Scenario # 2: Compensation and Benefits Administration You just finished analysing 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,
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Scenario # 2: Compensation and Benefits Administration You just finished analysing 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. One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the current system of sick time and vacation time offers too few options. For example, one employee says, “I often come to work sick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to this organisation, but I receive only three days more than someone who has just started.” Here is the current PTO offering: 1+ year 7 days 5+years 10 days 10+ years 14 days. Adapted from: University of Minnesota Libraries Publishing (2016) Question 2 Instructions: This assignment should be submitted as an essay and include the following: a. Definition of compensation package. b. What four cost considerations would you take into account when revising the PTO section of your compensation plan? c. What four other considerations you would you take into account when developing a new PTO plan? d. Propose a new plan to the board of directors. The plan should be in the form of a table (spreadsheet), including PTO and other employee benefits.
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- A regional conglomerate is about to upgrade its customised accounting software System 2000(S2K)across the region. The directors of the group are eager to have the software upgraded to improve thequality of data from the information system. The new software requires reliable internet access andcan be accessed from anywhere using a Virtual Private network (VPN) connection. The followingactivities with times in weeks are under consideration.Activity ImmediatepredecessorsOptimistictimeMost likelytimeMostpessimistictimeVarianceA - 4 6 8 .4444B - 1 4.5 5 .4444C A 4.5 6.5 7 .1736D A 4 5 6 .1111E B,C 4.5 5.5 8 .3403F D 3 4 5 .1111G E,F 1 1.5 5 .4444H F,G 5 6 7 .1111You must use two decimal places at all times for expected times when they are not integer (you arenot permitted to round off to integers).(a) Draw the activity network for this problem (b) Determine the Expected Times. (c) Determine the activity schedule (ES, EF, LS, and LF) as well as slack.(d) Determine and state the critical path…Case Scenario It was another bright sunny Monday morning and as usual we had to meet to decide on our strategy for the week. After waiting for close to 30 minutes, Chairman Michael arrived in the Boardroom and apologized even before announcing his “goodie goo-goo morning” greeting. We all responded cheerfully as we were eager to have him lead the meeting. This time round, it was not the normal business. Usually, he would ask about our targets for the week and strategies for achieving them, as well as assessment of the potential risks and benefits. He informed us that the company’s Board expects new work design by considering the COVID-19 safety protocols so that inasmuch as we strive to keep safe, we do not lose focus of our company’s vision. Ghana recorded its first cases of COVID-19 in March 2020 and since then the business of government, corporate entities and other smaller businesses have been impacted significantly. Although there was a lockdown at a point and restriction of…Case ScenarioIt was another bright sunny Monday morning and as usual we had to meet to decide on our strategy for the week. After waiting for close to 30 minutes, Chairman Michael arrived in the Boardroom and apologized even before announcing his “goodie goo-goo morning” greeting. We all responded cheerfully as we were eager to have him lead the meeting. This time round, it was not the normal business. Usually, he would ask about our targets for the week and strategies for achieving them, as well as assessment of the potential risks and benefits. He informed us that the company’s Board expects new work design by considering the COVID-19 safety protocols so that inasmuch as we strive to keep safe, we do not lose focus of our company’s vision. Ghana recorded its first cases of COVID-19 in March 2020 and since then the business of government, corporate entities and other smaller businesses have been impacted significantly. Although there was a lockdown at a point and restriction of…
- Task 1 Look at the statements below and indicate the type of feasibility for each statement. A. Based on the future cost of support and maintenance, TCO will be very high. B. The network will not be ready until next year, which might be too late. C. Expensive training will be required. D. The current system is well liked and effective, and users see no need for change. E. The hardware is unreliable and will not integrate with other company systems. F. The new system will cause a workforce reduction, and employees are very concerned. G.The platform does not have capacity for future needs, and cannot be expanded. H. The project does not meet the company policy for acceptable return on investment. I. The projected benefits do not outweigh the estimated costs. J. The software will not be available until May, and that will cause an unacceptable delay. Task 2 Visit the website of a major company of your choice. Using information from the website and related articles, conduct a SWOT analysis…Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question a. Give a Definition of compensation package.Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Question: Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question a.What four cost considerations would…
- Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question: a. What four other considerations you would you…Jaronda is a member of a dance team. As a fundraiser, she and the other members of the team decide that she will use the team's money to buy flowers in bulk, sell the flowers individually to students with her school's permission, and return the team's money plus any profits she makes, What is the MOST accurate name for aronda's role? O A. project manager © B. network facilitator O C data manager O D. systems operatorTrue or false, Materials management is an integrated process for planning and controlling all necessary efforts To make certain That the quality and quantity of materials and equipment are appropriately specified in a timely manner, are obtained at a reasonable cost, and are available when needed. 2. Select the 3 significant Change In materials management in the last 10 years. Improved technology. Globalization. Emergence of many projects. Increased material costs and lead times. Decrease in focus on quality and financial standards. Abundance of materials and job space. 3. The project acquisition strategy (PAS) Articulates a project's approach to sourcing which of the following three categories.: Materials. Permits. Capital investments. Equipment. Subcontracts 4. What inputs are required for material status reporting? (Select All That Apply.) Side materials Arrival update. PO status data from order system. Contractor furnished materials data update. Project Master schedule data.…
- Scenario 2 (Go Forward Airline) A major airline had experienced a decade of rough turbulence, including two bouts of bankruptcy protection. 10 managing directors, and morale so low that employees had removed the company's logo from their uniforms because they were embarrassed to let others know where they worked. Service was terrible, and the airplanes rarely arrived or left the terminal on time. This was costing the airline significant amounts of money in passenger layovers. Managers were paralyzed by anxiety, most did not know how to set strategic goals that actually succeeded. One-fifth of all flights were losing money, and the company overall was near financial collapse (just three months from defaulting on payroll obligations). Your group and the recently hired CEO must get employees to quickly improve operational efficiency and customer service. What actions would you take to bring about these changes?Embattled Mango might have proposed rescue plan ready by the end of October -Low-cost airline Mango's first meetings as part of its business rescue process took place on Wednesday, with employee representatives and creditors being briefed on the steps ahead. Among other things, employees expect to be paid their outstanding salaries for last month. The voluntary business rescue process was approved as from 28 July, and the goal is to have a proposed rescue plan by the end of October. Rescue practitioner Sipho Sono of Opis Advisory said one meeting was with the airline's creditors and the other with unions and representatives of non-unionised employees. He said he was satisfied with the process so far. "The next steps will be setting up several meetings with the various committees established. More details will be provided as the business rescue process unfolds," said Sono. Jordan Butler, chair of the Mango Pilots' Association (MPA), said the aim is to have a proposed rescue plan by 29…In a brief summary, describe how you would divide up the personnel and money to carry out each task in the WBS.