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October 4, 2022

Management Effective Compensation System Question

Management Effective Compensation System Question

What are the objectives of an effective compensation system?

Discuss the reasons for past failures of a pay-for-performance (PFP) system.

Compare and contrast (3) types if individual pay for performance plans.

Which is more important, procedural or distributive justice? Why?

A computer consulting company wants to determine the market rate for jobs within the organization. Discuss the steps the company should go through and relevant factors that should be considered.

What are the differences between punishment and discipline approaches to handling employee misconduct? All things considered, which is the better approach?

Discuss/highlight some of the workers compensation laws applying to employers.

You are an HR Manager of a local manufacturing firm. You are looking to develop a safety program that will reduce/eliminate unsafe work behaviors at work. What would you include in your program?

You listened to various project presentations from your peer groups. Discuss the key learnings from one group (other than your own).

Given that employees undervalue the costs of benefits, should companies reduce benefits and simply add more direct compensation?

What was some of the key learnings for you from taking this course?

Discuss how you would use job evaluation to create internal equity. What are the pros/cons of using different job evaluation systems?

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