1 which do you think is more important to the firms success, Ask an Expert

Management Studies

1. Which do you think is more important to the firm's success: its compensation system is internally-consistent OR that it is market-competitive? Why? Explain throughly adn do not use previous answers.

2. Most skill-based pay has been used in manufacturing, but it could certainly be used in an office environment, where greater flexibility is needed, or in a customer service center. Think about how you might apply skill based pay in one of these settings, or in another, non-manufacturing setting.

Alternatively, most competency-based pay systems have been used with higher level professional or managerial employees. What do you think of competencies? Do they have a sound basis and should we pay people for having them? Or does it just open up a company to bias and favoritism?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93081852

Have any Question?Write your Review or question?

Related Questions in Operation Management

Now that you have identified the target regional economic

Now that you have identified the target regional economic zone (Chapter 3) and country where you would like to conduct business, your next step will be to determine the mode of entry into that foreign market. The followi ...

1 the relationship among innovation standard and industry

1. The relationship among innovation, standard and industry life cycle. What’s the importance of each one? Why they matter? 2. Discuss the characteristics of a good persuasive speech. Does the presenter in the video do a ...

Answer these common interview question1 whatrsquos your

Answer these common interview question 1. What’s your availability? 2. Who’s your mentor? 3. Tell me about a time when you disagreed with your boss. 4. How do you handle pressure? 5. What is the name of our CEO? 6. What ...

1 introduction tell the reader about millercoors ndash talk

1. (Introduction) Tell the reader about MillerCoors – talk about its history, how it began, and what the company and product looks like today . 2. What is an example of a story or news item that you encountered via socia ...

Lets imagine that you are the ceo of a large chain of

Let's imagine that you are the CEO of a large chain of grocery stores. You want to develop a pay structure for your regional managers who each oversee 10 stores. Would you look to create a system that pays based on indiv ...

When looking at understanding employee movement managers

When looking at understanding employee movement, managers want to use a method that is most likely to yield accurate results. Please explain the following tools used to predict employee movement. replacement charts and S ...

1 use the drag and drop function to put the following

1. Use the Drag and Drop function to put the following events in the order they occur in the Amazon product receiving and order fulfillment process: Put the item in a bin/tote. Once the item is in its bin in its specific ...

How might we go about maintaining a focus on service within

How might we go about maintaining a focus on service within leadership, especially when our careers begin to take off, and we taste the sweet delicacy of success? How might each of you remind yourselves to devote yoursel ...

Topic section 103 of the employment relations act era 2000

Topic: Section 103 of the Employment Relations Act (ERA) 2000 contains a provision against employees being unjustifiably dismissed. As former Chief Judge of the Employment Court Tom Goddard pointed out, dismissals may co ...

1 explain the differences between a judicial foreclosure

1. Explain the differences between a judicial foreclosure state and a non judicial foreclosure state. (b) Which is Florida? (c) Explain why the difference matters. Please be detailed and site sources. 2. What is the dang ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert