Reference no: EM131317324
Course Textbook - Stewart, G. L., & Brown, K. G. (2015). Human resource management: Linking strategy to practice (3rd ed.). Hoboken, NJ: Wiley.
Assignment - Compensation Purpose and Strategy Document
The purpose of this assignment is to choose a compensation philosophy that is appropriate for your chosen firm and articulate a rationale for this selection.
There are two aspects to this assignment. First, describe the risks and benefits with leading, meeting, and lagging the market in overall compensation and benefits. Next, choose the appropriate strategy (lead, meet, or lag) for your firm, and provide rationale about why this is appropriate.
There is a minimum requirement of 500 words for the compensation purpose and strategy document.
Consider some of the following factors in your assignment:
1. Payroll expenses are usually the highest expense at most firms. If you lead the market, this expense can be taxing.
2. If you are pursuing top talent in human capital rich industries (e.g., software engineering), lagging the market may keep you from competing for market share against your competitors.
3. If you meet the market, paying average will generally not attract top talent, and in addition, you will not have the labor-cost savings of a lag-the-market strategy.
Any sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations in APA format.
|
Do a break even analysis for the first year
: All the marketing mix decisions covered in the marketing program have both revenue and expense effects.-Do a financial projections for 3 years.- Do a break-even analysis for the first year.
|
|
Derive a method to correct x to reflect an arbitrary time
: MATLAB's fft command computes the DFT of a vector x assuming that the first sample occurs at time n = 0. Given that X = fft(x) has already been computed, derive a method to correct X to reflect an arbitrary starting time n = n0.
|
|
Why each piece is considered to be historically significant
: Explain why each piece is considered to be historically significant. Explain how each piece "fits" your company's overall (or desired) corporate image. Keep in mind that a piece of art is supposed to "say" something about the owner, so describe wh..
|
|
Describe the coca-cola companys organizational design
: Describe the Coca-Cola Company's organizational design, key strategic control systems (e.g., budgeting and variance analysis systems), primary human resources concerns, and cultural factors.
|
|
Describe the risks and benefits with leading,
: There are two aspects to this assignment. First, describe the risks and benefits with leading, meeting, and lagging the market in overall compensation and benefits. Next, choose the appropriate strategy (lead, meet, or lag) for your firm, and prov..
|
|
How many different meals consisting of one salad
: A menu offers a choice of 3 salads, 8 main dishes, and 5 desserts. How many different meals consisting of one salad, one main dish, and one dessert are possible?
|
|
Determine the npv for project
: The cost of capital is 17 percent. Currently it takes 22,527.50 VND to buy one U.S. dollar, and the VND is expected to depreciate by 5 percent per year. Determine the NPV for this project.
|
|
The major characteristics of services compared with goods
: Write a 500-750-word paper that identifies the major characteristics of services compared with goods, and describe how technology is changing the customer service and service offerings.
|
|
Write a string to the file pointed to by ofp
: The second function should use a file pointer, say ofp, and the macro putc() to write a string to the file pointed to by ofp. Write a program to test your functions.
|