Design of employee benefits packages in large companies

Assignment Help Business Management
Reference no: EM13948955

The book being used is here - Gomez-Mejia, L. R., Balkin, D. B., & Cardy, R. L. (2010). Managing human resources (6th ed.). Upper Saddle River, NJ: Prentice Hall.

• The United States mandates only four benefits, yet U.S. employers provide many other benefits - such as health insurance, retirement benefits, and paid vacations - voluntarily. Why do so many employers provide these benefits even though they are not legally required to do so?

• Do you think a company should keep pay secret and request that all employees not disclose their pay to coworkers? Why, or why not?

• Pay-for-performance plans are based on the following assumptions below. . Do you believe these assumptions are valid? Why or Why not

1. Individual employees and work teams differ in how much they contribute to the firm- not only in what they do, but also in how well they do it.

2. The firm's overall performance depends to a large degree on the performance of individuals and groups within the firm.

3. To attract, retain, and motivate high performers and to be fair to all employees, a company needs to reward employees on the basis of their relative performance.

• How might the increasing diversity of the workforce affect the design of employee benefits packages in large companies?

• One observer argues that external equity should always be the primary concern in compensation, noting that it attracts the best employees and prevents the top performers from leaving. Do you agree?

• A customer survey for Landmark Company reports that people do not trust what sales representatives say about their firm's products. How might you use the compensation system to help change this negative image?

• What are the advantages and disadvantages of letting the team administer discipline to a team member?

• A minority of employees are actually demotivated by being given public recognition in front of their co-workers. What might be a reason why some employees feel uncomfortable being recognized in a public ceremony? Do you think that this could be an issue related to diversity in the workplace? Assuming that you are a manager and you are aware that one of your employees does not respond well to public recognition, what can you do to recognize this employee's good performance as an individual or part of a team?

• Lou Gerstner, IBM's retired CEO, founded the Teaching Commission in 2005 to improve teacher quality. Gerstner is using his corporate reputation as a charismatic CEO to help link teachers' salaries to performance. To do so, he plans to tie teachers' pay to test scores. Do you think Gerstner's proposal is a good idea?

Reference no: EM13948955

Questions Cloud

What is the cash inflow or outflow from your position : You obtain the following information concerning a stock, a call option, and a put option. What is the cash inflow or outflow from your position? What is profit or loss if the price of the stock stagnates and trades for $42 after three months? What is..
What ethical issues are presented by allison : What torts has Allison committed? What defense(s) might she assert? What ethical issues are presented by Allison's behavior? How can they be resolved?
Suppose that put options on a stock with strike prices : Suppose that put options on a stock with strike prices $45 and $55 cost $2 and $9, respectively. Use these options to create a bear spread. At what stock price at maturity will you break even? In other words, at what stock price, will you make $0 pro..
What are the time and space requirements for computing t(n) : The following recurrence equation gives the expected number of comparisons for Quicksort, given that the "pivot element" is selected uniformly at random from the list
Design of employee benefits packages in large companies : How might the increasing diversity of the workforce affect the design of employee benefits packages in large companies? One observer argues that external equity should always be the primary concern in compensation, noting that it attracts the best e..
What is the dividend yield and capital gains yield : Stephanie Enterprises has bonds that have a 9 percent coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000. The prices of the bonds are $1,070, and are callable in 5 years with a call price of $1,0..
To calculate the present value of a business : To calculate the present value of a business, the firm's free cash flows should be discounted at the firm's:
Write a class representing a line item in a shopping cart : Test the program and provide a list of comprehensive test cases used to validate the application and include these test cases in a word document containing all UML diagrams and descriptions.
What are interest and principal portions in second payment : A 15-year, $160,000 mortgage has a rate of 5.7 percent. What are the interest and principal portions in the first payment? What are the interest and principal portions in the second payment?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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