Explain how companies attempt to compensate their employees

Assignment Help Business Management

Reference no: EM13216869

Billy's Bar-B-Q is looking to set up a new Texas style restaurant. However, unlike the southern locations, they have come to the realization that things like taste, work ethic, and compensation expectations are different in the north.

Compensation and/or benefits employees receive are a reflection of the companies value of the employee's worth as to that position or the duties required to accomplish the job duties. Compensation could provide motivation for an employee to perform to the best of their abilities, or simply clock in and clock out.

In framing your response, research different compensation polices from piece rate systems to hourly to salary:

Identify different compensation systems and provide the benefits and disadvantages of each.

Define Comparable Worth and explain how companies attempt to compensate their employees based on such a concept and not violate any federal legislation.

Reference no: EM13216869

Questions Cloud

Describe how supervisor should state minimum job requirement : Explain how the supervisor might communicate to his or her department (of all male employees) when a female is about to become part of the work team.

Determine the minimum required wire diameter : a large tower is to be supported by a series of steel wires.it is estimated that the load on each wire will be 11100N. determine the minimum required wire diameter assuming a factor of safety of 2 and a yield strength of 1030MPa.

Why did the united states use atomic weapons against japan : "Why did the United States use atomic weapons against Japan? Do you believe President Truman made the right decision?

Determine the magnitude and direction of the resultant : The boom OA carries a load P and is supported by two cables as shown. Knowing that the tension is 510 N in cable AB and 765 N in cable AC, determine the magnitude and direction of the resultant of the forces exerted at A by the two cables.

Explain how companies attempt to compensate their employees : Identify different compensation systems and provide the benefits and disadvantages of each. Define Comparable Worth and explain how companies attempt to compensate their employees based on such a concept and not violate any federal legislation.

What is the modulus of resilience : When the average grain diameter is increased to 3.20x10-2 mm, what is the modulus of resilience (in J/m^3) if the modulus of elasticity is known to be 134 GPa?

Federal agent vs. a state or local law enforcement officer : Discuss the difference of the role of the federal agent vs. a state or local law enforcement officer. What is the source of federal law as opposed to state/local law? Identify and explain the role of the U.S. Attorney in the federal criminal process ..

What must be its minimum yield strength : A steel alloy to be used for a spring application must have a modulus of resilience of at least 2.07 MPa (300 psi). What must be its minimum yield strength?

Compute the work done for this process : (1) I shte cooling process polytropic? If so, what is the value of n? (2) Find the final state pressure. (3) Compute the work done for this process considering the water as a closed system.

User Account

All Pages