Distributive bargaining strategy

Assignment Help Business Management
Reference no: EM133389515

You have been working as a Software Developer for five years at DigiTech Solutions. Your current annual salary is S$90,000 and you are entitled to claim fully for medical and dental up to a certain limit. You also enjoy annual and hospitalisation leave and these are governed by the Singapore government's Employment Act. Your salary did not increase much in the past five years. Per your employment contract, you were paid the 13th month bonus payment even during the COVID-19 pandemic. With your current work experience and performance, you could command a higher renumeration package of at least S$100,000. Your boss, Mr. Ang told you informally that he has given you a "exceeded expectations" rating for the recent yearly performance appraisal exercise. You are frustrated about being under-paid and worse, your management did not appear to care if you were very over-worked when you had to double-hat and do the work of a colleague who had left the company six months ago. Mr. Ang had told you earlier that the company would look for a replacement but they have not done so. When you explained your work overload situation to Mr. Ang and Mr. Boon, the HR Director, both of them did not appear interested to get a new employee to replace the one who had left.

You wonder if you should start a job search for similar IT positions in IT companies near the IT Park where you have been working. However, it may not be the best time to move to a new job during this time. There was so much uncertainty ahead due to the COVID-19 pandemic.

You would be meeting your boss Mr. Ang and Mr. Boon for a formal conclusion to the annual performance review exercise in 14 days' time. You plan to ask for an increase in your salary.

Appraise how you would use the four tactical tasks under the distributive bargaining strategy when you ask Mr. Ang and Mr. Boon for an increase in your salary. Please state any assumptions (if any) which you wish to make.

Reference no: EM133389515

Questions Cloud

Which organization and person should be returned : If we want to request to remove English Regent exams for students in New York state, which organization or person should we go to? If we want to change
How christian were the founders : how Christian were the founders? Declaration of Independence makes no reference to Christ. The Constitution makes no reference to god. Many of the tounding
Preventing discrimination in workplace : Describe an employee's responsibilities in working ethically and preventing discrimination in the workplace.
Describing the many ways in which americans sought : Discuss the decade in these terms, describing the many ways in which Americans sought to deal with this change
Distributive bargaining strategy : how you would use the four tactical tasks under the distributive bargaining strategy when you ask Mr. Ang and Mr. Boon for an increase in your salary.
Give examples that defend this perception of america : After World War I and more than 20 years of reform, Americans became much more conservative in the 1920s. In fact, Reinhold Niebuhr stated that America was
How social science perspectives addressed : How the social science perspectives addressed could be used to improve a teams effectiveness in a work place. Examples in a soccer team?
What perspectives can be missed from a narrative about : What is one of the brainstorming processes I can use to identify bias in my primary and secondary sources. How can I do it? What strategies can be successful
Expanding understanding about leadership roles : Expanding the understanding about leadership roles and broadening ways of thinking that create more value for the leader and the organization

Reviews

Write a Review

Business Management Questions & Answers

  Act in good faith and for a proper purpose

Should directors and other officers of a company exercise their duties with 'due care and diligence'? Does the 'business judgment rule' protect them

  Current authoritative business sources

Scan current authoritative business sources to locate and discuss some global factor that pertains to your chosen market domain. Why does this global factor matter, and how should a company's leadership respond?

  How do administrative agencies influence business entities

How do administrative agencies influence business entities?

  Calculate the efficient recycling ratio

How many units of recycled and virgin materials should be used? Calculate the efficient recycling ratio.

  Bank annual income from the loans

A bank lent $1.2 million for the development of three new products, with one loan each at 6%, 7%, and 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was $88,00..

  How do you calculate consumer surplus

How do you calculate consumer's surplus? What happens to consumer's surplus when the price of a commodity rises?

  Examples of organizations or businesses

Give one or two examples of organizations or businesses and briefly talk about how having a business continuity plan helped them succeed

  Financial implications of incorporation

You are planning on opening your own new business. Now, consider the structure of a corporation and the financial implications of incorporation.

  What is the highest and lowest strike price

What is the highest and lowest strike price that are IN THE MONEY? $105 and $125 $105 to $120 $125 and $135 $130 to $135 none of the above.

  Problem regarding the corkley-finn expand

Over the last 5 years, Corkley& Finn, a regional investment brokerage house, has been extremely profitable. Some of its largest deals have involved cooperation with investment brokers in other countries.

  Define common law

Define common law, and explain how it influences critical thinking and problem solving in sport management decisions.

  Illustrate which process is best for this contract

Owner Alexander Zapota hopes the contract will be extended and the volume increased next year. Zapota has developed costs for three alternatives. Illustrate w hich process is best for this contract?

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