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Instructions for Compensation College Essay Examples

Title: Compensation Practices

Total Pages: 2 Words: 547 Sources: 0 Citation Style: APA Document Type: Essay

Essay Instructions: Compensation Practices
Case Study

Employee compensation is important to the employer and employee alike. Agreeing to a competitive and equitable salary for one employee may mean a lower salary but outstanding health benefits, and a moderate salary with a liberal tuition reimbursement plan for anther. As the HR manager, you should be aware of the wide range of employee compensation and rewards in addition to the compensation practices in effect in your market area.

In addition to developing the optimum compensation strategy for a company, an HR manager must be knowledgeable about the laws (both federal and state) that govern how employers pay their employees.

Scenarios
CST Publications is a fledgling print-on-demand book publisher located in the Pacific Northwest, just inside the Oregon border. It currently employs 32 people, including editors, marketing staff, IT, and office support staff. The business has been growing and you have been hired as the HR manager. Susan Compton, the company's CEO, has asked you to review CST's current compensation practices to ensure compliance with federal and state laws. Research the following issues and summarize your findings in a report to Ms. Compton.

1. Some of CST's employees are classified as exempt and others as nonexempt. Find out what these terms mean and how the decision about how the employee is categorized is made. According to the guidelines, are your marketing associates, who are paid on a commission basis, considered exempt or nonexempt employees?

2. Many of CST's employees work part time. The graphic design staff especially is made up of friends of Ms. Compton who have worked with her on a part-time, informal basis. Many of the designers have other full-time jobs. Conduct research to determine the laws and regulations affecting part-time employees.

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Title: extrinsic and intrinsic pay programs

Total Pages: 6 Words: 1704 References: 4 Citation Style: MLA Document Type: Research Paper

Essay Instructions: Compensation is considered as one of the most controversial aspects of human resource management. Designing a program must address a myriad of factors, including the industry, strategic planning, compensation philosophy, and recruitment/retention strategies to name a few while skillfully balancing both extrinsic and intrinsic factors. In today's workforce the changing generational workforce is a highly prominent consideration.

4 Analyze Extrinsic and Intrinsic Compensation
Describe in detail how differing organizations would use differing blends of extrinsic and intrinsic compensation and benefits strategies to maximize organizational potential and meet the needs of their workforce.
Support your conclusions with references from at least three peer reviewed journal articles that are no less than 5 years old and additional research articles.

Excerpt From Essay:

Essay Instructions: Compensation and Benefits research paper. I am currently retired from the military after 24 years and I was an Aviation Machinist Mate (Aircraft engne mechanic). The paper can focus on an entry level aviation job in Virginia or Banking.

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Essay Instructions: Compensation and Performance Evaluation at Arrow Electronics

Harvard Business School ? 9-800-290 (Attached)

WRITE PAPER - 2,500 WORDS

Evaluation Criteria: Evidence of critical evaluation in analyses:

- Identify critical problems, explaining links between criteria & problems; generating creative, relevant proposals; carefully & explicitly showing how well each proposal meets all criteria; justifying its assessment of proposal strengths & weaknesses; providing strong & convincing ending to paper
- Paper has an explicit, logical structure, clearly presents ideas, including headings and subheadings, effective tone.

Questions:

1. Evaluate Arrow Electric?s performance management system for non-sales employees in terms of its Strategic Congruence, Validity, Reliability, Acceptability, and Specificity (defined below).

2. Based on analysis for question 1, what specific changes would you suggest that Arrow Electric make to its performance management system?


Criteria for Effective Performance Measures

Strategic Congruence - Extent to which the performance management system elicits job performance congruent with organization?s strategy, goals, and culture.

Validity - Extent to which performance measures assess all the relevant (and only the relevant) aspects of performance

Reliability - Consistency of the performance measure

Acceptability- whether the people who use the performance measure accept it - Is it fair (procedure, distributive)?

Specificity - Extent to which the performance measure gives specific guidance to employees about what is expected of them and how they can meet these expectations

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