Describe in a brief essay what say-on-pay policies

Assignment Help Strategic Management

Reference no: EM132640140

Learning Objectives

Summarize the usual components of a total compensation plan and the environment of compensation practice.
Explain the direct financial compensation practices.
Discuss job structures and how they are established.
Summarize competitive pay policies: pay level and pay mix.
Explain what pay structures are and how they are created.
Review exceptions to the rules: compensation for sales representatives, contingent workers, and executives.
Chapter 10: Indirect Financial Compensation (Employee Benefits)

Learning Objectives

Define indirect financial compensation (employee benefits).
Describe legally required benefits and the various kinds.
Define discretionary benefits and explain the various types.
Explain workplace flexibility (work/life balance).
Describe customized benefit plans.
Summarize the issues of communicating information about benefit plans.
Discussion Board

Document 1

Reflection and Discussion Forum Week 5
Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

There are many contextual influences that must be taken into account when designing and implementing direct financial compensation plans, and one of them is interindustry wage or compensation differentials. Briefly, state the implications of these differentials for establishing competitive compensation programs. Then, explain the factors that contribute to the existence of interindustry wage differentials.
With a heterogeneous workforce, employers are having to be more flexible. How are employers using customized benefits plans and flextime to meet the needs of today''s employees?

[Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion].

[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]

[Your initial posting should be completed by Thursday at 11:59 p.m. EST. All peer replies must be completed by Sunday at 11:59 p.m. EST]

[Your post must be substantive and demonstrate insight gained from the course material]

Document 2

Assignment

Short Essay 5
1. Describe in a brief essay what say-on-pay policies and claw back policies are. Why do corporations implement these policies?

2. In a brief essay, discuss some of the reasons why companies chose to offer employee benefits. Also, discuss the reasons the U.S. government established particular legally required benefits.

The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to human resource management. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.

Reference no: EM132640140

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