User Account

All Pages

Impact organization compensation strategy

Assignment Help Business Management
Reference no: EM132923264

Write an essay explaining your new compensation strategy for the mid-level manager position you still need to fill. Your audience is the chief executive officer (CEO) and other supervisors in your organization. In this essay, include the items listed below.

- After a brief introduction, explain how equal employment opportunity laws impact the organization's compensation strategy.

- Compare and contrast the advantages and disadvantages of pay-for-performance and competency-based pay. What strategy would you recommend for your organization, and why?

- Explain how various motivational theories can factor into your development of a multi-generational compensation package for your whole organization that includes indirect benefits. Be sure to give specific examples of how different generations of applicants or employees will be affected.

- Explain your proposed compensation package, which should include direct and indirect benefits and how the package will affect hiring and retention. Be sure to specifically identify how much you will pay the mid-level managers, and indicate how it compares to your state and the federal minimum wage. You can search the Internet for sites that list comparable pay data. You should identify a low, medium, and high pay range for the mid-level manager.

- Explain how you will assess the effectiveness of the compensation strategy a year from now.

Reference no: EM132923264

Questions Cloud

Discuss diversity as exhibited in organizational structure : Discuss diversity as it is exhibited in the organizational structure through the mission, vision, and goals of the identified organization.
Is financial vice president acting improperly or immorally : Is the financial vice president acting improperly or immorally? Who might be affected by the decision against early implementation
Discussion on which is more detrimental to firm : Discussion on Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low?
What is the amount of purchases budgeted for January : Inventory at the end of December is $21,600 and target ending inventory levels are 20% of next month's sales, stated at cost. What is the amount of purchases
Impact organization compensation strategy : After a brief introduction, explain how equal employment opportunity laws impact the organization's compensation strategy.
Determine a reversal of impairment loss can be recognised : The value in use of the trucks would be $700,000 at that date. Determine a reversal of impairment loss can be recognised
Features of word to use in everyday life : How will you put the features of Word to use in your everyday life?
Disruptive changes involve evolution in technology : Disruptive changes involve an evolution in technology from the effect of the printing press,
What is the cost of goods sold to be reported : All of the inventory had been sold by year-end. What is the cost of goods sold to be reported in the 2013 combined statement of comprehensive income

Reviews

Write a Review

Business Management Questions & Answers

  Describe the level of service from a recent sit-down

describe the level of service from a recent sit-down dinnerdescribe the level of service you received during a recent

  Describe the core values of the organization

Describe the core values of the organization. Why are these specific values important to the organization? Describe the benefits and purpose for an organizational vision statement

  Activities that a multi-function printer can perform

As an output device and the most demanding out put for computer work, printers have been advancing technologically to the latest known as a multi-function print

  Model for structuring the corporate communications

Describe and analyze at least one model for structuring the corporate communications function used by today's multinational organizations.

  Range of mutually beneficial agreements

What is the range of mutually beneficial agreements that the parties might negotiate in an out-of-court settlement?

  Describe the structure of radio

Describe the structure of radio, how it is organized, its use as an advertising medium, its audience, and its advantages and disadvantages

  Remedy the situation of strategic drift

Can you please explain to me when strategic drift occurs, its effects on organisational strategy and what an organisation should do to remedy the situation of s

  Explain the importance of organizing

Explain the importance of organizing and evaluating healthcare data in a healthcare setting?

  How stewardship is related to change management

In your opinion, how stewardship is related to change management, As a leader, what is the most important item to steward during change?

  External economies of scale and international location

Based on this week's lesson - External Economies of Scale and International Location of Production, you are required to share and discuss your point of view bas

  Business so important to the economy

What drives people to take the entrepreneurial challenge give the involved? #2 What makes small business so important to the economy?

  Implementation of occupational safety and health standards

Provide and describe one example of how Americans with Disabilities Act (ADA) standards affect the implementation of occupational safety and health standards. Provide the applicable standard(s) for your example.

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