What are the differences and similarities about person-focused pay and job-based pay.
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What are the differences and similarities about person-focused pay and job-based pay.
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- Describe, What are the potential ethical implications of certain compensation practices, such as performance-based pay or incentive structures?what are the potential ethical implications of certain compensation practices, such as performance-based pay or incentive structures?enumerate... Under what conditions, employee participation in pay -related decisions can contribute to the success of an incentive pay plan?
- What are the types of pay systems that have low-motivation potential but provide equal increases to all employees regardless of performance?Describe what are the benefits and drawbacks of time based pay plans ?Please answer the following: 1. What is job analysis? What legal issues the does company need to consider when it does job analysis? 2. Describe Person-focused pay plans. What are advatanges and disadvantages of Person-focused pay plans.
- Discuss the various methods by which job analysis can be completed. Compare and contrast these methods noting the pros and cons of each.Discuss with the business 3 job evaluation methods utilized to determine compensation strategy. Include advantages and disadvantages of each method.What are the implications of implementing non-monetary forms of recognition and rewards as part of compensation packages?
- explain , what are the implications of implementing non-monetary forms of recognition and rewards as part of compensation packages?What are some potential problems with closely tying employee pay to company performance?Select an HRIS and discuss the ways that this system could be utilized to manage compensation and benefits.