subject
Business, 16.07.2021 22:00 ruinmylife

Developing a Pay StructureWhen creating a pay structure at an organization, there are many factors that need to be taken into account. The structure needs to be considered in light of both external market pressures and internal concern for equity and fairness. It should also fit with the organization’s overall business strategy and take into account the various jobs and their importance in day-to-day operations. In this exercise, please read the following mini-case and answer the questions that follow. Sally Conroy, HR manager at Valley Ranch Cosmetics, has recently undertaken a comprehensive review of the pay structure at her organization. She and her staff performed job evaluations on all positions, and graded each position on its compensable factors. The biggest issue that became clear during the analysis was the fact that the salespeople are currently paid twice as much as the logistics staff, despite the fact that their job evaluation point scores were roughly the same. After investigating, Sally found out that salesperson retention had been a large problem in the past and so salaries were increased. In addition, the executive team considers sales growth to be a primary objective of the organization; cost control, while important, is secondary in the minds of the executives. The choices Sally faces are to emphasize the external comparisons, in which case the structure needs little adjustment, or to emphasize the internal comparisons, which would call for an increase in logistics pay or a decrease in sales pay. What is the most likely consequence of emphasizing the internal evaluation?A. Salespeople will be paid under the market rateB. Sales will increaseC. Nothing much would happenD. Logistics employees will be paid under the market rateWhat would be a likely disadvantage of emphasizing the external evaluation?A. It will be difficult to get salespeople to rotate to logisticsB. Employees in logistics will increase their productivityC. Employees in logistics may feel they will lose their jobs to the former sales people and look for jobs elsewhereWhat is the most likely reason that people in logistics are paid less for similar work than salespeople?A. The supply of trained logistics professionals is comparatively highB. The founder of the company was biased against logisticsC. The performance of the logistics department is lowWhat would be an advantage of emphasizing the internal evaluation?A. Customer satisfaction would improveB. Logistics professionals would feel pressure to performC. Logistics professionals would probably feel that they are being treated more fairlyAll other things being equal, which of these positions should be paid more?A. Positions that are peripheral to the missionB. Positions with fewer job evaluation pointsC. Positions that are central to the organization's goals

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:10
Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.
Answers: 1
question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 19:10
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
Answers: 2
question
Business, 23.06.2019 01:50
Which term best describes the statement given below? if p = q and q = r, then p = r
Answers: 1
You know the right answer?
Developing a Pay StructureWhen creating a pay structure at an organization, there are many factors t...
Questions
question
Mathematics, 15.07.2020 01:01
question
Mathematics, 15.07.2020 01:01
question
Mathematics, 15.07.2020 01:01
Questions on the website: 13722367