Explain the contextual influences on compensation practices

Assignment Help Strategic Management
Reference no: EM13725237

1. Explain Strategic Analysis.

2. Explain Intrinsic Compensation and Discretionary benefits. intrinsic compensation is the employee's psychological mind set that results from performing their jobs.

Discretionary benefits are the protection programs that provide family benefits, promote health, and guard against income loss caused by such catastrophic factors as unemployment, disability, or serious illness

3. Identify the Stakeholders in the compensation arena, and explain their impact.

4. Explain the contextual influences on compensation practices.

5. Explain the Laws that guide discretionary employee benefits.

6. Explain the substance and impact of the Civil Rights Act of 1964.

7. Explain the types of Flexible Benefits Plans, include Cafeteria plans.

8. Describe the implications of compensation policies and strategic mandates.

9. Explain the concept of incentive pay, and how it differs from traditional.

10. Explain the plans that reward group behavior, include pros and cons.

11. Define Compensation and explain its relationship with competitive strategies.

12. The textbook discusses several factors that influence a company's choice of competitive strategies and compensation tactics. Discuss two factors.

13. Identify and explain the contextual influences that will pose the greatest and least challenge to companies' competitiveness.

14. The textbook discusses internally consistent compensation systems, explain the role of job analysis and evaluation in this process.

15. What impact will flexible work schedules have on employees' commitment to their employers, on productivity, and on company effectiveness?

16. Merit pay increases should reflect prior job performance levels and motivate employees to perform their best. How does this relate to Equity Theory? Explain?

17. Which component of compensation is most important for a company's competitive advantage: internal consistency or market competitiveness? Explain your answer.

18. Discuss the concept of whether discretionary employee benefits should be an entitlement or something earned based on job performance.

19. Explain and discuss some of the compensation issues to be addressed when dealing with the compensation of expatriates; and how do you best maintain a competitive advantage.

20. The textbook discusses eight challenges facing compensation professionals. Discuss and explain what you consider as the top four challenges.

Reference no: EM13725237

Questions Cloud

Calculate the ph of solution : Consider the following solutions for the next four questions I. 100.0 mL of .50 M (C2H5)3N (Kb = 4.0x10-4) II. 50.0 mL of .30 M HClO4 III. 50.0 mL of .25 M KOH IV. 100.0 mL of .50 M (C2H5)3NHI
Risk and return : ROSE wants to know how much risk she must undertake to generate a good return of her portfolio. The current risk-free return is 5%. The return of overall stock market is 16%. Use the CAPM to calculate how high the beta coefficient of rosemary's portf..
Describe capital market listing requirements for corporation : Briefly list and describe capital market listing requirements for corporations that who wish to trade on the NYSE?
Assignment of parquet definetion : What is parquet definetion and repition level.
Explain the contextual influences on compensation practices : Explain Intrinsic Compensation and Discretionary benefits. intrinsic compensation is the employee's psychological mind set that results from performing their jobs - Explain the contextual influences on compensation practices.
Calculate the ksp for m2z : The solubility of an unknown salt, M2Z, in a 0.0768 M CaZ solution is 5.6x10-10 mol/L. Calculate the Ksp for M2Z
Develop a proposal for internal : Your job is to come up with an organizational plan to create a smooth merger of the two companies. From start to finish, develop a proposal for internal use only' that explains how the company should proceed.
Time to pay off the debt : Joey realizes that he has charged too much on his credit card and has racked up $4,500 in debt. If he can pay $175 each month and the card charges 16 percent APR (compounded monthly), how long will it take him to pay off the debt?
Describe advantages of business-to-business marketing : Briefly describe the major advantages of business-to-business marketing on the Internet, A company has four choices when it comes to developing brands. Describe what they are

Reviews

Write a Review

Strategic Management Questions & Answers

  Howard raiffa article on decision analysis

T he perspective on one man's intellectual journey through the use of quantitative and qualitative analysis to assist decision makers with their decisions

  Discuss the company''s corporate strategy

Discuss the company's corporate strategy

  Managing strategic change

Managing Strategic Change

  The southwest airlines vision

How is the Southwest Airlines vision and mission statements linked to the company values?

  What is knowledge management

Critically discuss the role and importance of knowledge management in today's organisations - What is Knowledge Management

  Evaluates vision, mission, and core values of organization

Describe, in your own words, the vision, mission, and core value for the organization. You may quote them as well, with proper citation, but the quotations should not comprise more than 20% of the description provided.

  Business process perspective

Important information about Business Process Perspective

  The interpersonal relationships in the workplace important

Why are interpersonal relationships in the workplace important?

  Describe the target customer for the product

Describe the target customer for the product/service in terms of relevant characteristics that impact the marketing strategy, including location (how it should be reached) and buying habits.

  The risk assessment failure

Do you agree that adequate time needs to be spent during the risk assessment failure? Explain your answer.

  Evaluating the roles played by tourism destination

Prepare a report evaluating the roles played by tourism destination stakeholders or destination management organisations

  The bric countries in terms of developing a global business

How would you prioritize the BRIC countries in terms of developing a global business strategy?

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