting.net ...
  • 42.
  • 43. join the army Essay I retired from the Army last year July 1, 2004. After spending 23 years in the Army, I would encourage any young man or woman to join. The Army was a great experience, and I would do it all over again if given the opportunity. The benefits I received made it well worth the occasional sacrifice. Some of the benefits are full time employment, money for college, free health care, Learning new skills, and the pride of knowing you are serving your country. While in the Army I earned decent money, 30 days vacation a year, and was eligible for numerous benefits for my service. While on active duty in the Army I received what is called basic pay. I got paid twice monthly on the 1st and the 15th of each month. I have heard a lot of people complain ... Show more content on Helpwriting.net ... I would venture to say not very many. Another important benefit the Army provides is educational benefits. The Montgomery GI Bill is available for active duty and veterans to help with education costs. The Bill provides up to 36 months of education benefits for college, business technical or vocational courses. The veteran or soldier must be a full–time student enrolled in a regionally or Nationally Accredited college or university, and can get up to $1004 a month at the current rate to cover education benefits, including high–tech or vocational technical programs. It all adds up to a total benefit of over $36,000 and these benefits are increasing every year. The college loan repayment program can assist in paying off student loans. Soldiers on active duty can receive up to $65,000 for college loans. Soldiers in the Army Reserve can receive up to $20,000 for college loans. To take advantage of this program soldiers must enlist full time in the Army for three years or in the Army Reserve for six years. The Army also allows its soldiers to attend college while on active duty and pay up 100% of the tuition. The Army partners with over 1,600 community colleges and four–year universities, so its soldiers can attend college during active duty service. Another great benefit in the army is family medical and dental care at little or no cost. Soldiers and family members can receive ... Get more on HelpWriting.net ...
  • 44.
  • 45. Recommendation For Revision Of Penn Mart 's Health Care... Abstract This paper is an analysis of the critical points of the "Recommendation for Revision of Penn–Mart's Health Care Strategy" memo (Penn–Mart Memo) in relation to the points in the report by Roy Eichhorn, Strategic Systems Department, Army Management Staff College, entitled, Developing Thinking Skills: Critical Thinking at the Army Management Staff College. The author of the Penn– Mart memo is Senior VP of Human Resources, Salvador Monella whose indicated purpose is to offer a remedy to the spiraling costs of healthcare benefits. The analysis will be broken into sections based off of the analysis structure defined by the report by Roy Eichhorn. Review of the Penn–Mart Memo in Accordance with the Critical Thinking at the Army Management Staff College report. 1. Purpose, Goal, or End in View. The purpose or goal described in the Penn–Mart memo is a program engineered to lower employee benefit costs paid by the company. The method of attaining this outcome would be to implement a mandatory "Get Well" employee health screening and monitoring program. The author's conclusion to the problem of a costly employee health benefit program is to institute a multi–prong monitoring program would include biometric screening described as "finger stick blood tests for cholesterol and glucose; weight, height, and waist measurement; and a blood pressure reading" as well as required health questionnaire and annual physical examinations. 2. Question at Issue or Problem to be Solved. The ... Get more on HelpWriting.net ...
  • 46.
  • 47. Sustaining Employee Performance Sustaining Employee Performance HRM/300 Fundamentals of Human Resource Management March 18, 2013 Sustaining Employee Performance Baderman Island has been dedicated to providing guests and visitors with unique and great experiences since opening to the public in 2004. "The Board of Directors and operational leaders in the organization, empowers its staff to offer unsurpassed quality of customer service, through individual acts of random kindness and specialty services" (University of Phoenix, 2012). Exceptional customer service is a top priority of the management and staff at Baderman Island. The resort offers numerous accommodations at prices that are affordable for every budget. Each individual position within this company adds ... Show more content on Helpwriting.net ... The visitor's center supervisor and wait staff are both a very important addition to the resort. All employees are offered an exceptional benefits package. Pay scales are determined based upon the job title with additional contributing factors such as experience and skills. The visitor's center supervisor is a salary job which scale depends on the person's amount of education, years of experience, qualification and credentials required for the job. For the wait staff an hourly pay rate depends on their experience and starts at $2.13 and goes up to $5.75 an hour. A benefit package will also be included affordable medical including vision, dental and optional cancer. There will also be paid vacations, sick leave with pay, and maternity programs with onsite daycare provided. A 401K plan will be offered with matching $50 to every five dollars that it put into the plan by the employee. All of the benefits will be offered to all employees here at Baderman Island. Job Evaluation Plans The evaluation plans most effective for the Visitor's Center Supervisor would be the appraisal method of behaviorally anchored rating scale and relative standards method of individual ranking. These two are best suited for this position due to collecting the proper data on each job position. The advantage of behaviorally anchored rating scale and relative standards methods of individual ranking is that they can allow for ongoing feedback, ... Get more on HelpWriting.net ...
  • 48.
  • 49. Sandwich Generation Employees: A Case Study There are numerous ways of supporting the sandwich generation employees which will benefit both employees and employers. A general social survey conducted on social and community support by Statistics Canada 1996, stated that caregivers felt their employers could support employees more with increased financial support, information related to long–term illnesses and disabilities, counselling benefits and relief assistance. Furthermore, the survey concluded that 44 percent of participants indicated that extra expenses incurred from caregiving could be minimized from some forms of compensation on unpaid work. In addition to extra financial support, one in ten participants believed that information on the long–term illnesses and disabilities can be helpful and effective in providing caregiving services along with some counseling. ... Show more content on Helpwriting.net ... It's one thing to say you were up during the night because your baby kept wetting the ... Get more on HelpWriting.net ...
  • 50.
  • 51. Performance Appraisal Notes Essay A. Explain the benefits of performance appraisal systems within an organization in which you address the following: A1. Present the optimal results of a well prepared and well–delivered performance appraisal. *If the company establishes a well prepared and well delivered performance appraisal, what are the best results the company can expect? (employee prospective and company perspective are good here) Performance appraisals are a tool that most companies use when assessing their employees. A well prepared and well delivered performance appraisal can be beneficial to both the employee and the company. The company benefits in many different ways when they deliver this type of performance appraisal. The performance appraisal process ... Show more content on Helpwriting.net ... (suggestion: ongoing activities and in the time proximal to the performance review) It is important to make time for pre–appraisal activities to make sure that the benefits are at max potential. It will hurt the chances of maximizing gains for both the company and the employee if the following activities are not done beforehand. The most important thing when it comes to being ready for the performance appraisal is being well prepared. The manager needs to make sure that he sets aside enough time to perform the pre–appraisal activities. These activities include establishing a time for the appraisal and relating it to the employee, making sure to lay out all new and old goals for the employee, giving the employee an advance copy of the review, collecting the employee's review of themselves, and collecting all notes taken that may validate your points and emphasize your decisions as well as the last performance appraisal. It is important to make sure that the employee has enough time to prepare for the appraisal. This allows for quality feedback from them and will also lead to quality questions. In order to make it the most beneficial appraisal possible, then both sides need to be well prepared. Goals and expectations will be completely understood if both parties have an idea of what's expected of them. The employee can have questions ready for things that they may not understand. There may be instances where they can ask for additional training in areas ... Get more on HelpWriting.net ...
  • 52.
  • 53. Individual Employment Opportunity Act An Employer Compensation is one of the most important aspects of business. It attracts, motivates, and retains skilled employees; therefore, evaluating compensation correctly to meet the needs of the business and satisfy the wants of the employee is also extremely important. The aspects that Echo Inc. should consider when evaluating their compensation practices are the different limitations placed on pay, the benefits that are required by the government, optional benefits, and the different pay for performance plans. When considering how to pay employees, a business must factor in the legal requirements of pay placed by the government. Government regulations affect pay by implementing the equal employment opportunity, minimum wage, overtime pay, and ... Show more content on Helpwriting.net ... Although, company's do not have to pay salary workers for over time. Two additional federal laws, the Davis– Bacon Act of 1931 and the Walsh–Healy Public Contracts Act of 1936, govern how much federal contractors are paid. The calculation of prevailing wages at which federal contractors must be paid is thirty percent of the local labor force. These regulations must be taken into consideration when deciding an employee's base pay. There are various pay level strategies to choose from including: lead the market, match the market, lag the market, hybrid, employer of choice, or cafeteria plan. Setting higher wages than competitors helps attract quality applicants in larger quantities. It also increases employee's work efforts, reduce turnover, and lower monitoring costs. While high wages are beneficial to the employees a business determine if they can afford to pay a higher wage, or if the money could be better used somewhere else within the company. The government not only places certain limitations on pay they also require employers to provide certain benefits. These required benefits are social security, unemployment insurance, workers' compensation, unpaid family and medical leave, and health care benefits. The Social Security Act of 1935 provides that if a worker meets certain requirements they will receive retirement benefits that are based off their age and earning history. Over 90% of U.S. employees are covered under this program. The Social Security Act also ... Get more on HelpWriting.net ...
  • 54.
  • 55. How A Buyer Has Numerous Benefit Options For The Procedure... A buyer has numerous benefit options to choose from. The following are the suggested options: 1. A Center of Excellence (COE) Only Benefit: Under this benefit design, patients are signified to a COE for evaluation and determined to see whether they are applicable aspirants for a knee or hip replacement procedure. If the candidate qualifies for the procedure, the benefit is enclosed and the provider is paid a bundled payment. If an individual does not qualify for the procedure, there is no insurance benefit for the procedure at any facility. 2. Reference Pricing: Under reference pricing, a benefit price is established for a set of services. Some providers will bill at or below the reference price; some providers will bill ... Show more content on Helpwriting.net ... These approaches give the patient a broad choice of providers and some financial incentive – in the form of lower cost–sharing – to seek care from a provider participating in the bundled payment program. However, to create enough "steerage" to these providers, the incentives will have to be significant; providers may think twice about participating in bundled payment if patients still have a broad choice of providers. Purchasers are likely to be more successful at getting providers to accept bundled payment if providers can expect greater patient volume when they do. To achieve maximum savings and better patient outcomes by driving volume to high–value providers, CPR recommends benefit design approaches that create incentives for enrollees to seek care from them. Options 1 and 2 above are examples of benefit designs that are more likely to yield higher results than those strategies that offer modest benefit design differentials between a bundled payment provider and a non–bundled payment provider. In the end, determining your benefit design strategy comes first; designing and developing the network will follow. Employee education and benefit designs that either encourage or require the use of treatment decision support (TDS) tools can help consumers feel better about their treatment decisions and prepare them for more aggressive benefit strategies that steer patients ... Get more on HelpWriting.net ...
  • 56.
  • 57. Senior Management Retreat I was tasked with developing an agenda topics for the Senior Management retreat to be held on May 31, 2016. In order to identify the topics for discussion I needed to identify what was the current state of the company's profitability and what the company is doing to be a socially responsible organization. First, I completed a thorough review of the company's current business practices and conducted several focus groups with employees to discuss their top five ideas and suggestions for improving their productivity, commitment to the company and overall job satisfaction. The results of these activities produced several areas of focus SmartShoes senior management team should look at. Below is a list of the topics as well as my rationale ... Show more content on Helpwriting.net ... Several responses indicated that they felt ill prepared to provide a high level of productivity. Particularly when they first joined the company. Still others indicated they felt that they had limited opportunities for career advancement. As a result of this employees become frustrated and either leave the company or if they stay become increasingly frustrated, which can result in lost productivity and poor performance. Which will eventually lead to less than stellar product development and ultimately a loss in revenue. By implementing a training program for new staff, can start their jobs with some idea of what they're supposed to do and how to do it (Section 7. Developing Training Programs for Staff, n.d.) Additionally, it can show new employees the company is serious about what it does, and therefore encourage them to be serious about it, too. A solid training program can also significantly reduce mistakes that cost the organization loss of revenue, production times, and the reputation of their products (Section 7. Developing Training Programs for Staff, n.d.) For existing employees a training program also has numerous benefits: It will help them to continually improve their knowledge, skill sets and keep them fully engaged in their work. For all of the reasons I've detailed I believe the implementation of these ideas will result is improving employee morale, productivity, loyalty ... Get more on HelpWriting.net ...
  • 58.
  • 59. Verizon Wireless's Benefits Package Verizon Wireless may be losing at least one competitive advantage as a result of lack of knowledge about how employee benefits packages in the wireless industry compare. Studies have shown that valuable employees and top talent candidates are highly influenced by employee benefits packages considered to be good (Paterson, 2013). The leadership team's determination and call for organizational growth, translates to both retaining current employees and enticing new candidates to join, an area in which a top employee benefits package is a major contributor. With this consideration, and factoring in the problem of a lack of updated information, it was determined that there was a critical need for a current benefits package comparison. The ... Show more content on Helpwriting.net ... The coding system is as follows: 0 denotes no information; 1 denotes inadequate benefits; 2 denotes adequate benefits or listed but little information; 3 denotes above adequate benefits; also the term "assigned values totals" denotes the calculated sum based on the coded value determined for each item. It should be noted that some companies received more 0s than others, because of lack of information available from the organization resulting in lower assigned values totals. Applying a coding system enabled qualitative data to be evaluated quantitatively, permitting a more accurate and objective analysis. Capstone Q1–Industry Benefits Comparison: As stated above, the method used for the industry employee benefits package comparison was a comparative analysis. To organize the data it was broken into themes and coded. Presented here are the five resulting tables, including a short data analysis for each. In addition to the listed tables, a scatter plot figure was added for visual representation of the assigned values totals for each company, including every category; however total scores will be announced later. Table 1 data analysis. In Table 1, health and well–being benefits were scored with a possible assigned values totals of 24. Verizon Wireless and Sprint were a single point apart with Verizon attaining 22 and Sprint 21. Samsung ... Get more on HelpWriting.net ...
  • 60.
  • 61. Case Study : Business Concept Involving Social... Case Study 3 Christopher Thomas BUSI 642 Liberty University Case Study 3 Total Rewards The company I selected is L.L. Bean. This case study describes a business concept involving social responsibility and employee care as the core philosophies of the company dating back to its inception. The code of conduct which includes safety standards, non–discriminatory practices, and fair compensation and benefits is strictly adhered to (Reed, 2009). Additionally, the company's approach toward sustainability demonstrates a powerful yet very effective system that creates profit for its shareholders while protecting the environment (Reed, 2009). L.L. Bean is ran operationally so that its business interests ... Show more content on Helpwriting.net ... The company also organizes and encourages employees to take adventure days together (Reed, 2009). According to one author, there are positive effects that can be associated with collective physical activity in the work place (John W Williams Jr., 2012). Additionally, collective physical activity programs have the potential to increase levels of physical activity and ultimately, improve health and economic outcomes (John W Williams Jr., 2012). Lastly, the success of the business is often reflected in the cash compensation form as selected employees are awarded cash awards by percentages, and pension plans are deposited with excess capital as part of the success of the firm. The benefit packet includes elements such as: health care, several retirement plans, life insurance, professional development programs, tuition assistance, and relocation assistance (Reed, 2009). The approach used by the company follows the basic fundaments of a solid benefit package in its quest to attract the right employees, while maintaining them (Gomez–Mejia, Balkin, & Cardy, 2012). The internal, external strengths and weaknesses identified; how the company responded to these factors from a total rewards perspective. The company had a strong presence prior to the e–business boom. Over several decades, the company developed a strong position and brand internally that was based upon the premise ... Get more on HelpWriting.net ...
  • 62.
  • 63. Budgeting: Balance Sheet and Sales Essay ACCT556 Budgeting Project TO THE STUDENT Fantastic, Inc. is a case study which allows you to incorporate numerous financial and managerial accounting concepts into a single business setting. You will take the position of the company controller who will prepare the budget for the year ended December 31, 2006, using the actual data from 2001 through 2005 and information given to you by various departments. You will prepare a report for the president of the company describing the strengths and weakness of the corporation as well as to provide suggestions for the future. In short, you will be responsible for the planning and control procedures for the company from an accounting standpoint. In order to focus on important accounting ... Show more content on Helpwriting.net ... Absorption costing is used for all outside reports. All non–direct fixed costs are allocated using various allocation bases as indicated throughout the project. The Company does not use a full ABC costing system; however, it does employee some of the ABC concepts in the budgeting process. The administrative department handles all of the purchasing, accounting, and secretarial duties in a highly efficient manner. The need for separate departments is not necessary at this time. 2005 INFORMATION SUPER STUPENDOUS DEPARTMENT DEPARTMENT Number of machines available 26 20 Annual capacity per machine 15,000 gallons 15,000 gallons Annual production capacity 390,000 gallons 300,000 gallons Machine hours available per machine 1,800 hours 1,800 hours Standard machine hour per gallon .12 hour/gallon .12 hour/gallon Standard labor hour per machine hour 1.25 labor hr/mach.hr 1.25 labor hr/mach.hr Actual sales volume 420,000 gallons 268,200 gallons Number of hourly employees 29 21 Supervisors (one per each eight hourly employees) 4 3 Raw material prices Cans 40¢ each 40¢ each Pigment $2.75 per pound $3.75 per pound Raw material usage Cans one per gallon one per gallon Pigment two pounds per gallon two pounds per gallon Direct labor rate $8.25 per hour $8.25 per hour 2006 PROJECTED SALES INFORMATION The sales department feels very good about the prospects for 2006. The reputation of the ... Get more on HelpWriting.net ...
  • 64.
  • 65. Essay on Classic Pen Co. Case Classic Pen Co. Case In the past Classic Pen Company had been the low–cost producer of black and blue pens and had profit margins over 20% of sales. Over the last five years Pen Co. decided to start producing red and purple pens. They require the same basic production technology but can be sold at 3% and 10% premium selling prices. Sales Manager Dennis Selmor is just seeing the financial results and is not happy with the numbers. The first issue that Pen Co. is facing is their decline in profitability. Even though the numbers show the red and purple pens are more profitable individually (red 14.8%, purple 18.2%), the overall return on sales is declining (13.5%). A second issue that Pen Co. has is the issue of addition of ... Show more content on Helpwriting.net ... Finally the remaining indirect costs are the machinery ($8,000), maintenance ($4,000), and energy ($2,000). These are all used to supply the machine with the capacity to produce the pens with a total of $14,000. Overall Classic Pen Co. must improve upon several areas of demand in order to increase its profitability similar to what it had been in the past. They need to increase their planning and try to adjust their current planning system and organizing. They could invest in more computers to increase the amount of scheduling being done by computers and as a result lower their indirect labour costs. Finally I recommend they should invest in some more machines to produce the different colour pens in. This would have a high cost of capital but would eventually save the company money in the labour cost and time required for the physical changeover between colours Calculation Page Indirect Labour Machine Support Handling Production Runs = 10,000 Machinery = 8,000 Set Up = 8,000 Maintenance = 4,000 Parts Administration = 2,000 Energy = 2,000 Fringe Indirect Labour = 8,000 Total = 14,000 Computer Support Fringe for Direct Labour Handling Production Runs = 8,000 Fringe = 8,000 Parts Administration = 2,000
  • 66. Total Overhead = 60,000 Calculating Activity Rate Activities | Activity Cost | Cost Driver # | Calculation | Activity Rate | 1) Handling PR | 22,000 | 150 | 22,000/150 | 146.67 / Run | 2) Set Up | 12,000 | ... Get more on HelpWriting.net ...
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  • 68. Benefits And Benefits Of Ford Motor Company Ford Motor Company is a multinational automaker located in the United States of America. The company has employed thousands of employees across the world. Any successful company must provide its employees with a good compensation and benefits plan to remain competitive. As a result, this study focused on researching the types of compensation and benefits plans Ford Motor Company offered to its employees. The study found out that the company offers compensation and benefits plans such as base pay, variable pay, insurance (health, risk, and life), holiday pay, maternity leave, vacation, and pension. This study also determined the advantages and disadvantages of the above compensation plans and benefits. Key words: Ford Motor ... Show more content on Helpwriting.net ... It also recognizes that the company can get maximum output from the employees by ensuring they are always motivated and have the best working environment. One way of achieving that is through ensuring that employees have a good organizational compensation and benefits policy. A research on the company reveals that the management of the company has put up several organizational compensation and benefits for their employees. Compensation and benefits definition Compensation refers to the rewards that an employee earns from a company in return for the labor services they provide to the enterprise (Martocchio, 2010). They include direct financial compensation such as salaries, wages, and bonuses, indirect financial compensation such as retirement plans, leaves, and education services, and lastly non–financial services such as advancement opportunities and career development (Martocchio, 2010). On the other hand, benefits refer to the compensations that a company gives to its employees on an optional basis in addition to their usual salaries. They include disability income protection (dental, vision, life, and health), sick leave, paid and non–paid vacation, and funding of education among others (Martocchio, 2010). A study on Ford Motor Company revealed that it has been providing its employees with several compensation and benefits plans over the years. The management of Ford Motor Company has been performing several reviews on ... Get more on HelpWriting.net ...
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  • 70. Joint Commission Accreditation And Certification The joint commission is a "non–for–profit organization the joint commission accredits and certifies nearly 21,000 healthcare organizations and programs in the United States. Joint Commission accreditation and certification are recognized nationwide as a symbol of quality that reflects an organization's commitment to meeting certain performance standards, and their mission is to keep improving healthcare for the public." (https://www.jointcommission.org) The Joint Commission takes the participation of both side of persons such as personnel and managers and also uses the management of "Medicare Acts" and service the hospitals to use the whole procedures by which they could be able to achieve the needs of federal guidelines connected to the ... Show more content on Helpwriting.net ... The "department manager" offers an approved personnel application to HR. The request may require additional information for an employee who is quitting, retiring, or being discharged, the branch manager will have techniques to follow connecting steps directed by the organization before HR receives the application. (L. Fleming Fallon.Jr., Charles R. McConnell) A corporation's human resources branch is the joining between its individuals and every unit beneath its top. On the outside, an "HR division look as if there is to do little more than hold on to organizations records. In employing and hiring HR administrators are also working more with the "recruiting and hiring departments in their offices to help them make better decisions." The reason for this is very easy to understand, HR executive has a tendency to have countless people skills," which comes accessible because a job meeting is all about reading people." (https://cenidianblog.wordpress.com) "Operational communication and group effort help corporations attract soon–to–be hires launch figures determined enactment reviews give employees a sense of how they can produce their businesses." (www.forbes.com) Creating a detailed outline of a training program for managers. ... Get more on HelpWriting.net ...
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  • 72. Benefits Of The Military Essay Military Benefits: Lasting Beyond a Lifetime The military is shrouded with images of hand–to–hand combat, blood, gore, and depression; but what of the other side of the story? It is known that over millions of men and women have joined the military, but is a bold passion for your nation the sole reason to join? The answer is no. There are numerous benefits to joining the military aside from the privilege to serve our great nation. These benefits range from the pay, financial assistance, free education, character refinement, to good retirement. The military is not notorious for its ability to pay in abundance; however, after considering the additional payments that the military offers, the pay may seem more appealing. Just like with civilian employees who get paid more depending on how long they stay with an employer and the duration of their education, those in the military are paid in the same way. For instance, officers in the military are required to have an extended education depending on their path, while those who are enlisted are only required to at least have a GED. Hence, a commissioned officer ranked as an O–8 who has served for 2 years is paid roughly 10,487.70 dollars a month, while an enlisted member who has served 8 years and ranked as an E–8 is paid roughly 4,136.10 dollars a month. This is only basic pay though, the military also offers special pay for those with specialized or hazardous jobs, and allowances. Military allowances are given to those in service ... Get more on HelpWriting.net ...
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  • 74. Atria Staff Requirement Opinion of the Qualifications of the Staff. 1. Atria does not require registered nurses to be on staff. 2. To my knowledge, registered nurses (RN) play an important role in administrating medication to patients and are next in command under doctors. I think having my mother in a memory care facility with an RN on staff would give me a sense of ease and I would feel as if my mother is in good hands. I think as an 80 year old my mother must be taking a few medications and if medications were not working properly or needed adjustment I would trust an RN to understand changes in my mother prescription would need to be made. It seems employees are trained and have basic knowledge of dementia, however a RN would serve more helpful in dire ... Show more content on Helpwriting.net ... Another benefit for me would be that she is relatively close by. The tour guide mentioned that most relatives of people at Atria live in close proximity to Atria. I think I would love knowing my mother is close by and that I would visit her often. 1. A challenge for my mother and I would the food. I find the menu lacking diversity. I think all the options are western and very American; it lacks comfort. It seems fancy and delicious for a few days, but I know eventually my mother would start to miss Fijian– Indian food. Also, like I mentioned before, my mother does not eat pork or beef and she is vegetarian only on Mondays, Tuesdays and Fridays. Both these things are an important part of our religion and culture; however I am unsure if the staff would be able to accommodate my mother's particular eating habits. I think this would be a great challenge for my mother. 2. Another challenge for me would be not having my mother in a homier place. I desire my mother to have comfort and be around an environment she is comfortable with. I think Atria is really pretty but it is obviously more oriented towards pleasing clients rather than residents. I want my mother to be in place that is resident centered rather than concerned with the outward ... Get more on HelpWriting.net ...
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  • 76. Essay on The Employee Turnover Assignment Employee Turnover Crystal Price Quality Service Assurance HTM 150 Dr. Danika Rainer May 03, 2013 Abstract Within this writing assignment, I will briefly identify the hospitality industry. The industry that I will be speaking upon will Mississippi Management Incorporation & Hyatt Place Germantown Hotel and I will explain the categories of employees. I will summarize three reasons why Mississippi Management Incorporation & Hyatt Place Germantown Hotel turnover with this company is so high in this industry. There will be one method to address each of the three primary reasons that turnover is so high in ... Show more content on Helpwriting.net ... * Summarize three primary reasons that turn is so high in this is industry. 1. One reason for the high turnover rate of hospitality staff is the fact that many hospitality jobs do not pay well. Personnel usually begin at a lowest wage rate or below which does not fascinate top eminence long–term employees because these employees are always looking for a better paying position. Situations that pay below tiniest net depend entirely on customer satisfaction and liberality. "Tips". Around the world, the average beginning wait staff personnel is paid $2.15 per hour by their employer. The rest of their revenue is based pay on the urge of their customers. Monetary turn– downs mean fewer consumers, which in turn shrinkage is wage potential. Add this to the fact that many hospitality positions are seasonal and it is not hard to see why hospitality staff turnover can reach high rates quickly. 2. The second reason for high rates of hospitality staff turnover include deficiency of plentiful doles such as company provided health insurance, retirement benefits, vacation pay, sick leave, additional schooling or exercise programs and other peripheral benefits which are so often perks of other industries. Since the labor pool for a large portion of hospitality jobs is so poor and turnover is so high, a majority of hospitality companies are unwilling to capitalize in programs which would ... Get more on HelpWriting.net ...
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  • 78. Plastec Case Study Essay Plastec Case Study #2 Keeping motivation in the work place demands not only the workers attention and focus but the employer's attention as well. There are many ways to keep your workers motivated. The main point is to keep them satisfied. There are several different ways to keep workers satisfied, compensation, benefits and in the authors opinion one of the most important ways usually is overlooked and that is work atmosphere. The Plastec Company must look at these factors when trying to reduce turnover and increase productivity. The first way to keep your workers motivated is through wages and benefits that your organization offers. The better the compensation package provided by the employer the higher job ... Show more content on Helpwriting.net ... The most important thing to remember when using a salary survey is that in order for the information to be valid you should only compare a specific job position to the same position, with in the local area and similar industry. Also you want to ensure you understand what the salary survey is conveying. Does it include benefits, bonuses, and other forms of compensation that are not covered by the basic salary? Many employee benefits packages include the basic, retirement plan, medical, dental and or life insurances. But they do not have to be so cut and dry. With the job market currently so competitive, employers are coming up with new and creative benefit packages. Some include on site daycare for working families, cafeteria plans and even pet insurance. To remain competitive it not necessary or even feasible to offer every benefit to your employees. For the Plastec Company, specifically the machine operators who are in their mid to late forties all with different family situations the author would recommend the basics of retirement, medical, dental and life insurance. However the author would also add the benefit of pre–tax expense accounts. Not only for medical but for daycare as well, which can usually be accomplished with the same program manager. There are several different ways this program can work. First is that the employee elects to have a predetermined amount come out of their check before taxes and this goes ... Get more on HelpWriting.net ...
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  • 80. Compensation Pl Definition And Strategy The Compensation Plan, Definition and Strategy Compensation is commonly defined as a systematic approach to offering value to employees in exchange for their time, effort and work completed. An organization may provide several different types of compensation that impacts the overall satisfaction of the employees and the growth and success of the company. Essentially, amalgamating the compensation plan to the organizational goals, objectives and company philosophy will support recruitment and retention initiatives. A company's compensation plan should be logical, strategic and deliberate as it delivers an abundance of vital information about the organization to a prospective candidate or employee. The material reflected in the ... Show more content on Helpwriting.net ... Extrinsic rewards are tangible and take both monetary and non–monetary forms (p.414). Further, compensation is broken down into direct and indirect. Direct compensation is the monetary component, taking into account base pay, wages, salary and variable pay. Indirect compensation encompasses the benefits provided by the organization to the employee. "Applying Advanced Analytics to HR Management Decisions: methods for selection, developing incentives, and improving collaboration" authored by Sesil (2013) implies that compensation is clearly a key business decision and impacts the success of the organization. It emphasizes that employee compensation is a divisive topic, and closely aligning pay and organizational performance is vital to the well–being of the organization. In fact, compensation decisions are prone to biased decision making, getting the incentives wrong can lead to human capital focusing on the wrong things and to employee morale and engagement problems, employee turnover, or, as some would argue, to the collapse of an organization (p.104). MMI recognizes, that in an effort to be competitive in the local labor market a strong, concrete and fair ... Get more on HelpWriting.net ...