Illustrate argument using virtuous and vicious circle

Assignment Help HR Management
Reference no: EM133041554

Employees see compensation as a return in an exchange between their employers and themselves, as an entitlement for being an employee of the company, or as a reward for a job well done.

Explain the proposition that "when business strategies change, pay systems should change." Support the answer with explanation on the impact of competitive advantage.

For most employers, compensation is a major part of total reward design and often, it is the largest part of operating cost. State your argument that benefits given as part of total reward design is an essential reflection of performance. Illustrate the argument using virtuous and vicious circle concepts.

Kindly do NOT provide answers in point formsCite any reference used for your answers Gerhart, B., & Newman, J. M. (2020). Compensation (13th ed.). McGraw-Hill.

Reference no: EM133041554

Questions Cloud

Explain the small business administration : The CARES Act, signed and implemented in March, 2020, provides/provided various types of assistance to small business owners.
Explain the stages of forming : Explain the stages of Forming, Storming, Norming, and Performing in your own words.
What is the cash conversion cycle for this company : Consider the following data from a company's 95-day operating cycle: Payable days: 8. What is the cash conversion cycle for this company
Developing performance indicators for clerical : What are the steps in developing performance indicators for clerical/admin employees in a law firm (we need to define all the tasks and cascade down the job des
Illustrate argument using virtuous and vicious circle : Employees see compensation as a return in an exchange between their employers and themselves, as an entitlement for being an employee of the company, or as a re
Write a professional email back to governor davis : It is with great pleasure that I write to you to express my gratitude for all that you and your team are doing to assist our residents in the city of Cedar Lake
What is the present value : Question - What is the present value of $2,000 due in 5 years? We assume current interest rate is = 12%, compounded monthly.
Expat dilemma by boris groysberg : Read the case study The Expat Dilemma by Boris Groysberg, Nitin Nohria, and Kerry Herman and answer the following question
Calculate the inventory turnover and days in inventory : Calculate the inventory turnover and days in inventory for each company. Prepare the journal entries required for bank reconciliation

Reviews

Write a Review

HR Management Questions & Answers

  Creating applications for a change project communication

Analyzing and creating applications for a change project communication based on the change in one of your researched companies to include an analysis of a company change communication and writing an original change communication message. (2 new r..

  Human resources and changei need enough information to

human resources and changei need enough information to address each question in order to write a paper. thanks.a what

  Conflicts between coworkers-fear of layoffs

The workplace can be an especially stressful environment. Personal conflicts between coworkers, fear of layoffs, and heavy workloads can be causes of negative stress. This stress can be carried to our homes and after-work activities, impacting per..

  Analyze the pros and cons of overtime pay

For employees, collecting overtime pay is akin to getting a bonus. In many cases, continuous overtime is a signal of a managerial problem.Analyze the pros and cons of overtime pay. Be sure to include a minimum of two examples from each, the employe..

  Effects on the business that is restructured

Restructuring is a popular management technique in recent business experience within the United States. Define this term. Discuss both its positive and negative effects on the business that is restructured.

  Identify the major statutory rights workers

Identify the major statutory rights workers have in the fields of pay, leave and working time in the UK.

  Assess the components of a job portfolio

Assess the components of a job portfolio - Examine three things that you have learned in this course that will prepare you to enter the job market

  Development of compensation programs

What are some influences from outside an organization that can affect the development of compensation programs?

  Analyze the kaplan and norton score card

Analyze the Kaplan and Norton score card and show another strategic management system and how it helps corporations.

  What course of action do you advise the ceo to take

The company nurse informed you that she has lupus. You are concerned that her health may affect her driving ability. Write a memo to the CEO describing.

  Why is it important for an organization to have a mission

Why is it important for an organization to have a mission? Why is it important for team members to know their roles on a team? Is competition within a team a good or bad thing? Explain your response

  Important than external compliance with the local market

What helps subsidiaries decide whether to comply with headquarter's demand is more important than external compliance with the local market?

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