CM PPP

CM PPP - Management
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Imagine that you are the human resources (HR) manager at a manufacturing company. The company you work for is trying to determine whether it can make the switch from using a merit-based pay plan to an incentive-based pay plan. As the HR manager, it is your responsibility to explain each pay plan to your company’s board of directors and voice an opinion about whether the company could successfully make the switch. In addition, you must explain your choice. Create a PowerPoint presentation in which you define each type of pay plan and explain the similarities and differences between them. Also, you will express an opinion about which pay plan would work best and why you feel this way. In your introduction slide, include a fictional name, company size, and what the company manufactures. Your presentation should consist of no less than 10 slides, not counting the title slide and reference slide(s). You are required to enchance the presentation by adding speaker notes to explain the information on each slide. Any references used, including your textbook, should be cited and referenced using APA formatting.  Textbook: Martocchio, J. J. (2020). Strategic compensation: A human resource management approach (10th ed.). Pearson. https://online.vitalsource.com/#/books/9780135201930MHR 6901, Compensation Management 1 Course Learning Outcomes for Unit II Upon completion of this unit, students should be able to: 3. Outline the similarities and differences between merit pay plans and incentive pay plans. 3.1 Define merit pay plans and incentive pay plans. 3.2 Express an opinion about whether a merit pay play or an incentive pay plan would be better for employees in a fictional company. Course/Unit Learning Outcomes Learning Activity 3.1 Unit Lesson Chapter 3 Chapter 4 Unit II PowerPoint Presentation 3.2 Unit Lesson Chapter 3 Chapter 4 Unit II PowerPoint Presentation Required Unit Resources Chapter 3: Traditional Bases for Pay: Seniority and Merit Chapter 4: Incentive Pay Unit Lesson In the last unit, you learned about strategic compensation, the role of compensation as a business partner, and how strategic compensation decisions are made. You also reviewed the factors that contribute to pay differentials, the role of labor unions in setting compensation, and several key employment laws related to compensation. In this unit, we move into traditional bases of pay and an alternative to traditional pay, which is known as incentive pay. As you may recall from the last unit’s readings, as the world changes, organizations and the people within those organizations change as well. Some changes involve the government such as when laws are changed (e.g., minimum wage requirements in the United States). For instance, after the federal government sets a minimum wage, the states follow suit, often setting higher rates than the minimum required by the federal government. Some states have decided that the entire state will have the same minimum wage throughout the state whereas other states have decided to establish different minimum wages based on different wage zones within the state. These decisions, which are made at the federal level and the state level, have a direct impact on an organization’s compensation strategy and compensation budget. So let us go to the basics. First, compensation is used to recruit and retain employees and to increase morale and employee satisfaction. Does that refer to all types of compensation? Second, compensation is also used to reward and encourage top performance. The question is this: Are all types of performance improved through compensation systems? You will see in this unit that some compensation systems may not be designed to improve performance but are instead a reward for work completed. UNIT II STUDY GUIDE Pay Plans MHR 6901, Compensation Management 2 UNIT x STUDY GUIDE Title Traditional Compensation Many organizations offer a traditional compensation plan. This means that the organization offers a form of basic pay based on the length of time an employee has been with an organization. The more years the employee has been employed with the organization, the more the employee can earn as a base paSkip To Content Open Quick Links Quick Links Page Landmarks Content Outline Keyboard Shortcuts Logout Global Menu Natasha McClarinActivity Updates1 Home Help Access Assist Assist is in your Blackboard menu. Its easy to add your institutional resources in Assist. Top Frame Tabs Home Notifications My Community Current Location MHR 6901-20L-SP21L-S1, Compensation Management Syllabus/Schedule Menu Management Options Course Menu: MHR 6901-20L-SP21L-S1, Compensation Management COURSE INFORMATION Start Here Announcements eTextbook Syllabus/Schedule Unit I Unit II Unit III Unit IV Unit V Unit VI Unit VII Unit VIII Communication Forums Grades RESOURCES My Library Math and Writing Center Student Resources Tools Syllabus/Schedule Content Syllabus/Schedule Syllabus/Schedule × Unit II PowerPoint Presentation Grading Rubric Criteria Achievement Level Level 1 Level 2 Level 3 Level 4 Level 5 Content (50 points) 0 - 29 Missing required content or content requires significant rework. Presentation repeats other peoples ideas and/or graphics and shows very little attempt at original thought. Topic of presentation may be mostly unclear and/or undeveloped. 30 - 34 All required content is present but not adequately represented. Presentation shows an attempt at originality and inventiveness on a few slides. Analysis and development of topic may sometimes be confusing or unclear. 35 - 39 All required content is present and adequately represented. Presentation shows some originality and inventiveness. The content and ideas are presented in an interesting way. Demonstrates a fairly clear analysis and development of topic. 40 - 44 All required content is present and well represented. Presentation is mostly original and inventive. Much of the content and ideas are presented in a unique and interesting way. Demonstrates clear analysis and development of topic. 45 - 50 All required content is present and very well represented. Presentation shows originality and inventiveness. The content and ideas are presented in a unique and interesting way. Demonstrates thorough analysis and development of topic. Organization (20 points) 0 - 11 The organization is hard to follow; ideas are not linked together and/or may be fragmented. Lacking any logical grouping of ideas or transitions from one idea to the next. No speaker notes are included in the presentation. 12 - 13 The organization is mostly unclear
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Your assignment may be more than 5 paragraphs but not less. INSTRUCTIONS:  To access the FNU Online Library for journals and articles you can go the FNU library link here:  https://www.fnu.edu/library/ In order to n that draws upon the theoretical reading to explain and contextualize the design choices. Be sure to directly quote or paraphrase the reading ce to the vaccine. Your campaign must educate and inform the audience on the benefits but also create for safe and open dialogue. A key metric of your campaign will be the direct increase in numbers.  Key outcomes: The approach that you take must be clear Mechanical Engineering Organic chemistry Geometry nment Topic You will need to pick one topic for your project (5 pts) Literature search You will need to perform a literature search for your topic Geophysics you been involved with a company doing a redesign of business processes Communication on Customer Relations. 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Furman was originally sentenced to death because of a murder he committed in Georgia but the court debated whether or not this was a violation of his 8th amend One of the first conflicts that would need to be investigated would be whether the human service professional followed the responsibility to client ethical standard.  While developing a relationship with client it is important to clarify that if danger or Ethical behavior is a critical topic in the workplace because the impact of it can make or break a business No matter which type of health care organization With a direct sale During the pandemic Computers are being used to monitor the spread of outbreaks in different areas of the world and with this record 3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. Furman was caught i One major ethical conflict that may arise in my investigation is the Responsibility to Client in both Standard 3 and Standard 4 of the Ethical Standards for Human Service Professionals (2015).  Making sure we do not disclose information without consent ev 4. Identify two examples of real world problems that you have observed in your personal Summary & Evaluation: Reference & 188. Academic Search Ultimate Ethics We can mention at least one example of how the violation of ethical standards can be prevented. Many organizations promote ethical self-regulation by creating moral codes to help direct their business activities *DDB is used for the first three years For example The inbound logistics for William Instrument refer to purchase components from various electronic firms. During the purchase process William need to consider the quality and price of the components. In this case 4. A U.S. Supreme Court case known as Furman v. 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