Managing Nonmonetary Compensation Essay

You know from previous requests for time off that Jeff's grandmother is coping with a debilitating illness. Your other assistant manager, Nina Hernandez, has covered for Jeff three times in

Mr. Ramirez worked Monday thru Friday more than 40 hours per week and this does not include the time spent soliciting new customers. An employer may require a salaried employee to work beyond the standard 40 hour work week (Larios and Kleiner, 2003). Sometimes Mr. Ramirez would work at least 6 hours on a Saturday with another route sales representative going door to door soliciting for new

Therefore, PTO is a bank of days from which employees can draw for vacation, sick leave, doctor's appointments and personal days off from work. In contrast, customary leave programs allot a specified number of days for vacation and sick time. Hence, moving from a traditional leave program to a PTO system has many advantages, including reducing unscheduled absences, and the costs and productivity losses associated with them. Also, making an employer more attractive to current and potential employees, especially those who value discretionary time off; reducing administrative/compliance costs, as PTO use no longer requires validation in most instances; and empowering employees to make their own decisions regarding the amount of vacation and personal time spent away from work, which contrast with employer-controlled sick time and vacation programs (Warford, 2014).

PTO time will allow employees more flexibility when it comes to vacation time, emergencies, and even schedules events that require the individual to miss work. These twelve days will help the employee’s better plan his/ her vacation and other scheduled commitments and drastically reduce the number of unscheduled days off since all the days in one category instead of only allowing five sick days and seven vacation days. However, there will still be some days that the employees cannot request off in advance, but this policy would allow the employee a certain time period to tell the employer they cannot make it to work on a given day. By offering this type of time off structure, it will help the employer more time to plan and prepare for the staff shortage in a more efficient manner. Also, paid time off helps the employer and employee not have to differentiate what is acceptable and applicable to a holiday and sick day and it will help motivate the employees to not use a sick day unless he/ she is actually sick (Hulett, 2007). Therefore, if an employee is rarely sick, then that employee will have more vacation time to use

Sgt. Wilson and Cpl. Arreola recalled the claimant called in sick on LDW: 11/18/2015; when the claimant said he was “Too stressed out to come to work.” The claimant’s two supervisors found that the claimant’s attitude and work performance declined as soon as he was transferred to the Day Reporting Center in March 2015. They found some unexcused absenteeism is from the claimant in conjunction with the claimant’s regular day’s

Part of the contract of employment also states the amount of hours which are required by the employee per week. These hours must be met, and are put forward by the employer on a weekly rota. However, the employee is also entitled to holidays and bank holidays off work, once they have worked a certain amount of time,

In this case, Mr. Guinn has already exceeded the acceptable number of late days and in fact the other employee have been fired for fewer times of tardiness. So, he must be fired, too. Now, his manager, Ms. Hu, knows that he is in a serious situation which is his wife has cancer and he is the primary caregiver. However, the point is when his tardiness and absence happened, those were unexcused.

In addition, during the four days they have off, they may feel weak and dazed so they will not be able to work a second part-time job if wanted or be with their loved-ones. After working that many hours in such a short period of time, they would need those four days off to compensate for the hard work they just endured.

Reward Management (RM) has been defined as the distribution of monetary and non-monetary rewards to employees in an effort to align the interests of the employees, the organisation, and its shareholders (O’Neil, 1998). In addition O’Neil (1998) also suggests that a RM system can serve the purpose of attracting prospective job applicants, retaining valuable employees, motivating employees, ensuring legal requirements relating to direct and indirect rewards are not violated, assisting the company in achieving human resource and business objectives, and ultimately assisting the organisation in obtaining a competitive advantage.

Although research generally confirms that pay-for-performance plans can influence greater outcomes, it is unclear how effective different pay plans are relative to each other (Park, 2012). Like most things in business, compensation is something that requires evaluation, study, assessment, strategy, modeling and integration.  Achieving a pay for performance culture does not happen without paying attention to the behaviors, activities, rewards and motivations that have to be linked and reinforced through a well engineered and successfully executed process.  Actually if that process does not tie rewards to shareholder financial objectives, employ the proper mix of compensation elements, result in meaningful dollars, embrace performance that employees can impact and are effectively communicated and reinforced, then the results it produces will likely fall short (Vision Link Advisory Group, 2013).

Employee benefits are a tool used by businesses to attract potential applicants, improve employee satisfaction, reduce turnover and maintain competition. Benefits that most employers offer include, but are not limited to, medical and dental coverage, time away from work, retirement, and additional assistance during life changing events. The majority of employers in the United States offer benefits to their employees and include an annual enrollment yearly to select benefits and make any needed changes.

The Dooly County School System is a small organization that employs from 200 to 300 employees. These employees

Employees are entitled to take a reasonable amount of time off work for dependants, this could be to make funeral arrangements or to look after a sick child.

There is a situation that employee complaint about the flexibility of the job schedule. There is a representative said that most of the job stress happen because they couldn't take absences certified when they need it. The supervisor should rearrange the job schedule of the shifting time and offer emergency leave to the employee when they needed. The employee’s job stress will reduce when there is more flexibility in the job schedule and offer the benefit of emergency.

The management of cash is essential to the survival of any organization. Managing an organization’s financial operation requires knowledge of the economy and ways to maximize revenue. For any organization to operate on a daily basis adequate cash flow is required. Without cash management the organization will be unable to function because there is no cash readily available in case of inconsistencies in the market. Cash is also needed to keep the cycle of the company’s operations going.