Reference no: EM133050084

PERS 1301 Human Resources Management - Niagara College Canada

Problem 1: A major consulting firm recently launched a new "project managers' incentive plan. Basically, senior managers in the company were told to award 55 000 raises (not bonuses) to about 40 percent of the project managers in their team, based on how well they managed people on their projects and met deadlines and the number of projects each project manager was responsible for that year. No additional criteria were provided, given the wide variance in projects and teams that the consulting firm secures in a given year. What are the potential advantages and pitfalls of such an incentive program? What areas of support or concern do you think project managers might have with the incentives? What areas of support or concern do you think senior managers might have with the incentives?

Problem 2: In making strategic pay policy decisions in a company, should the HR compensation specialist favour internal or external equity in wage and salary rates among employees?

Problem 3: Recognition can take many forms. Prepare a list of some forms of recognition that would be particularly motivational for Millennial (Gen Y) employees, and explain why you have chosen them.

Problem 4: You are the HR consultant to a small business with about 40 employees. Currently, the business offers only the legal minimum number of days for vacation and paid holidays and the legally mandated benefits. Using information from the Voluntary Employer-Sponsored Benefits section in the chapter, what are three benefit choices you would offer to employees? Why?

Problem 5: What is the key difference to the employer and the employee between a defined benefit and defined contribution pension plan sponsored by the employer?

Problem 6: Based on details seen in the Employee Services section of the chapter, what are three personal or job-related services that would appeal to you as an employee? Why?

Problem 7: What are some of the potential reasons that gender-based pay discrimination is so hard to eradicate?