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- 11 You work in the human resources organization and found out through research on Facebook that a current job candidate married and divorced his high school sweetheart before graduating from college and once had his car repossessed. Is this valid grounds for dropping this candidate from further consideration? What would you do?What are the disadvantages in terms of costs that a company could expect when changing the merit pay program?There is a common concern today that executive compensation in the U.S. is: Multiple Choice O O Not adequately linked to strategic performance measures. Ineffective as a performance incentive. Not properly disclosed to the IRS. Too diverse among industries. Too low for the value added.
- Determine whether the base pay should be an important component of the compensation for the sales staff. If so, identify the most appropriate method for determining the base pay for the sales staff. What factors did you consider in making thisdecision?Poor hiring decisions can be very costly to employers. When a new hire is terminated or quits, the employer’s investment in acquiring that employee is lost. These costs include recruiting, screening, and training the new employee. How can an employer avoid hiring the wrong person? What factors should be considered in making a hiring decision? How would the employee selection process differ for a high-level, key position versus an entry-level, low-skill position?What are the two types of bonus pools for bonus incentive plans? How do they differ, and how doeseach achieve (or not achieve) the three objectives of management compensation?
- Traditionally organizations have taken a one size fits all approach toward providing benefits. However, considering the diversity of today’s workforce, more organizations are modifying their compensation packages to include a variety of packages. Some of the rewards organizations can provide include: increased base pay, bonuses, shortened workweeks, extended vacations, paid sabbaticals, flexible work hours, part-time employment, guaranteed job security, increased pension contributions, college tuition reimbursement, personal days off, help in purchasing a home, recognition awards, paid club memberships, and work-from-home options. What are the positive aspects of having individualized rewards? (Think in terms of employees and managers.) What are the negative aspects of having individualized rewards? (Again think in terms of employees and managers.)You are the HR consultant to a small business with about 40 employees. At the present time, the firm offers only five days vacation, five paid holidays, and legally mandated benefits such as unemployment insurance payment. Develop a list of other benefits you believe they should offer, along with your reasons for suggesting them.Many recruitment strategies depend heavily upon internet and social media sources, but, for many situations, non-web-based methods continue to play an important role. For this discussion, research current recruiting methods and then analyze recruiting best practices. From your findings, compare and contrast at least two types of online sources with two types of non-web-based sources (career fairs, networking, etc.). As a part of your comparisons, consider the following for each method: Cost: What are the financial costs to the company? Which methods are most cost effective? Timeliness: How much time is required to find a candidate? Effectiveness: For the time and costs spent, which methods will produce the best candidates? Some methods will generate a large number of applicants, but it is only helpful if the applicants are actually qualified for the position.
- Consider this Recruitment and Selection Process by a certain company. The hiring manager submits a completed requisition to the HR department. The HR department will assign a requisition number to assist in tracking and reporting. The HR department will meet with the hiring manager to discuss the position and determine the most effective recruitment and selection process. The HR department and hiring manager will review resumes of qualified candidates to identify the most appropriate candidates for interviewing. The HR department will conduct telephone pre-screens of identified candidates and schedule in-person interviews with the hiring manager. Hiring managers are responsible for conducting timely, effective interviews of qualified candidates. The HR department is available to advise hiring managers on interview techniques and final candidate selection. A candidate evaluation form will be completed for each candidate interviewed and will be used to make a final candidate selection.…As an associate member of the institute of human resources, you have been invited to give a presentation on employee benefits. Briefly outline your presentation under the following sub headings Justification for employee benefits Statutory benefits and their importance Factors considered in benefit planning Effective administration of benefitsYou work for a company that has 3 major health insurance companies; 2 vision insurance companies, and 2 dental insurance companies. There's is also 5 major pharmacy businesses willing to give you discounts if you signup with them. This is an example of which type of pay practices? a. Sills-based incentives b. Flexible (cafeteria benefits) program c. Participative Pay Decisions d. Gain-sharing Plan