Consistency of the company compensation system

Assignment Help HR Management
Reference no: EM132808328

You have recently been hired as the HR manager of a small furniture manufacturing company that has 63 employees. These employees include everyone from line workers to upper management. You are the first HR person the company has had. One of your first assignments was to evaluate the fairness of the company's current compensation system.

Based on your evaluation, you have discovered a number of inconsistencies:

-Some line workers earn more than managers.

-Some managers earn twice as much as other managers even though the work is similar.

-Some line workers are making significantly more money than others even though they are performing the same work.

What recommendations would you make to improve the consistency of the company's compensation system?

Reference no: EM132808328

Questions Cloud

Explain the revenue recognition principle : Explain the revenue recognition principle. Also, please research and post an example of a publicly held company's notes regarding their application
What are the journal entries for love conquers all company : Love conquers all owes P200, 000 plus P18, 000. What are the journal entries for Love conquers all company to record the debt settlement.
Developing policies and procedures for the employee code : As a leader of a health care organization, you are tasked with developing policies and procedures for the Employee Code of Conduct. The current policy
Gene therapy and cloning : Briefly describe the process of cloning in the lab incorporating facts from the textbook.
Consistency of the company compensation system : What recommendations would you make to improve the consistency of the company's compensation system?
Understanding dna : You read about DNA and its role in producing our individual characteristics. Demonstrate that you understand the physical structure of DNA,
Examples of us laws with extraterritorial intent : These are laws that apply beyond the sovereign territory of the nation that enacted them
Underlying philosophy of the business : Do you survive at any cost even if you need to change the underlying philosophy of the business? Using information from your chapter readings on planning
What amount of deferred income tax asset or liability : What amount of deferred income tax asset? Calculate income tax payable for 2018 and 2019 and prepare the journal entry to record income taxes for 2018 and 2019.

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

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