Uses job evaluations to establish the value of jobs

Assignment Help Operation Management

Reference no: EM132076483

1. Ramon Inc., a software company, uses job evaluations to establish the value of its jobs in terms of criteria such as their difficulty and their importance to the organization. The company then compares the evaluation points awarded to each job with the pay for each job. If jobs have the same number of evaluation points, but are not paid equally, the pay of the lower-paid job is raised. Based on the scenario, identify the policy adopted by the company.

comparable-worth policy

minimum wage policy

average pay policy

merit pay policy

piecework rate policy

2. When Greater Aircraft acquired Middling Aircraft, the executives of the two companies identified key employees they needed for the combined companies' success. One of them was Michael, the vice president of engineering. The executives offered Michael a one-time bonus of $25,000 if he stayed with Greater Middling for 12 months following the acquisition. In this scenario, Michael's the $25,000 represents _____.

a commission

a retention bonus

stock options

merit pay

a differential piece rate

Reference no: EM132076483

Questions Cloud

Solve the equations for optimum points : A firm is specialized in building and selling family homes. what is the optimum point. solve the equations for optimum points.

Your analysis of how human resource roles are changing : What is your analysis of how Human Resource roles are changing?

How they differ in their impact on performance : What are the differences between differentiation strategy and cost leadership and how they differ in their impact on performance?

Explains builder bob recruiting practices in china : When Builder Bob Enterprises, a maker of construction equipment, Which statement best explains Builder Bob's recruiting practices in China?

Uses job evaluations to establish the value of jobs : uses job evaluations to establish the value of its jobs in terms of criteria such as their difficulty and their importance to the organization.

Evaluation of the effectiveness of this firm strategy : Your analysis/evaluation of the effectiveness of this firm’s strategy and actions with respect to this topic.

Quantity be in order to minimize the average annual cost : What should the order quantity be in order to minimize the average annual cost? Also, show the minimal average annual cost.

When would on the job training be effective : When would on the job training be effective? When would it not be effective?

What is level of competitive rivalry in today environment : What is the level of competitive rivalry in today's environment (circle one)? What will be the level of competitive rivalry in 3-5 years (circle one)?

User Account

All Pages