Advanced as rationale underlying seniority pay

Assignment Help Operation Management

Reference no: EM131626153

Human capital theory has been advanced as a rationale underlying seniority pay. Merit pay plans appear to be the most common form of compensation in the United States. Although widely used, these systems are not suitable for all kinds of jobs. Pay-for-knowledge pay is becoming more prevalent in organizations today. However, pay-for knowledge pay programs are not always an appropriate basis for compensation. Discuss the conditions under which, and provide examples for, ideal positions for each base of pay. In your discussion also provide examples of positions which would not be a good fit for each base of pay as well. Be sure to provide your rationale.

Cite at least two outside sources as references in support of your initial response.

Reference no: EM131626153

Questions Cloud

Use balanced scorecard to make its business more efficient : How can Costco use the balanced scorecard to make its business more efficient?

The internal analysis to leading strategic planning process : What are the remedies for an internal cost disadvantage? What is the Internal analysis to leading the strategic planning process.

Uses exponential smoothing to forecast : A? check-processing center uses exponential smoothing to forecast the number of incoming checks each month.

Does the current accounting framework meet the needs of the : Does the current accounting framework meet the needs of the users of financial reports as prescribed in the objective of the Conceptual Framework of Accounting

Advanced as rationale underlying seniority pay : Human capital theory has been advanced as a rationale underlying seniority pay.

Processing center uses exponential smoothing to forecast : A? check-processing center uses exponential smoothing to forecast the number of incoming checks each month.

Basic elements of individual behavior in organizations : Search online and read about Myers-Briggs personality types. Here is a reliable source. The four key managerial functions are.

Ethical way to market to vulnerable groups : Is there an ethical way to market to vulnerable groups?

Which is not compatible with higher customization : Which is Not compatible with higher customization?

User Account

All Pages