Describe how the compensation system

Assignment Help HR Management

Reference no: EM133292643

Associated Project Objectives:

* Identify the problems that can be caused by an ineffective compensation system.
* Describe how the compensation system and other structural and strategic variables intertwine.
The following information should be addressed in your Part 1 Report:
* What are the specific problems/issues at Kapote Outerwear (what are the problems being faced by the organization)? Provide an explanation and insights as to why the problems exist.
* Consider the structural variables (Hint: Compensation Notebook 2.1). By examining each of the structural variables what do you learn about the current managerial strategy? Specifically state the managerial strategy you believe is being used at Kapote Outerwear. Is it appropriate? Why?
* Consider the contextual variables within which the company operates (Hint: Refer to Compensation Notebook 2.2). By examining the contextual variables within which Kapote operates, what do you learn?
* If you think a different managerial strategy is required - explain what you recommend and why?
* How might this change in managerial strategy change the current structure of the organization, if at all?
* Answer the question: "Does alignment exist between the organization's current managerial strategy and the organization's structural and contextual variables? How do you know? What challenges does it cause?" (Hints: What do the structural variables indicate about the managerial strategy of the organization; what do the contextual variables indicate - this is what will tell you if alignment exists; what impact does any misalignment have on the business from compensation and rewards perspectives?).
* Assess the current reward systems that are causing the problems at the company - identify them and discuss why they are issues.
TIPS: Other items that will be assessed:
* Report details must support the topic (do not ramble)
* Draw clear conclusions that support your findings
* Grammar and spelling
Use headings to keep your explanations organized. Suggested headings are below:
Suggested Headings: ?Current Organizational Problems ?Examination of Structural Variables ?Examination of Contextual Variables ?Managerial Strategy ?Reward Problems

Reference no: EM133292643

Questions Cloud

What is the networking process : What are the underlying ethical issues surrounding women's networking and mentorship? Ethics refers to the moral standard of right and wrong behavior

What extent does this employer met the employment standard : HRPD 706 Centennial College what extent does this employer met the employment standard requirements of the AODA? Explain your answer

How can hiring people with lots of experience be dangerous : MGT 7640 Wayne State University How can hiring people with lots of experience be dangerous to a company

How can you ensure you are generating a diverse : After reviewing Google's online guidance to managers on recruiting, post your observations on what made the difference for Jet Blue's screening process

Describe how the compensation system : HRM 3490 York University Describe how the compensation system and other structural and strategic variables intertwine and Identify the problems that can

What are aspects of a service industry supply chain : What are two important aspects of a service industry supply chain that indicate the quality of service? Briefly explain.

Research the tuckmans 5 stages of team development : Reflection paper is to "make meaning" of what you learned about leading teams, being an ideal team member, Tuckman's 5 stages of team development.

Why EHRs are useful for monitoring : Why EHRs are useful for monitoring and preventing adverse drug events (ADEs) and What are the benefits of using EHRs for analyzing comparative effectiveness

How can occupational diseases affect the workplace : HRM 403 University College of the Caribbean health and increases awareness about the harmful effects of work. How can occupational diseases affect the workplace

User Account

All Pages