Management How can increased diversity result in higher economic performance? A company provides three months of paid parental leave for new parents both men and women, what type of compensation is this? How is this company considering diversity in their compensation? Diversity is a principal factor to HR decisions, please describe how diversity can impact different HR functions. XYZ company surveys employees every year to improve the working environment from a compensation and benefits perspective. For example, they help employees with providing college loans, they also provide more family leave for people who have kids. They also change the basic salary based on the location, in locations where rent and prices are high, they increase the salaries.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter12: Managing Human Talent
Section: Chapter Questions
Problem 1SGB
icon
Related questions
Question

Management

How can increased diversity result in higher economic performance?

A company provides three months of paid parental leave for new parents both men and women, what type of compensation is this? How is this company considering diversity in their compensation?

Diversity is a principal factor to HR decisions, please describe how diversity can impact different HR functions.

XYZ company surveys employees every year to improve the working environment from a compensation and benefits perspective. For example, they help employees with providing college loans, they also provide more family leave for people who have kids. They also change the basic salary based on the location, in locations where rent and prices are high, they increase the salaries.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub