Benefits account for large share of employee compensation

Assignment Help Operation Management
Reference no: EM131146400

Although benefits account for a large share of employee compensation, many feel there is little evidence on whether an employer receives an adequate return on the benefits investment. Most organizations made cuts or alterations to benefits programs in recent years as well.

One suggestion has been to link benefits to individual, group, or organization performance.

Explain the differences in how these would work and why you would or would not recommend this strategy to an organization. What kinds of benefits would you link to each and why?

Reference no: EM131146400

Questions Cloud

Process and methods used to value privately held company : What strategic path should Jim Haris choose? What are the major issues influencing you opinion? Discuss the process and methods used to value a privately held company. Discuss the dileas, decisions and future strategic choices Harris faces.
Job analysis-selection interview and hiring decision : Relate how Competencies form the basis of the employee selection process including: job analysis, selection interview, other selection procedures, evaluation of candidates for employment, hiring decision. ?with source please.
Based on the aggregate forecast : Comfortwear Hosiery, Inc., produces men's socks at its manufacturing facility in Topeka, Kansas. The socks are stored in a warehouse near the factory prior to distribution to distribution center (DC) locations in Los Angeles, Memphis, and Dayton. Bas..
New employee orientation and socialization : New Employee Orientation and Socialization Which of the following statements about negligent hiring lawsuits against employers is accurate?
Benefits account for large share of employee compensation : Although benefits account for a large share of employee compensation, many feel there is little evidence on whether an employer receives an adequate return on the benefits investment. Most organizations made cuts or alterations to benefits programs i..
Develop an estimate of fixed electricity costs per month : Using the high-low method based on machine hours, develop an estimate of variable electricity costs per machine hour. Using the high-low method based on machine hours, develop an estimate of fixed electricity costs per month.
Job offers and job offer process : Job Offers and job offer process. Studies of job seekers graduating from hotel administration and engineering programs showed that job offers involving _____ are seen more favorably.
Calculate total annual inventory holding cost : Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each and are ordered in quantities of 1,600 units. Annual demand is 5,600 heat sinks, the annual inventory holding cost rate is $2 per unit, and t..
Employment contracts : Employment Contracts Which of the following circumstances makes it less likely an oral statement about weekend work would be legally enforceable as a contract term?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd