Imagine you have to tell one of your best employees that she will not be getting her expected bonus check this year due to financial problems in the company. What might you tell her to ensure that she will still feel satisfied with her job, even though she will be disappointed about her bonus chec
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Imagine you have to tell one of your best employees that she will not be getting her expected bonus check this year due to financial problems in the company. What might you tell her to ensure that she will still feel satisfied with her job, even though she will be disappointed about her bonus check?
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- Evidence suggests that the employees who already have the highest skill levels in an organization are the most likely to receive further training, while the lower-skilled employees most in need of training are less likely to receive it, either because those employees decline opportunities or because they are not selected to participate. Why might the situation described above happen? What criteria should be used to determine who is selected to participate in training programs? How can organizations encourage lower-skilled employees to take advantage of elective training opportunities?You are a Benefits Manager at a privately held, retail organization. In January, you were notified that health insurance premiums have increased, and as a result, changes need to be made to the existing benefit package for the next year. The owners of the company want to keep the employee contribution to health insurance the same and therefore cuts will need to come from other voluntary benefits offerings. Current voluntary benefits include Paid Time Off, Holiday Pay, Life Insurance, Long Term Disability, Dental Insurance, Tuition Reimbursement, and an Employee Assistance Program. what information and data would be good togather make an informed decision regarding the benefits that should be eliminated or reduced for the next benefit year? , assume both the Employee Assistance Program and Tuition Reimbursement benefits were eliminated. What qualitative and quantitative metrics would you recommend tracking to evaluate these actionsWhile working as a new employee at the Defense Contracting Audit Agency, you noticed that a fellow employee was studying intensely for the Financial Accounting section of the CPA test. You planned to sit for that test section in two months, and your colleague was sitting for that test section next Thursday. On Thursday evening, you phoned your friend to see how she was doing after the test. She thanked you for being considerate and told you that she was emotionally drained. Nonetheless, she then kept you on the phone for 15 minutes, telling you about the “nasty” Statement of Cash Flows and Consolidation problems she encountered. What is the ethical issue? Did either of you commit a discreditable act under the Code of Conduct?
- Explain why such a small percentage of employees would actively look for alternative jobs when they are secure in their employment. Additionally, consider employees who are informed that they might lose their job shortly. Considering that the potential job loss is not based on performance but is based rather on structural conditions of the firm, they might expect to earn more upon finding a new job. What does the endowment effect have to say regarding how the employee values the outcome of the job hunt before and after finding their new job?Compensation and Benefits Administration You just finished analyzing information for the current compensation and benefits program information. You find that some changes should be made, as the majority of employees (you have 120 employees) are unhappy with what is being offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready for some changes. Here is the current PTO offering 1+ year 7 days 5+years 10 days 10+ years 14 days. Please assist with the following questions. Definition of the compensation What four cost considerations would you take into account when revising the PTO section of your compensation plan? What four other considerations you would you take into account when developing a new PTO plan?How invested should a company be in hiring and providing benefits to their hires? Is it too demanding for certain companies to expect nothing but high standards for who they hire, or should they provide opportunities to those with different goals that don’t have certain qualities?
- Assume that an amazing job is offered to you by a campus to collect funds for the SZABIST’s sports program and you accepted that offer. You are now told to draft a fundraising letter. If you want to raise as much money as possible, would it be better if the text of that section mentioned that your business school is ranked among the best leading university in the nation in sports or that you are better than 99 percent of other businessschools at sports? Explain this behavior?All of the following are true statements about retirement EXCEPT___. A) employers face future labor shortages because older workers outnumber younger workers B) most employees who plan to work after 65 must do so for financial reasons C) most employees expect to continue working after normal retirement age D) most employees who plan to work after 65 want a part-time position E) many retirement age workers want to stay active through workingDo you support the use of job analyses? Provide a rationale for your answer and defend your position. Consistency Versus Competitiveness Which is more important, internal consistency or market competitiveness? Explain your answer. Is it possible to design a compensation plan that achieves both? Explain your answer.
- Based on your reading of Commentary on Earnings Management by Schipper (1989) answer all the following question: •Explain how earnings management from an informational perspective differs from the true income perspective.You are the training supervisor for a mid-size city. The city manager and human resource manager meet with you and ask you to design a wellness program for city employees. The city manager tells you that the city health insurance will be reduced by 20% if the city has a wellness program in place and if they can convince 50% of the employees to actively participate in the program. There are currently 250 city employees ranging in age from 19 years to 67 years old. Forty percent of the employees are female and sixty percent are male. The city manager is concerned about the health of his employees' and he is concerned about the rising cost of insurance. The human resource manager shares with you that the primary health issues for the city employees have been high blood pressure, diabetes, heart disease, obesity and depression. In the design of your program, clearly identify the problem, include a needs assessment with supporting data, discuss the strategic plan that you want to…Which conclusion is supported by the readiness to learn and trainability equation? Given the multiplicative nature of the equation, being high on two variables will not make up for a very low score on the third variable. Given the nature of the equation, having two very high scores will make up for a low score on the third. Given the nature of the equation, motivation and ability are the most important variables. Given the nature of the equation, there is little trainees or management can do to influence results.