User Account

All Pages

Idea of market median pay

Assignment Help HR Management
Reference no: EM132963131

Many employers use a market based pay philosophy to build and maintain their compensation programs. In other words, "the market", which is other employers with similar positions and/or that are competing for job applicants/employee, influences internal pay structures.
Using your own employer (or one of your choosing) as an example, enter Forum 1.2 and create an argument for or against the idea of Market Median pay as the basis for a compensation plan.
Be sure to provide background information regarding jobs specific to the employer group and how those jobs are impacted by the local employment pool.

Reference no: EM132963131

Questions Cloud

What is the total revenue at the break-even point : What is the total revenue at the break-even point? A manufacturing company has to produce and sell 226 items every month to break even.
Evaluate the pros and cons of alternative : You are the international manager of a U.S. business that has just developed a revolutionary new personal computer that can perform the same functions as existi
Evaluate the different models of an integrated library : Critically evaluate the different models of an integrated library automated system.
Research the various compensation laws and regulations : Research the various compensation laws and regulations that directly impact employee wages as well as any that apply to "compensable time".
Idea of market median pay : Many employers use a market based pay philosophy to build and maintain their compensation programs. In other words, "the market", which is other employers with
Use afn equation to forecast broussard additional funds need : The after-tax profit margin is forecasted, Use the AFN equation to forecast Broussard's additional funds needed for the coming year.
Prepare a 360 degree performance appraisal : Prepare a 360 degree performance appraisal for an Assistant-Manager of a restaurant. Make sure to cover the following:
What is the synergy from the merger : The forecasts of Firm A show that the purchase would increase its annual after-tax cash flow by $390,000 indefinitely. What is the synergy from the merger
Solve the material price variance and material quantity : Calculate the material price variance and the material quantity variance related to the M640 electrical relay. At Richetti, the standards price for the M640.

Reviews

Write a Review

HR Management Questions & Answers

  Significantly influenced affirmative action

Explain four of these laws that have been significance and Please submit in a word document. original work only. Please include references.

  Group cohesion refers to the attraction that group members

Group cohesion refers to the attraction that group members have to their group and its members.

  Create a strategy for ensuring the geico plan

Evaluate the effectiveness of the communication of Geico's total rewards program based upon the Website's descriptions of the benefits.

  What is your ideology of leadership

What is your ideology of leadership and how do you intend to use your beliefs and values to create and sustain change in your organization?

  The needs of accountable care organizations

Predict what issues the supervisor might experience when dealing with a Union for the community hospital. How might an arbitrator be helpful?

  Compare and contrast two learning theories

Acceptance of Religion and Orientation Fig Technologies has identified concerns at several of their offices globally.

  Evaluating coaching model and team-based performance

For this assignment, consider the organization where you currently work or an organization where you may have worked in the past as a point of reference.

  Address discrimination and disrespect

How Important is respect to you and What is the best time to address discrimination and disrespect

  How technology application can provide data and reporting

How the technology application can provide data and reporting on the activities you have specified and to whom (e.g. internal customers) this data can be access

  Explanation of possible consequences

Explain in detail and support your conclusion with analysis of potential legal liability, suggested revisions, and explanation of possible consequences.

  Human resource story problem with appropriate explanation

Fresh Munchables is a mid-sized but steadily growing food-processing company founded in 1967. Since its inception, the company has been committed to providing o

  Globalization and outsourcingthere are pros and cons of

globalization and outsourcingthere are pros and cons of globalization and outsourcing. how might a business capture

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd