Examine how changing compensation environment is significant to the company for long run survival. Briefly explain your ideas 2. Select any two companies and try to compare the different types of compensation offered by the both the organizations 3. Identify and analyze
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- Pay-for-performance compensation models improve employee engagement and retention by clearly tying employee or company achievement of performance goals to tangible financial rewards. 1. What are the advantages and disadvantages if pay-for-performance compensation model will be adopted by the government? 2. Which government agency will benefit from this compensation model?Write your position regarding the importance of human capital management to achieve organizational goals and a competitive advantage. Recruitment and selectionOne of the most important jobs as a cafe manager is to recruit and select the best employees. a). Once you've attracted several potential candidates, how would you decide which one to select for your coffee shop? Identify at least three qualities or qualifications that this potential employee must have and that you consider very important for candidates for the server position.b Write five questions that you could use for the job interview of potential candidates for the position of waiter.true or false 1. To be fair, the pay differential between succeeding positions should be the same as you go up the pay structure. 2. Cost-of-living allowances are based on performance 3. Cash compensation is transactional while relational is psychological. 4. As long as a compensation plan is ethical, legally compliant and fair, it does not need to be efficient. 5. An incentive pay received in Year 2020 of P25,000 is expected to be received in Year 2021 also. 6. When you create more levels for a position, it will provide an employee a psychological feeling of promotion and mobility within an organization.
- 1)Suggest which HR function you believe to be the most importantto the overall success of the organization. Provide one example tosupport your rationale. 2)Determine the most likely function of HRMthat is sometimes challenged by line managers in health careorganizations and resulting organizational impacts of thischallenge. Justify your response. 3)From the scenario, analyze therole that line managers in health care organizations play indeveloping HRM. Provide an example to support your analysis.4)Suggest the management characteristic that is most important tobuild and maintain effective manager-employee relationships,indicating the resulting impact to the organization. Providesupport for your rationale. QUESTION TITLE :- Discussion Questions – HSA530 – Health Service Human ResourcesCompare Web sites. From their Web sites, construct a chart comparing these consulting firms' stated core values and culture and their business strategy, and highlight the services offered. 2. Critically assess whether their strategies and services are unique and/or difficult to imitate. Which one would you select (based on the Web information) to help you formulate a company's total compensation strategy? 3. Based on the Web information, which one would you prefer to work for? Why? 4. Be prepared to share this information with others in class. Result: If everyone does a great job on this exercise, you will have useful information on consultants.What is compensation? How is compensation used? What is the purpose and importance of compensation? What are the different types of compensation? Explain each type. What are the factors affecting employee compensation? How to develop a strategic compensation strategy? What is incentives and benefits administration? Discuss the advantage of incentive programs. What are the categories of employees benefits? What are the legal considerations in offering administering benefits? What are the organizational challenges associated with a benefit package?
- Soft incentives (such as free or low-cost daycare, gyms, massages, and restaurants) are increasingly being used by certain companies to attract and retain top employees. In addition to free lunch and supper, Google workers get a range of additional advantages. What are the benefits and drawbacks for both companies and workers of various forms of employee incentives? Would you be more interested in working for that firm if you knew about these intangible advantages? What is the reason behind this? Gamification is another option (the use of points, rewards, and other game-like incentives).A company’s compensation and rewards strategy is most effective when it remains in line with the organization’s overall business strategy and maximizes talent management. While human resources departments must strive to attract and retain the best workers for each position, the incentives needed to engage those workers must be balanced with the costs to the company. For this assignment, research compensation strategies, and consider general compensation programs for the position you identified in previous module assignments. Describe the base pay range and major incentives that are included in your benefits package and respond to the following: What types of rewards, both tangible and intangible, can be used to recognize and incentivize an employee in this position? Does your program include stock options, profit sharing, an employee stock ownership plan (ESOP), healthcare, etc.? Are your specified options provided for employees of all levels or just for certain positions? How…Answer the following questions: 1. What are the benefits of a salary survey can offer? Discuss. 2. How executive compensation is different from others? Explain. 3. Design / write a small case study of any topic as given in the delivery plan with 2 questions and answers.
- Answer the following after read the situation: Point out which changes are occurring in the business that affect HRM. What are some considerations the company and HR should be aware of when making changes related to this case study? What would the initial steps be to start planning for these changes? What would your role be in implementing these changes? What would Jennifer’s role be?for a company launching an effort to improve productivity, why is employee satisfaction important? what consequences could result from neglecting this issue? what measure of fairness could Sport Chalets employees apply to the company’s plans for improving productivity? from the evidence given, would you say the company treated these employees ethically? Imagine that you are an HR manager for a company that plans to conduct time and motion studies to improve productivity. suggest how you might help the company launch the program in a way that treats employees ethically. what business advantages are associated with the concern for ethics?Answer the following questions:1.The (6) best features of Human Resource Management and explain them based on your own understanding. (Maximum of 50 words). 1.It is prevalent in nature. 2.It is dyanamic. 3.It is individually- oriented. 4.It it employee-oriented. 5.It is forward-looking. 6.It is growth-oriented. 2.Based on your own understanding differentiate Personal Management and Human Resource Management (Maximum of 100 words).3.Based on your own understanding discuss the differences between Human Resource Management and Human Resource Development. (Maximum of 100 words)