Reference no: EM132710852
Discussion One: a) Discuss the benefits, challenges and tradeoffs of pay-for-performance, or merit pay. How would a pay-for-performance policy support the organization's strategic goals? What factors should be considered in evaluating the effectiveness of this practice?
b) Select three methods for conducting an evaluation of an employee's performance and discuss the advantages and disadvantages for each method. Discuss what level of employee (management, administrative, clerical, laborer, etc.) you would use each method to evaluate.
Be sure to provide the references for the sources of the information you used including the material provided in the classroom.
Discussion Two: Application
Read the Module 4 Case and scenario 1. After reviewing the module material, answer the following taken from the module:
The acting head of software development advises you that she wants to develop an effective performance appraisal system for her department. She remembers, from having taken a human resource management class as an undergraduate, that there are a number of different ways to measure performance and she wants your guidance in selecting one.
She also wants to make sure that the method chosen to measure performance fits the technical nature of the workers she supervises who work in teams. Knowing what an individualistic society the USA is, she suggests there be an individual and a team component.
a) Discuss the different alternatives that you recommend as the most effective for measuring the performance of software developers working in teams. Share at least three alternatives with the pros and cons of each alternative you suggest.
b) Answer/discuss the following: 1) What information will need to be gathered to develop the new appraisal system; 2) How you will make the performance appraisal job-related and valid; and 3) How you will mitigate the risk of rater errors when evaluating performance.
Be sure to provide the references for the sources of the information you used including the material provided in the classroom.
Make sure to also respond to two students with thoughtful comments.
|
Solve the after tax income for canada tires
: Solve the after tax income for Canada's Tires, the African assembly division, and the company as a whole if 100,000 tires are transferred at 110%
|
|
Compute the depreciation expense under straight-line method
: The machine is expected to be used for 10,000 working hours during its 4-year life. Compute the depreciation expense under straight-line method for 2019
|
|
Find what is the total unit cost
: If 20,000 units are produced, what is the total unit cost? A company which uses a job cost system completed a job and provided the information
|
|
Strategic functions and practices for strategic planning
: The fundamental principles of business, concepts of business policy, and how these can be applied to strategic functions and practices for strategic planning
|
|
Discuss the benefits and tradeoffs of pay-for-performance
: Discuss the benefits, challenges and tradeoffs of pay-for-performance, or merit pay. How would a pay-for-performance policy support the organization's.
|
|
What are methods adopted by companies to maximize revenues
: What are the methods adopted by companies to maximize revenues? Explain any five with two examples to each.
|
|
Record the journal entry for the collection of percent note
: Record the journal entry for the collection of the 7 percent note on May 3 and the dishonor of the 9 percent note on June 2
|
|
Find and compute the after-tax cost of debt
: The maturity of a bond is 12 years, coupon rate is 10.5% face value (par value) is R1000. The bond is priced to sell. Compute the after-tax cost of debt.
|
|
What an organization is by listing its three characteristics
: Explain what an organization is by listing its three characteristics?
|