Project #5911 - Compensation & Benefit Systems

1.  Explain Intrinsic compensation and Discretionary benefits.

2. Explain Strategic Analysis. 

3.  Explain Power distance, and the significance of an Executive Order. 

4. Explain Longevity pay and Pay-for-knowledge.

5. Explain two (2) Profit sharing plans.   

6.  Explain the concepts of Management by Objective, and Benchmarking jobs. 

7.  Explain Cafeteria plans, and Internally consistent compensation systems. 

8.  Explain Organizational context information, and its relevance to Vesting. 

9.  Explain the concept of a Mandatory bargaining subject, and its relevance to Contingent workers. 

10.  Explain the significance of Title VII of the Civil Rights Act of 1964.  What does it not include? 

11.  Define Compensation and its relationship with competitive strategies. 

12.  Chapter 1 discusses several factors that influence a company’s choice of competitive strategies and compensation tactics.  Discuss the three factors.

13.  Identify and explain the contextual influences that will pose the greatest and least challenge to companies’ competitiveness. 

14.  Chapter 3 indicates that merit pay plans appear to be the most common form of compensation in the United States.  Although widely used, they are not suitable for all jobs.  Identify and explain three types of jobs that are suitable and three that are unsuitable for merit pay plans.

15.  Critics of profit sharing plans maintain that these plans do not motivate employees to perform at higher levels.  Under what conditions are profit sharing plans not likely to motivate employees?

16.  Merit pay increases should reflect prior job performance levels and motivate employees to perform their best.  How does this relate to Equity Theory?  Explain?

17.  Describe the implications of legally required benefits for strategic compensation?

18.  Discuss the concept of whether discretionary employee benefits should be an entitlement or something earned based on job performance.

19.  Which component of compensation is most essential to motivate executives to lead companies toward competitive advantage?  Explain?

20.  What impact will flexible work schedules have on employees’ commitment to their employers, on productivity, and on company effectiveness?

Subject Business
Due By (Pacific Time) 05/15/2013 12:00 am
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