Define pay-for-knowledge based systems

Reference no: EM132930906

Question

1. Is it fair to factor in employee self-ratings in 360-degree performance appraisal when we know that these appraisals tend to be inflated?

2. Explain how to ensure that the performance appraisal process is carried out ethically and without violating human rights laws.

3. Explain how to handle a defensive employee in a formal appraisal discussion

4. Define Pay-for-knowledge based systems

5. What should employers do when there is a shortage of a certain type of skill and they cannot attract any workers unless they pay a market rate above the maximum of their salary range for that job? How should other jobs (without a skill shortage) in the same company in the same salary range be paid?

6. Is it ethical to provide potentially large bonuses to managers and executives on a purely discretionary basis, not necessarily related to performance?

7. Is it right that CEOs earn enormous amount of money when most employees are getting small increases each year (sometimes even less than inflation)?

8. What are the five components of Total Rewards?

9. Explain the intention of pay equity of legislation.

10. In your view, what is a key reason employee incentive plans do not succeed?

Reference no: EM132930906

Questions Cloud

Demonstrate knowledge and understanding of tools : Demonstrate knowledge and understanding of tools, approaches and techniques to support the adoption of workplace values and norms

State four major objectives of the state : 1.State four major objectives of the state. Give two examples of situations in which one or more of these objectives might conflict with each other.

Describe the leader preferred approach : Describe the leader's preferred approach or approaches and discuss how they used it effectively. Your completed assignment must adhere to the following paramete

What is the explanation for communication : 1.what is the explanation for communication in then essential need for management purpose?

Define pay-for-knowledge based systems : Define Pay-for-knowledge based systems - Explain how to handle a defensive employee in a formal appraisal discussion

Approaches of leadership and change management : Students are required to produce a reflective report (LO2/8) on varied leadership approaches taken by different leaders in managing the changes arising from a c

Businesses of government economic policy : 1.Evaluate the influences on businesses of Government economic policy. The answer should discuss the fiscal policies implemented by the government and its effec

Benefit of strategy formulation to organizations : What are some of the benefit of strategy formulation to organizations? Identify and briefly describe five benefits.

Discuss the costs and benefits of emotional labour : Discuss the costs and benefits of emotional labour in the tourism industry

User Account

All Pages