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Disadvantages of using a web-based compensation tool

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Reference no: EM13727748 , Length: 1200 words

Question 1: Assess the advantages and disadvantages of using a Web-based compensation tool versus a client-server based or stand-alone PC-based system and then give your opinion on which system would provide the most value to an organization's stakeholders. Include three (3) facts to support your opinion.

Question 2: Justify the use of e-Compensation tools in the job-evaluation process from the perspective of HR, management, and the employee.

Question 3: Evaluate three (3) benefits and three (3) drawbacks of a centralized approach to managing merit pay programs compared to a more decentralized approach.

Question 4: Suggest three (3) types of integrated analytic features that are needed for compensation planning and decision support in e-Compensation systems.

Question 5: Assess the barriers that prevent organizations from realizing the potential of Web-based internal equity tools and propose three (3) approaches to overcome those barriers.

Question 6: Recommend three (3) strategies that HR managers can use to evaluate the quality of market data (surveys, benchmark salary studies, etc.) that they receive from outside sources.

Reference no: EM13727748

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