Identify different compensation systems and provide benefits

Assignment Help Business Management
Reference no: EM13864062

Billy's Bar-B-Q is looking to set up a new Texas style restaurant. However, unlike the southern locations, they have come to the realization that things like taste, work ethic, and compensation expectations are different in the north.

Compensation and/or benefits employee's receive are a reflection of the companies value of the employee's worth as to that position or the duties required to accomplish the job duties.

Compensation could provide motivation for an employee to perform to the best of their abilities, or simply clock in and clock out.

In framing your response, research different compensation polices from piece rate systems to hourly to salary:

Identify different compensation systems and provide the benefits and disadvantages of each.

Define Comparable Worth and explain how companies attempt to compensate their employees based on such a concept and not violate any federal legislation.

Reference no: EM13864062

Questions Cloud

Is the problem discussed in handy andy logistics channel : Logistics channels handle the physical flow of goods or services. Is the problem discussed in Handy Andy's logistics channel? Why or why not
How biology is related to your everyday life : Identify which biological concepts from the course and / or text are relevant to the topic covered in the article. Citing the course text, discuss the ways in which this course does (or doesn't) provide background information to help you understan..
What are the challenges of networking within an integrated : What are the challenges of networking within an integrated system?
Marketing strategies the company might employ to market : This writing assignment closes the loop on strategic marketing planning in that it identifies the types of marketing strategies the company might employ to market its offering through the value chain prior to its final customer
Identify different compensation systems and provide benefits : Identify different compensation systems and provide the benefits
Discuss the challenges that can precipitate failure : Discuss some of the challenges that can precipitate failure of the three runway system along with the runway extensions and conservationism.
Improve the behavior and attitudes of organizational members : Analyze methods used to improve the behavior and attitudes of organizational members
Developed a comprehensive risk analysis : Developed a comprehensive risk analysis of the selected countries
Write a summary one page for berkshires annual report 2008 : Write a summary one page for Berkshire's Annual Report 2008. Summaries one A4 page maximum and not a verbatim reproduction of the original of your understanding of the assigned readings.

Reviews

Write a Review

Business Management Questions & Answers

  Explain what is goodwill at work

Goodwill at Work - Explain what is goodwill at work and What are some examples of goodwill where you work

  Tube of toothpaste attached to the handle

‘Tyler Simms just invested a new product that he is convinced is unique and will make him wealthy. The finished goods is a toothbrush with a tube of toothpaste attached to the handle.

  Aggregate demand for company

Aggregate demand for company over next 8 months as follows, where each quantity is measured in cartons. Calculate the  total cost of plan A and B.

  Adjusting workflow - intercultural managementwhat is meant

adjusting workflow - intercultural managementwhat is meant by the need to adjust to the flow of the workday?how does

  Networking and collaboration allow people to telecommute

Networking and collaboration allow people to telecommute, and several studies and anecdotal reports show that telecommuters often are more productive than in-house staff and they tend to be more satisfied with their jobs.

  Value of case study analysisexplain what is the value of

value of case study analysisexplain what is the value of case study analysis? how do results from a case study analysis

  Aware of the purchase requirements

How purchasing department becomes aware of the purchase requirements

  Balancing power between stakeholdersexplain why is it

balancing power between stakeholdersexplain why is it important to maintain a balance of power between different groups

  Define the quality control

In order to monitor this process, the quality-control manager randomly selects a spinning machine each hour and checks the number of breaks during a 15-minute period.

  Show ges renovation capabilities

Describe how the company has bundled its technology resources to contribute to competitive advantage in its businesses.

  The advantages and disadvantages of using part time workers

Discuss the advantages and disadvantages of using part-time workers, subcontracting work, and building up inventory as strategies for meeting demand.

  Think modern companies should follow today

What general business principles do you think modern companies should follow today? Explain your thoughts

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!

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