In an interview, it has been determined that the salary expectation is in an acceptable range. What is the next step? Select a Choice Below OptionA To make the offer as soon as the decision is made OptionB To wait for a week or two in a tight labor market OptionC To outline the details of the employment agreement OptionD To communicate the firm's budget constraints

In an interview, it has been determined that the salary expectation is in an acceptable range. What is the next step? Select a Choice Below OptionA To make the offer as soon as the decision is made OptionB To wait for a week or two in a tight labor market OptionC To outline the details of the employment agreement OptionD To communicate the firm's budget constraints

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter19: Managing Quality And Performance

Section: Chapter Questions

Problem 3EE

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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?
A. If a company needs a frequent infusion of new ideas and talent, the leaders might decide to make the strategic decision to _________ talent instead of __________ talent. B. XYZ Company staffs before positions open (before people quit or retire), so their staffing is considered ___________, while ABC company uses ___________ staffing after events have occurred (e.g., after people have quit or discrimination has become an issue). C. Organizations typically recruit when they need to fill a specific job opening, which is ___________ staffing, but when labor markets are tight and good recruits are hard to find organizations must pursue _________ staffing.
While 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?
What must follow as the next step after the candidate accepts the offer in a selection process? Select a Choice Below OptionATo provide salary research of similar positions OptionBTo send an e-mail or a formal letter outlining details of the employment agreement OptionCTo receive confirmation of the start date OptionDTo explain the career growth the company can provide
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On Monday, you have lunch with your co-workers and good friends, John and Marty. John shares with both of you that he has been interviewing with other companies and, in fact, is expecting an attractive offer from a competitor by the end of the week. He asks that you both keep it confidential, because the offer may not come in, or he may not accept it. But in all likelihood, he’s probably going to resign on Friday.On Tuesday, you have lunch with your boss, who says that the company’s financial position does not look good, and that they’re going to have to reduce overhead by cutting one (1) person on the staff by the end of the week – and the President must have the name no later than noon on Thursday. As difficult as it will be, your boss is leaning towards Marty – who you both agree has been a great employee, but perhaps the least productive of all the salespeople. He asks for your opinion on who you think is the most expendable employee on the sales team.…
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Stacey owns a pet-sitting business. People hire her to take care of their pets when they go out of town. As part of her service, Stacey also brings in her client's mail and waters their plants. Her business is booming, and she needs to make some critical decisions about its future. Help Stacey decide what to do now. Should she expand her business? Add employees? Take on a partner? List down all the advantages and disadvantages of each suggestion.
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a. Online employment services make it easy to change jobs; therefore, turnover rates may increase. This could result in total higher costs for employers because of increased costs for recruiting and training new employees, and the need to pay higher salaries and wages to attract or keep existing employees. Discuss on actions can companies do to minimize this problem.
What is the benefit of monitoring profitability frequently?* Management can see trends that could affect business decisions Management can change more for its goods Management can stop wasting money Management can keep expenses to a minimum All of the above None of the above Don't answer by pen paper and don't use chatgpt otherwise we will give dounvote