Evaluating organization current compensation philosophy

Assignment Help HR Management
Reference no: EM132022092

Question: Evaluate the current compensation philosophy for your organization or an organization of your choosing (from a third-person perspective). Write a three-to-five page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone; it should be in APA format. In addition to the introduction and conclusion, your paper should address the following:

1. Evaluate the organization's current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs of the organization and its employees.

2. Examine key factors within the internal and external environment including the mission and strategic focus of the organization, as well as the financial and cultural aspects of your organization (i.e., they cannot have a compensation philosophy where they "lead" the market if the organization does not have the financial resources) that should influence this philosophy. The proposed philosophy itself should be no more than a short paragraph.

3. Identify the key factors that should contribute to the organization's development based on your proposed organizational philosophy.

Remember to write from a third-person perspective. Do not include wording like "my company's philosophy is ..." Instead include wording like "XYZ Company Name's philosophy is ..." Remember to write about the company and the company's philosophy; do not refer to you or your connection to the company.

In addition to the text, cite at least two scholarly references to support your discussion.

Reference no: EM132022092

Questions Cloud

Calculate the price of bond that matures : Calculate the price of a bond that matures in 8 years, has a face value of $5,000,
Calculate the nominal return-real return and risk premium : Calculate the nominal return, real return, and risk premium for the following common stock investment:
How to communicate unfavorable news to employees : The topic of the training can be any subject relevant to a midlevel manager that we covered in the course, such as how to deliver real-time coaching feedback.
Develop survey on sexual harassment in the workplace : Develop and submit 2-3 page survey, including 6-8 demographic questions, you might use for sampling (collecting primary research data).
Evaluating organization current compensation philosophy : Evaluate the organization's current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs
Calculate and interpret volume variance for moving materials : Calculate and interpret the volume variance for moving materials.
Explore types of principal-agency relationships : Explore types of principal-agency relationships and determine what type of relationship exists in this case between the driver, Jose Carcamo, and the company.
What is your best guess for the rate of return on the stock : If industrial production actually grows by 6%, while the inflation rate turns out to be 9%, what is your best guess for the rate of return on the stock?
The treasury bonds pay semiannual coupons : What are the duration and convexity of this bond? The Treasury bonds pay semiannual coupons.

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