BUS 434 Entire Course New Flashcards
BUS 434 Entire Course NEW
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BUS 434 Entire Course NEW
BUS 434 Week 1 Discussion 1 Compensation Strategy
BUS 434 Week 1 Discussion 2 Overview of Compensation and Benefits
BUS 434 Week 2 Discussion 1 Employee Motivation
BUS 434 Week 2 Discussion 2 Job Analysis
BUS 434 Week 2 Exercise Job Description
BUS 434 Week 3 Assignment Compensation Package Proposal (2 Papers) BUS 434 Week 3 Discussion 1 Compensation Survey
BUS 434 Week 3 Discussion 2 Attracting Talent Across the Generations
BUS 434 Week 3 Exercise Job Evaluation
BUS 434 Week 4 Discussion 1 Performance Standards
BUS 434 Week 4 Discussion 2 Performance Incentives
BUS 434 Week 4 Exercise The Flexible Workforce
BUS 434 Week 5 Discussion 1 Executive Compensation
BUS 434 Week 5 Discussion 2 Benefit Packages in a Global Business Environment
BUS 434 Week 5 Assignment Holland Enterprises Compensation and Benefit Revision Proposal (2 Papers)
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BUS 434 Week 1 Discussion 1 Compensation Strategy NEW
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BUS 434 Week 1 Discussion 1 Compensation Strategy NEW
Select an organization with which you are familiar and describe the type of compensation strategy it uses.
BUS 434 Week 1 Discussion 1 Compensation Strategy NEW
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BUS 434 Week 1 Discussion 1 Compensation Strategy NEW
Select an organization with which you are familiar and describe the type of compensation strategy it uses.
BUS 434 Week 1 Discussion 2 Overview of Compensation and Benefits NEW
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BUS 434 Week 1 Discussion 2 Overview of Compensation and Benefits NEW
Compare and contrast compensation and benefits strategy of the “people department” of Southwest Airlines to overall strategies of two other airlines. What distinguishes each approach from the others? What are the strengths and weaknesses of each?
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BUS 434 Week 2 Discussion 1 Employee Motivation NEW
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BUS 434 Week 2 Discussion 1 Employee Motivation NEW
Search the Internet for at least 3 companies in an industry in which you aspire to work. In a table, list the benefits these firms provide that are “intrinsic” in nature. Explain your rationale based on the theories delineated in the course text. Evaluate why you think these benefits would attract the right talent to the organization.
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BUS 434 Week 2 Discussion 2 Job Analysis NEW
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BUS 434 Week 2 Discussion 2 Job Analysis NEW
Examine what technique[s] you would use to conduct a job analysis on the job you described in the exercise for this week.
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BUS 434 Week 2 Exercise Job Description NEW
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BUS 434 Week 2 Exercise Job Description NEW
Create a Job Description for a position that you hope to be able to attain after completion of your degree. At a minimum, the job description should include the sections of 1.) Position Description; 2.) Duties and Responsibilities; and, 3.) Minimum Knowledge, Skills and Abilities. Share the job description in the exercise area. Evaluate the descriptions of at least two peers, citing at least two scholarly sources including the course text.
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BUS 434 Week 3 Assignment Compensation Package Proposal NEW
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BUS 434 Week 3 Assignment Compensation Package Proposal NEW
Using the job description and evaluation method that you created for the exercises in weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:
- Job description
- Method of Job evaluation
- Intrinsic and extrinsic benefits
- Compensation package and rationale for same
- How performance will be measured
- Why the proposal you have created is appropriate for the market at this time.
- Compensation strategy.
The proposal should be formatted in accordance with APA, 6th edition, and the guidelines of the template provided at the Ashford Writing Center. It should be between 2000 – 2500 words in length excluding title page and references. Be sure to include at least 6 scholarly and/or popular sources, one of which must be the course text
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BUS 434 Week 3 Discussion 1 Compensation Survey NEW
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BUS 434 Week 3 Discussion 1 Compensation Survey NEW
According to our text, “A compensation survey is a tool used to determine the typical incentives that are provided to employees across a specific job, industry, geographic regions, etc. Data is collected from multiple employers and is analyzed to develop an understanding of the overall amount of compensation paid.” (Weathington, 2016, section 5.3, para. 1).
Guided Response: Create a compensation survey for the job description you created in week 2. What did you learn about the salary range, competitive market, skills, experience, and occupational field? Explain in 200-300 words. Include at least one reference in addition to company websites and the course text. Respond to at least two classmates’ posts.
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BUS 434 Week 3 Discussion 2 Attracting Talent Across the Generations NEW
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BUS 434 Week 3 Discussion 2 Attracting Talent Across the Generations NEW
Reflect on what you have learned about the different generations in the workplace (Chapter 6). How is the modern workforce different from that of the past? What should employers consider about compensation and benefits for successful recruitment of talented Gen Xers and millennials? What do millennials need to consider to get the compensation and benefits package they want?
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BUS 434 Week 3 Exercise Job Evaluation NEW
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BUS 434 Week 3 Exercise Job Evaluation NEW
Build a plan for evaluating the job description you created in Week Two. Share the plan in the exercise area. Evaluate the plans of at least two peers, citing at least two scholarly sources including the course text.
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BUS 434 Week 4 Discussion 1 Performance Standards NEW
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BUS 434 Week 4 Discussion 1 Performance Standards NEW
Describe the relevance of performance standards for today’s knowledge-directed workers, and how their use will result in a more competitive compensation and benefit strategy.
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BUS 434 Week 4 Discussion 2 Performance Incentives NEW
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BUS 434 Week 4 Discussion 2 Performance Incentives NEW
Compare and contrast when it would be preferable to motivate employee performance through short-term incentives versus long-term incentives, and vice-versa.
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BUS 434 Week 4 Exercise The Flexible Workforce NEW
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BUS 434 Week 4 Exercise The Flexible Workforce NEW
After viewing “Lyft, Uber, and Sidecar” and the “Eat With” videos, predict the problems that will continue to plague innovators in the flexible workforce. Use at least two sources in addition to the text to support your position. Respond to at least two classmates’ posts.
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BUS 434 Week 5 Assignment Holland Enterprises Compensation and Benefit Revision Proposal NEW
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BUS 434 Week 5 Assignment Holland Enterprises Compensation and Benefit Revision Proposal NEW
Attracting and retaining the most talented employees is essential for long-term organizational success. An important component to attracting and retaining such employees is the design and implementation of an effective compensation and benefit system.
Assume the role of a highly regarded human resource consultant hired to review, analyze, and revise the compensation and benefit system utilized by your city’s largest employer, Holland Enterprises. The firm employs 3,500 employees, but since 2010 has lost 25% of its staff. Exit interviews indicate the primary reason a majority of these employees have resigned is because of a compensation and benefit system that is perceived to be unfair and uncompetitive in the marketplace.
Present to the management a revised compensation and benefit strategy. Your proposal should include:
- Description of how an effective compensation and benefit system contributes to organizational effectiveness.
- Explanation of the principle components of your revised compensation and benefit system for a large-scale organization as well as a recommendation for each component.
- Provision of a clear and convincing argument to the already skeptical top managers of this organization to increase their compensation and benefit expenses.
At a minimum, your compensation and benefit system would include the following components:
- Compensation and benefit philosophy
- Pay structure architecture (pay grades, pay ranges, and pay width)
- Ratio of base pay to incentive (bonus) pay
- Emphases on external equity or internal equity
- Principle type of benefits to include (example: deferred compensation match, health insurance, vacation and sick leave, etc.)
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BUS 434 Week 5 Discussion 1 Executive Compensation NEW
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BUS 434 Week 5 Discussion 1 Executive Compensation NEW
After reviewing the Coleman (2016) article on executive compensation and reading this week’s assigned readings, choose one of two statements below and construct an argument supporting your position:
a. The market trend towards escalating executive compensation reflects the critical importance of an executive to an organization’s long-term viability.
b. The growing compensation inequity between executive management and the average employee threatens to destabilize organizational morale and societal justice.
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