Pros-cons of linking incentive pay to individual performance

Assignment Help Operation Management
Reference no: EM132152805

1. Discuss individuals’ and states’ rights and restrictions to obtain abortions, with respect to considerations such as monetary assistance, the mother’s or the unborn’s gestational age, and impositions such as waiting periods and counseling requirements. What are an HCO’s rights, responsibilities, and restrictions related to the operation of a clinic providing these services?

2. With some organizations and jobs, pay is primarily wages or salaries, and with others, incentive pay is more important. For each of the following jobs, state whether you think the pay should emphasize base pay (wages and salaries) or incentive pay (bonuses, profit sharing, and so on). Give a reason for each. 2 pages, double space)

a. Accountant at a manufacturing company.

b. A salesperson for a software company.

c. A chief executive officer.

d. A physician in a health clinic

3. What are the pros and cons of linking incentive pay to individual performance? How can organizations address the negatives? (1 page, double space).

Reference no: EM132152805

Questions Cloud

Educators play part in creating positive digital citizens : Why is it important for society that educators play a part in creating positive digital citizens?
Important methods used in business overseas : Technology is one of the most important methods used in business overseas. What are some of the impacts of e-business on leadership?
What observations can you offer about movement credibility : Humanistic psychology has a rich history and tradition of arguing for the human experience as the essence of understanding human behavior.
What is the logic behind theory : Why in the HR field concerning performance appraisals do some believe appraisals are effective? What is the logic behind this theory?
Pros-cons of linking incentive pay to individual performance : What are the pros and cons of linking incentive pay to individual performance? How can organizations address the negatives?
What forms of compensations are given out in chinese : What forms of compensations are given out in chinese comapnies? Are they in form of cash, deffered cash, stocks or a combination?
Prepare a report for the board : Prepare a report for the board that either recommends the proposed changes or does not recommend the changes.
What are the four functions of management : What are the four functions of management? And what role do they play in company culture?
Develop clear recruitment : In approximately two hundred words explain why it is necessary to develop clear recruitment

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