What elements constitute extrinsic compensation

Assignment Help HR Management
Reference no: EM131135009

Draft a response to each of the bulleted questions below. Each question must have its own response and have a minimum of 75 words.

1. Describe your reaction to the following statement:

a. Compensation has no bearing on a company's performance.

2. What are the elements of job satisfaction (Intrinsic Compensation) described by Martocchio (2015)?

3. What elements constitute extrinsic compensation? While extrinsic compensation is important, does it provide job satisfaction?

4. Pay and benefits is only part of the equation in running a good operation. Management and the work environment make a difference. What other factors create employee job satisfaction and motivates employees to perform?

5. How does a company go about determining what constitutes competitive wage and benefits?

6. How can job evaluation and job descriptions aid business in determining salary ranges and setting starting salaries?

7. Can companies easily develop compensations that are both internally consistent and market competitive? What are some of the challenges to this goal?

8. Distinguish policies on external competitiveness from policies on internal alignment. Why is external competitiveness so important?

Reference no: EM131135009

Questions Cloud

What is the equilibrium relative price of apples : Graph the relative demand curve along with the relative supply curve.
What is the amount of net working capital : Your firm has total assets of $5,900, fixed assets of $3,500, equity of $1,300, long-term debt of $2,900, and short-term debt of $1,700. What is the amount of net working capital?
Diagnostic writing sample part : Previously you selected and read an article. By creating a detailed summary of the article you will evaluate your needs as a writer. Be sure to take notes on your article to help with this assignment. You may write these notes down by hand, type t..
Construct the world relative supply curve : Home has 1,200 units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2.
What elements constitute extrinsic compensation : Pay and benefits is only part of the equation in running a good operation. Management and the work environment make a difference. What other factors create employee job satisfaction and motivates employees to perform?
States discussion-why academic integrity important : Need ASAP! MUST BE NEW AND ORIGINAL WORK, NOT PREVIOUSLY GIVEN TO OTHER STUDENTS!!!. ALL WORK MUST BE IN APA FORMAT AND POINTS MUST BE CLEARLY COVERED.
Ideas and examples from the readings and films : 1.  Based on ideas and examples from the readings and films, how real or unreal are the social realities created by groups?  Your answer should reflect that you have read/viewed and understood especially from Asch, Weick, Ginnet, Triumph of the Wi..
Analyze the selected e-business website : Explain supply chain management (SCM) considerations and business-to-business (B2B) and business-to-consumer (B2C) models that the e-business will want to consider.
Curriculum based assessment design : Using what you've learned from Chapters Six and Eight from Lefrançois as well as other resources along the way, develop a curriculum based assessment (CBA) centered on one of your two instructional plans from Weeks Three and Four.

Reviews

Write a Review

HR Management Questions & Answers

  Misstatements and executive compensation- discuss the

misstatements and executive compensation- discuss the nature of accounting misstatements and the implications of each

  What is the rationale for health care organizations

What is the rationale for health care organizations' adoption of strategic management? Contrast management, personnel, and human resources management

  Define compensation describe all the various components of

reflect upon all the topics materials and discussions covered within the module related to the compensation. create a

  Building trust between management amp laborhow can an

building trust between management amp laborhow can an employer build trust with labor in a way that is perceived as

  Human resources and healthcare regulations on

human resources and healthcare regulations on performancehow do human resource laws or health care regulations affect

  Explain a positivenegative position about each of two

discuss a positivenegative position about each of two learning technologies in a 2 page paper using apa format.identify

  Current liabilities at end of previous annual

What are the company's total current liabilities at the end of its most recent annual reporting period? What are the company's total current liabilities at the end of the previous annual reporting period?

  Information plays in health care organizations

Understanding the role that coding information plays in health care organizations for claim generation is crucial. The process begins with the collection of information about the patient, the services provided, and the data from the encounter (inc..

  Level in the federal workplace

Consider a change that has occurred (or is occurring) at some level in the Federal workplace (this could be anything from an organizational change within your Branch or Division up to some Government-wide change initiative):

  Discuss the type of facility and the contracting situation

Discuss the type of facility and the contracting situation it is likely to have. Consider the following points in your discussion: Is the facility for-profit or nonprofit

  Identifying and discussing technology influence on society

Create a 6 - 8 slide Microsoft PowerPoint presentation identifying and discussing technology's influence on society, as well as at least three ways it has changed the way companies do business.

  Powerful drawing and drafting tools

_____ software provides powerful drawing and drafting tools that enable users to create and edit blueprints and design drawings quickly and easily. These programs allow users to create three-dimensional drawings.

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