Of these three factors affecting the control of labour costs, Employment (e.g., number of workers and hours worked) Average Cash Compensation (e.g., wages and bonuses) Average Benefit Cost Which factor you believe has the greatest impact on your organization?
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Of these three factors affecting the control of labour costs,
- Employment (e.g., number of workers and hours worked)
- Average Cash Compensation (e.g., wages and bonuses)
- Average Benefit Cost
Which factor you believe has the greatest impact on your organization?
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- What are the different management styles, and how do they impact employee engagement and productivity?Discuss,, How do organizations assess the skill levels and competencies of their employees?Some graduating students view starting salary as more important than benefits when selecting their initial employer? Others view benefits as more important. What factors do you think impact these alternate views?
- How can an organization leader or owner ensure that the pay offered to his or her workers is internally, externally, and individually equitable? Why is this important?What Behaviors Do Employers Care About? Link Organization Strategy to Compensation and Performance ManagementWhat does a pay-for-performance strategy mean for a company?
- 2. Why might an organization choose to pay employees more than the market rate? Why might it choose to pay less? What are the consequences of paying more or less than the market rate?From your own point of view, how can management empower their employees? Discuss your answer briefly. No copy paste pls. Thanks!What would be a summation statement discussing how supply and demand influence the utility of these models: Assess Job fit when you select your employees and hiring a new employee: Person Organizational fit