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The most effective compensation strategy is one that develops a clear link between the following components: Job Description (i.e., work that an employee is expected to perform). Performance Evaluation (i.e., work that the employee has performed). External Salary Survey and Internal Salary Comparison (i.e., pay provided to each employee). Examine the interrelationship between these three components by describing the purpose of each component and how it affects the others. Then explain how all three components would be used to determine the compensation for an employee. Your examination should include a salary evaluation for a position you are familiar with (Administrative Assistant, Human Resource Manager, Maintenance Worker, etc). The salary evaluation should give results for each of the three components and detail how pay is finally determined for this position based on the three components. Example of the salary evaluation portion of your analysis: Purchasing Manager. Primary functions from the Job Description: To plan, direct, and coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products and services. Organizational performance evaluation system: Outstanding – 6% Increase Exceeds expectations – 4% Increase Meets expectations – 2% Increase Does not meet expectations – No Increase External Salary Survey: (salary survey, which you can typically obtain online) Monthly salary range at $4,300 - $5,200. Internal Salary Comparison: (the relationship of this position to similar positions in your organization) Position is similar to Accounting Manager, and should be paid within the same monthly salary range of $4,400 - $4,900. Submit your analysis in a two- to three-page paper formatted to proper APA 6th Edition specifications. Include a minimum of two scholarly references to support your analysis
Classify and Analyze Data- Examine the fields in the spreadsheet. Classify, sort, or group the data in a way that the outliers become apparent
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how does a CMO view Global Markets? Are global markets a "fact of life" for today's CMOs, product/brand managers?
Which of the following leadership theories focuses on the personal relationships that leaders develop with followers?
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Which of the HR management challenges has had the greatest effect on your workplace and what is being done to address it? It can be a past workplace or a friend or family member's workplace that you are familiar with. Explain how the challenge applie..
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The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these 4 weeks
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Reducing Virtual Team Failure Discuss the actions a virtual team leader can take to reduce the possibility of team failure. Support your choices of actions with an appropriate rationale and cite references to support your answer.
According to federal requirements, there must be at least 40 units of nutrient A and 60 units of nutrient B in a package of the new mix. In addition, the company has decided that there can be no more than 12 liver- flavored biscuits in a package. If ..
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