User Account

All Pages

Explain the compensation philosophies and approaches which

Assignment Help HR Management
Reference no: EM13460357

Discuss the compensation philosophies and approaches that have been used at any one organization where you have worked (no need to name the organization, though you should discuss the nature of the product or service provided). Answer the following questions related to that system:

  • Were they market based, or internal equity based?
  • Were they competency-based to help you grow and develop? Based on the use of some formal job evaluation system?
  • Was there a team performance component included?
  • How were base salaries typically set?
  • Was it a performance based system? Based on seniority? Based on across the board increases for everyone? Based on cost-of-living increases only? Based on lump-sum approaches or a bonus?
  • Did it include a variable pay component (incentive system)? A piece rate system? A profit sharing a stock ownership component?
  • Were supervisor ratings used or peer and/or self-appraisals? Were 360-degree approaches used? Or was the system based on a combination of some of these factors?
  • How were executives paid? Were their total packages based on salaries, bonuses, long-term performance-based incentives, or other benefits and perks such as a "Golden Parachute")?
  • Finally, what were the consequences of these philosophies and approaches? Do you think they helped the organization complete its strategic objectives or not? Were they consistent with Saint Leo's Core Values?

Reference no: EM13460357

Questions Cloud

Three long parallel wires are 38 cm nbsprm cm from one : three long parallel wires are 3.8 cm nbsprm cm from one another. looking along them they are at three corners of an
Using your own experience module readings internet research : technology can be a vital component of training delivery. use nbsponline library resources and your textbooks to read
Is this correlation evidence that high sat scores are the : much has been written about the relationship between students sat test scores and their familys income.nbsp generally
What do you mean by fat-soluble vitamins what are high : write a 800- to 1050-word paper in apa format that includes a title page detailed summary and separate reference page.
Explain the compensation philosophies and approaches which : discuss the compensation philosophies and approaches that have been used at any one organization where you have worked
A common misconception is that the current is used up and : a common misconception is that the current is used up and steadily declines as it progresses through a series of
Describe how your chosen two schools of thought view a : write 350- to 700-words below in which you select two of the following environmental schools of thought found among the
What neurological disease disorder or accident took place : selectnbspa well documented historical case study of an individual who experienced a neurological disorder disease or
People often use the term energy crisis implying that we : people often use the term energy crisis implying that we are running out of energy. how can this be if energy is

Reviews

Write a Review

HR Management Questions & Answers

  Description of the kind of characteristics and experience

A description of the kind of characteristics and experience that you will look for in the candidate. Be specific, include the various management functions and roles that this individual must have experience with as well as the skills they must pos..

  Discuss how emergency preparedness reduces risk

Discuss how emergency preparedness reduces risk. What best practices would you recommend related to emergency preparedness and response in corrections and Do you believe that the management of crisis or emergency situations should be regulated by ..

  Collective bargaining

The local union most often is affiliated with a national or international union and Some national unions will negotiate master agreements,

  Marketing challenges that classic airlines face

Describe What are some of the marketing challenges that classic airlines face and What product or service are airlines marketing and what is the current corporate culture?

  How does hr add value to the organizationin what ways does

how does hr add value to the organization?in what ways does hrm relate to organizational strategy? give two examples of

  Operating an international firm in an industry

Determine and Explain technology utilization and strategic Human Resources Management and examine human resource success factors associated with operating an international firm in an industry

  Explain what is workman''s compensation

What is workman's compensation and How does workman's compensation affect an employee's right to sue the employer for a work related injury

  Designing effective hrd programs

Having read about the assessing HRD needs, designing effective HRD programs, and the implementation of HRD programs, consider the three questions arise that are listed below.

  Mention at least three elements of the job which would

to provide employees a proper understanding of what their job tasks and requirements are the manager and company as a

  Hr explained in this solution

At the present time the firm offers only five days vacation, five paid holidays, and legally mandated benefits such as unemployment insurance payments.

  Explain about risk propensity

Do you believe that this will foster faster decision making by managers? Or, in opposite, do you believe that a low risk-taking personality will act with the same speed regardless of such technology

  What training and development programs help companies

What training and development programs help companies the most in a struggling economy and Give an example of how the training will help

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd