Should the board go ahead with some sort of variable pay

Assignment Help Operation Management
Reference no: EM131126507

You are a member of the Board of Directors for a non-profit organization. A new executive director has just been hired. The previous executive director received a salary and no variable pay. Several Board members have indicated they would like the new executive director to be paid based in part on the organization’s achieving its goals. What might be some other options for variable pay for this executive? Should the Board go ahead with some sort of variable pay? Why or why not?

Because this non-profit has only 60 employees, there is not an HR person on staff. The payroll is outsourced and the administrative assistant to the executive director has handled all other HR-related issues. Although the employer requirements of the Affordable Care Act for employers with 50-99 employees have been extended until 2016, the new executive director will need to evaluate current health insurance coverage policies and determine what changes need to be made in order to comply with the employer mandate. What are the key things the new director needs to review?

Reference no: EM131126507

Questions Cloud

Tendency to decrease the span of management : Which of the following would be a factor that would have the tendency to decrease the span of management? Scalar relationships refer to the chain-of-command positioning of individuals on an organization chart.
Benefits of collaboration within supply chains internally : Explain the benefits of collaboration within supply chains internally, externally, and electronically. Compare advantages and disadvantages of partnerships in the supply chain. Determine ways of approaching implementation issues in supply chain.
Rising annual demand for products for three consecutive year : A company using an EOQ policy enjoys rising annual demand for their products for three consecutive years. Their holding cost and ordering cost remain constant during this time. Which one of the following statements is TRUE?
Medicare supplement insurance : Jennie and her uncle Jack both work for the same large company. Her uncle Jack retired last year and receives a monthly pension that was determined based on his age and years of service. Both Jennie's and her Uncle Jack's retirement plans include hea..
Should the board go ahead with some sort of variable pay : You are a member of the Board of Directors for a non-profit organization. A new executive director has just been hired. The previous executive director received a salary and no variable pay. Several Board members have indicated they would like the ne..
Conducted major study of supermarket shopping : The point-of-purchase advertising institute (POPAI) conducted a major study of supermarket shopping in four European countries. Almost 3,000 consumers age 16 or older were interviewed while shopping at a major supermarket. Respondents were first scre..
About materials requirements planning : Which of the following statements about Materials Requirements Planning (MRP) is TRUE?
Case study american water keeps data flowing : How did the implementation of a data warehouse help American Water move toward a more centralized organization? What data quality issues the company could have faced if they did not clean and organize the data?
Concerning supplier relationship process : Which one of the following statements concerning supplier relationship process is FALSE?

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