Identify different compensation systems and provide benefits

Assignment Help Business Management
Reference no: EM13864062

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 employee's 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: EM13864062

Questions Cloud

Is the problem discussed in handy andy logistics channel : Logistics channels handle the physical flow of goods or services. Is the problem discussed in Handy Andy's logistics channel? Why or why not
How biology is related to your everyday life : Identify which biological concepts from the course and / or text are relevant to the topic covered in the article. Citing the course text, discuss the ways in which this course does (or doesn't) provide background information to help you understan..
What are the challenges of networking within an integrated : What are the challenges of networking within an integrated system?
Marketing strategies the company might employ to market : This writing assignment closes the loop on strategic marketing planning in that it identifies the types of marketing strategies the company might employ to market its offering through the value chain prior to its final customer
Identify different compensation systems and provide benefits : Identify different compensation systems and provide the benefits
Discuss the challenges that can precipitate failure : Discuss some of the challenges that can precipitate failure of the three runway system along with the runway extensions and conservationism.
Improve the behavior and attitudes of organizational members : Analyze methods used to improve the behavior and attitudes of organizational members
Developed a comprehensive risk analysis : Developed a comprehensive risk analysis of the selected countries
Write a summary one page for berkshires annual report 2008 : Write a summary one page for Berkshire's Annual Report 2008. Summaries one A4 page maximum and not a verbatim reproduction of the original of your understanding of the assigned readings.

Reviews

Write a Review

Business Management Questions & Answers

  Will the offering want to be registered with the securities

Will the offering want to be registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933? Describe

  Summarize the employment-at-will doctrine

Summarize employment-at-will doctrine and evaluate each of eight scenarios described by determining: Whether you can legally fire the employee; include an assessment of any pertinent exceptions to employment-at-will doctrine.

  What is the offer price

Randy Smith bought 180 shares of a mutual fund with a NAV of $14.85. This fund has a load charge of 6%. What is the offer price? A)$17.54 B)$15.47 C)$15.74 D)$17.45

  Expalin merging organizational cultures

What have been some of the issues associated with combining/merging the organizational cultures of Delta Air Lines and Northwest Air Lines?

  Abusive customers cause emotions to run hightelephone

abusive customers cause emotions to run hightelephone customer-service representatives have a tough time these days.

  Proprietary theory- entity theory- residual theoryexamine

proprietary theory- entity theory- residual theoryexamine the following

  Discuss moral responsibility and moral standards

Discuss moral responsibility and moral standards.

  Describe the role and function of case management

Explain the role played by managed care in case management - Describe the Role and Function of Case Management

  Evaluate the efficiency and effectiveness of the process

Evaluate the efficiency and effectiveness of the process selected based on the Hilton Hotel using the data collected. Determine areas for improvement

  Analyze the audience and state the objectives

Assume you have a meeting with a distance learning investment corporation's Chief Executive Officer and a few other high-ranking officers.

  Compare and contrast a typical salesperson''s revenue

Compare and contrast a typical salesperson's revenue based compensation plan to a compensation plan based on customer profits. 300-400 words long.

  Multidivisional structure1 explain why does a company

multidivisional structure1. explain why does a company change from a functional to a multidivisional structure?2. how

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