Challenges associated with pay plans

Assignment Help HR Management

Reference no: EM1332410

Challenges Associated with Pay Plans Based on Length of Service

What are some of the challenges associated with pay plans that are based on length of service and not on performance results? How do we as HRM professionals determine the "value" (the effectiveness) of a pay strategy? From your viewpoint, what makes a pay strategy effective?

Reference no: EM1332410

Questions Cloud

Similar piece of equipment- delivered and installed : You can lease the similar piece of equipment, delivered and installed, for an all-in cost of $65,000 per year, for three years, payable at the beginning of each year.

Design a script that inputs five numbers : Write down a script that inputs five numbers and determines and outputs XHTML text that displays the number of negative numbers input, the number of positive numbers input and the number of zeros input.

Cost of forgoing cash discount : Paul Stone can get 3/15, net 65 from his suppliers. Paul would like to delay paying the suppliers as long as possible because his cash account balance is very low-An increase in current asset must be accompanied by a corresponding increase in a cur..

Explain the value to individuals of knowing the factors : Describe the value to individuals of knowing the factors that cause start-ups to fail, in less than a year after inception.

Challenges associated with pay plans : What are some of the challenges associated with pay plans that are based on length of service and not on performance results and How do we as HRM professionals determine the "value" of a pay strategy

Explain two types of computer attacks/ viruses : In order to limit the creation of malicious code, do you think that access to elements of document object model and some Javascript functionality be limited? In discussing the answer, describe two types of computer attacks/ viruses that may be ini..

Assume smith owns and works in a bakery located : Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.

Global business operations impacted by national differences : How are global business operations impacted by national and cultural differences?

What are the risks and challenges the organization faces : What are the risks and challenges the organization faces by implementing the policy you recommend and Provide an example of ways in which it is effectively or ineffectively implemented

User Account

All Pages