Benefit from hiring compensation professional

Assignment Help Operation Management
Reference no: EM131225158

Is it Time to Hire a Compensation Expert? Jay Spento is returning to his office after attending the grand opening of the 20th location of EasySpa. As the Director of Human Resources at this growing chain of day spas, Jay has faced many challenges. Opening this latest location took a significant amount of time for Jay and his staff and they have fallen behind on some important projects. His staff has grown along with the company, and Jay believes now is the time to expand his staff by one more position. He now must prepare to meet with the company's CEO to discuss his request to hire a compensation professional. EasySpa is a specialty day spa that provides spa services at a reasonable cost. Each of their locations has a variety of employees including nail technicians, hairdressers, masseuses and receptionists. EasySpa also has a centralized appointment scheduling and customer service center. In ten years the company has grown from 15 employees at one location, to 396 employees at 20 locations. Continued growth is expected as the organization's mission is to become the top-rated day spa in their region. To support this growing organization, the human resources staff includes Jay, a Human Resources Generalist, a Recruiter and an Administrative Assistant. The Recruiter handles all aspects of attracting and selecting new employees and the Human Resource Generalist handles a variety of duties including employee relations and training. Jay provides leadership to the team and works with upper management to set policies and procedures. His duties are complex as they work with a diverse employee population in multiple locations. But, as EasySpa approaches 400 employees, Jay believes a compensation expert can help support the company's growth plans. Compensation management is a responsibility that has challenged Jay. While the company offers full employee benefits and Jay has done extensive market research to ensure they offer attractive pay, he knows there is much more work necessary to ensure that their compensation structure is effective and efficient. The company has no written job descriptions and does not have a formal pay structure. Further, Jay relied upon an outside consultant to design their benefit package, and their benefit offerings have not changed since they were established ten years ago. Overall, Jay is convinced that a compensation professional would add significant value to the company. However, Jay must convince the CEO, who has little human resources expertise and is always resistant to hire more staff positions, that the addition to staff is necessary.

1. Explain at least three ways you think EasySpa would benefit from hiring a compensation professional.

2. Identify and describe the top three projects that you believe the compensation professional should address. Put them in priority order, highest to lowest.

3. How would you convince the CEO to hire a compensation professional? You should have at least three reasons to present to the CEO.

Reference no: EM131225158

Questions Cloud

How financial market participants rely on accounting : Explain how financial market participants rely on accounting and why regulatory oversight of the accounting process is necessary.
Administration and politics dichotomy : The issues of politics and administration dichotomy first raised by Woodrow Wilson continue to generate debate among scholars of public administration in modern time. While some think Wilson’s idea was useful, others reject the idea as impossible.
Reducing uncertainty-risk analysis-problem definition : Comment on 3 specific decision tools (choose TOOLS rather than processes such as McMasters, ProAct or the problem-solving steps, etc) that contribute to decision making through one or more of the following: Reducing uncertainty, Risk analysis, Proble..
How will each institutions balance sheet be affected : How will each institution's balance sheet be affected? - Will either institution receive immediate income from the transaction?
Benefit from hiring compensation professional : Is it Time to Hire a Compensation Expert? Jay Spento is returning to his office after attending the grand opening of the 20th location of EasySpa. As the Director of Human Resources at this growing chain of day spas, Jay has faced many challenges. Ex..
Design a circuit using pspice to bias an mosfet transistor : DESIGN a circuit using PSPICE, to bias an MbreakN3 MOSFET transistor from the BREAKOUT library at a drain current of 1mA. Use a single supply voltage of 20V and compare all the calculated voltages and currents to the values obtained from a PSPICE ..
How these elements were critical to achieving his goals : What were the chief elements of John Gaus' administrative ecology that Robertson drew upon to run Los Angeles Bureau of Street Services? Explain how these elements were critical to achieving his goals? Were there any elements of Arnstein's ladder of ..
Difference between depository and nondepository institution : Explain the general difference between depository and nondepository institution sources of funds. - Consequently, the operations of many financial institutions are becoming more similar.
What are some of difficulties with quantifying credit risk : What are some of the difficulties with quantifying credit risk?

Reviews

Write a Review

 

Operation Management Questions & Answers

  Understanding of information infrastructures

Apply your understanding of information infrastructures—also known as knowledge management—to describe Toyota's use of knowledge management throughout the supply chain.

  Environment-corporate social responsibility and logistics

In the last several years, air cargo facilities have benefited from the revolutions in standard warehouse design. Examples include the air cargo facilities of express shippers and the new Hong Kong International airport facility. How can RFID-enabled..

  Compute the cost of retained earnings

Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay dividends (D1) of $2.50 per share, and the current price of its common stock is $50 per share. The expected growth rate is 8 p..

  What are the factors which influence the quality of

according to conflict theorists the persistence of social class inequality can be linked to the educational

  Measuring non financial performance

Research Six Sigma, Balanced Scorecard, and Triple Bottom Line. (A Google search with ethics AND the chosen model works well.) Which do you think would be most helpful in measuring nonfinancial performance? Why?

  Determine the amount of reduction in cross-sectional

K=35,000lb/in^2 and n=0.40 for a metal used in a forming operation in which the workpart is reduced in cross-sectional area by stretching. If the average flow stress on the part is 20,000lb/in^2, determine the amount of reduction in cross-sectiona..

  Impact implementing these alternative approaches

Evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to a lack of financial resources.

  Statements is true regarding coding

Which of the following statements is(are) true regarding coding?

  Servant leadership from a different religious perspective

While servant leadership is often associated with Christianity and the Bible, one could argue it is compatible with most religions and philosophies and that it transcends cultures. You are required to locate two articles that examine servant leadersh..

  Used exclusively for nurses requests for medications

The pharmacy of a large metropolitan hospital is used exclusively for nurses' requests for medications. Medication requests occur at an average rate of 12 requests per hour. Assume that after submitting a request, each nurse waits at the counter unti..

  School-based health centers and academic performance

The Relationship between School-Based Health Centers and Academic Performance

  Calculate the forecast for quarters

Demand for cameras at Best Buy had the following demand (in thousands) history by quarters over a three-year period.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd