Important component of organizations reward structure

Assignment Help Operation Management
Reference no: EM133099272

Questions

1. Many organizations are changing the focus of Human Resources, even going so far as to change the name of the function. In the middle part of last century, the term Human Resource Management started to replace the notion of the "Personnel Department". Now, the terms are being rebranded again to titles such as the following: "Vice President of People"; Head of Associate Experience, Chief Experience Officer; Chief Talent Officer or even "Chief Happiness Officer". What do these title changes say about the direction of Human Resources? Has the focus of what HR does changed or have we merely changed the wording? Provide sources to reinforce your opinion.

2. It is said that employee engagement is a critical factor in the long term success of an organization. In our readings we covered some important benefits of employee engagement. Answer the following questions:i. Why is employee engagement so important for an organization? Name some benefits to having engaged employees and provide your reasoning as to why this is important. Provide outside sources to support your choice of benefits to having engaged employees.ii. Is employee engagement important in all types of organizations or might it be more important to some than others? Explain your answer and provide reference-supported justification.iii. What is HR's role in creating and fosteringemployee engagement?

3. Determining proper compensation is an important component of an organizations' reward structure. Traditionally, compensation determination involved getting an accurate idea of a job's duties and requirements. Outline the steps needed to do this in an organization and why this is important. Make sure you use outside sources to back up yourpoints.

4. Often, when talking about the concept of "Equal Pay" critics cite statistics that indicate that women earn (approximately) $.79 for every dollar a man makes. Look into this further by looking at the concept of "adjusted" versus "unadjusted" pay gap analysis. Would that make a difference in how we look at the concept of "pay differences" between genders? Look at external sources to support your opinion.

5. Internal and external factors influence Human Resource Management. Identify and describe in complete detail three internal factors and three external factors and how they affect HR Management. Research and analysis is needed, along with academic data from sources.

6. This question has two parts.

• What do we mean by Diversity in the workplace? A complete definition is required.

• Provide an example of a company committed to Diversity. What are they doing that proves that this isan important initiative for them and, most importantly, why do they feel it is important? List the major business reasons for their choice. Use outside research to substantiate your conclusions.

Reference no: EM133099272

Questions Cloud

Digital retail sector : Present an overview of the top four digital retail companies. Discuss how innovation technology will influence the success of this new business.
Analyze the dynamics of multiparty negotiations : Analyze the dynamics of multiparty negotiations and their role in your strategy. Determine the benefits cultural conflict can bring to a multinational company.
History to codify moral precepts for universal prescription : Discussed some of the attempts throughout history to codify moral precepts for universal prescription.
Discuss importance of the new hire process : Discuss the importance of the new hire process. Does your organization strive to maximize the newcomer spirit?
Important component of organizations reward structure : Determining proper compensation is an important component of an organizations' reward structure. What do we mean by Diversity in the workplace?
Collateral can affect bond interest rate : What are the key features of one of the bonds issued by your chosen company? Discuss how the bond's terms and collateral can affect the bond's interest rate.
Difference in expected rates of return : The difference in the expected rates of return can be attributed to the two investments and might arise due to valuation and risk.
Disaster plans : List and explain the types of items a community hospital will require and seek from the SNS in the event of a disaster.
Nissan motor company-building operational resiliency : What else could Nissan have done to prepare for and respond to the disaster? What could Nissan have done to assess the risk of disruption in their supply chain?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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