Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask HR Management Expert

Answer the following problems.

problem 1) prepare down the basic components of the compensation and reward system? What innovations have organizations introduced in each of these components because of the increasingly competitive business environment?

problem 2) What do you mean by incentive pay? Differentiate between individual incentives; team based incentives, and organizational incentives?

problem 3) Under what situations is it suitable to link individual payment to team performance? prepare down the advantages and disadvantages of team based rewards?

problem 4) ’Recognition is the most reliable of all rewards’ describe the statement in detail. Identify two or three ways organizations generally use to recognize and reward employees through non financial means.

problem 5) Compare performance related pay, skill based pay, and competency based pay. What steps must be followed in designing a competency based pay system? What steps must be followed in designing a competency based pay system?

problem 6) Do you think that compensation and reward strategy of the high technology firm will be different from that of the emerging fast growth firm? Why? Specify your answer giving exs from organizations you are familiar with

problem 7) What do you mean by merit –pay? How is it different from Variable-pay? What are the major advantages and disadvantages of following two forms of pay-for performance. 1) one-off bonus payment and 2) salary increments linked to high performance? Which of the two, in your opinion has a higher motivational value for an employee? Describe your answer with appropriate exs.

HR Management, Management Studies

  • Category:- HR Management
  • Reference No.:- M97994

Have any Question? 


Related Questions in HR Management

Read the followingmarkoff j 2011 october 5 apples visionary

Read the following: Markoff, J. (2011, October 5). Apple's visionary redefined digital age. New York Times. http://www.nytimes.com/2011/10/06/business/steve-jobs-of-apple-dies-at-56.html?_r=moc.semityn.www&adxnnl=1&ref=a ...

Managing recruitment and selectionthe recruitment and

Managing recruitment and selection The recruitment and selection process is often challenging, as it can be expensive and time-consuming for health care organizations. Administrators are frequently under pressure to quic ...

Using the internet select and research an employment law

Using the Internet, select and research an employment law case no greater than five (5) years old. Write a three to four (3-4) page brief in which you: Summarize the issue of the case, and then explain the employment law ...

Your goal this module is to identify how culture is

Your goal this module is to identify how culture is transmitted. For this, you will first investigate your family history to see how culture is transmitted at the micro-level. Next, you will apply your findings to strate ...

Strategy for managing diversitywritenbspa 350- to

Strategy for Managing Diversity Write  a 350- to 700-word Microsoft ®  Word   paper written in the third person voice in which you analyze and discuss the following: Should managers promote open discussion of stereotypes ...

For the essay you will explain organizational learning

For the Essay, you will explain organizational learning techniques for today's HR professionals and how they enhance training and development. Within your essay, address the following points: Describe competency models, ...

Assignmentyour rough draft should include a cover page 5 -

Assignment Your rough draft should include a cover page, 5 - 7 pages of writing in the body of the paper, and a reference page. The paper should demonstrate a strong overview of the use of technology in your selected are ...

Assignmentfor this modules project component submit the

Assignment: For this module's project component, submit the rough draft of your project to your course faculty member for graded feedback. Remember that although this is still a draft of your project you should ensure th ...

Now that you understand basic search techniques and the

Now that you understand basic search techniques and the differences between personal and scholarly research, it's time to try out what you've learned. For this assignment, select a topic that you might want to use for a ...

Based on your experience as a consumer please identify what

Based on your experience as a consumer, please identify what you would consider to be a successful marketing strategy and contrast this with an unsuccessful marketing strategy. Explain your choices. What critical success ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro