Explain the reasons for the change

Assignment Help Operation Management

Reference no: EM133468918

Homework: Business Finance- Operations Management Person-Focused Pay Structures

Length: 4 pages.

Overview

Person-focused pay programs are not really new. Various early forms of these programs appeared in the 1980s. Organizational adoption was slow partly because they can very quickly drive labor costs up. Why is this changing? Explain the reasons for this change. Consider Susan Jackson's situation. Susan is a young professional in her 8th year of her technological manufacturing career since graduating from college. She is frustrated by the lack of opportunity to showcase her talent and skillset. Susan feels like she has so much more to offer than is asked of her. Consequently, she is once again on the job market. If she succeeds in her search, Susan will join her third organization in 8 years. Explain why a job with a person-focused pay program might help alleviate her frustration. Finally, what are the potential advantages and disadvantages of these programs for the organization? For the employee?

The specific requirements are as follows:

1. As a graduate student, the expectation is quite high for your required quality and effort. Your work must be written near the standard and quality of journals and other published materials.

2. Cover page, abstract, reference page, and appendices do not count toward the minimum page length requirement.

3. At least 5 scholarly sources are required.

4. Use the current APA manual to ensure that you correctly cite your sources andquotations.

5. The use of sources such as Wikipedia, Investopedia, blogs, personal, consulting or corporate websites are discouraged and will not count toward the required 5 references.

6. Use of term paper or solutions-type websites is not allowed and will be treated according to the terms of academic honesty requirements.

7. Do not write in question/answer format.

Reference no: EM133468918

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