Week 6 Print Benefit Plans to Meet Specific Needs In addition to compensation, organizations offer varying benefits as part of their strategy to attract and retain talent. Benefits, which are generally non-monetary compensation, actually extend the monetary pay received by employees and provide additional value to the employee. It also allows organizations to design reward…
Week 5 Print Organizational Considerations When Defining Compensation for Work Groups Once you have completed the job analysis process, you can now begin designing the appropriate pay and benefits structure for each job family. The first step is job grouping, where you group jobs into job categories, and then set pay ranges for each category.…
Week 4 Print Advantages of a Good Benefits Package The benefits package an employer offers current or potential staff can be a game-changer. Long gone are the days of simply offering staff a few weeks of paid time off (PTO), along with healthcare insurance. In today’s job market, employees are expecting much more, such as…
Week 4 Print Designing Compensation Systems Compensation is a big factor for individuals when they are seeking a job. Consider if you worked in an organization where there was a large disparity in pay among employees who did practically the same job. Or the organization was finding difficulty filling a vacancy due to compensation, while…
Week 5 Print Employee Motivation: The Unknown Employee motivation is a vital factor for all businesses. Laborers are not machines and cannot always do the same task with equal passion. When most of us think about job satisfaction and workplace motivation, you automatically think about pay. However, a recent survey across all income levels showed…
You are in charge of creating the performance measures for the company, Apple, Inc. Using this week’s resources as a reference, create an Excel spreadsheet that depicts your top three measures in each category: financial, customer, internal process, employee learning and growth. Be sure to research Apple’s vision, mission, values, and strategy. Use the…
You have just been hired by Yummy Juicy, a national corporation selling organic juices at major retail stores. You have been hired as the West Coast Distribution Manager. After about five weeks on the job, you get the following email: Sir/Ma’am, You are hurting this company. You have continued to try to force all…
Discuss what “influencing” means in regard to the balanced scorecard development process. Provide a brief example of how you would “influence” all employees in the balanced scorecard development process. 2. What are the benefits of a cascading balanced scorecard? 3. What are the potential critical flaws in business meetings and how can a leader steer…
Identify an organization that has outsourced operations to a foreign company. Present a brief description of the subject organization’s mission. Address the following questions in your discussion board post: From a systems viewpoint, what are some of the environmental (ecological and/or societal) issues involved in the outsourcing decision? Does the company have an ethical…
Write a four to five-page paper in which you reflect on your most important learning and new understanding gained regarding balanced scorecards. • Include what you might do differently in your current company or a previous company. • Alternatively, reflect on how you would use a balanced scorecard if you were the CEO of…