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HRM 324 Entire course > HRM 324 Entire course/assignmentcloud.com > Flashcards

HRM 324 Entire course/assignmentcloud.com Flashcards

1
Q

UOP HRM 324 Week 2 Learning Team Wage Management

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As a team write a 700-1,050 word paper in which you explore how a small start up organization’s compensation program would differ from that of a Fortune 500 organization. Comment on how the these two organizations would likely establish salaries for their employees, if and how they would give raises, if and how they would account for competitor’s pay, etc… Format and cite your paper according to APA standards.

A

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2
Q

UOP HRM 324 Week 3 DQ 1
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Does your employer have a pay for performance philosophy? If so, how is this philosophy executed? If your organization does not have a pay for performance philosophy, what are changes to pay based on?

A

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3
Q

UOP HRM 324 Week 2 DQ 1

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What is job analysis? Oftentimes job analysis is associated with staffing, but how does it relate to compensation?

A

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4
Q

UOP HRM 324 Complete Class

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HRM 324 Week 1 DQ 1
HRM 324 Week 1 DQ 2
HRM 324 Week 1 Individual Legal Issues in Compensation

HRM 324 Week 1 Assignment Organizational Objectives and Total Compensation in Different Markets (2 Papers)
RM 324 Week 2 DQ 1
HRM 324 Week 2 DQ 2
HRM 324 Week 2 Individual Internal and External Equity Comparison
HRM 324 Week 2 Learning Team Wage Management
HRM 324 Week 2 Compensation Evaluation Plan (2 Papers)
HRM 324 Week 3 DQ 1
HRM 324 Week 3 DQ 2
HRM 324 Week 3 Individual Mandatory (Legally Required) Benefits
HRM 324 Week 3 Learning Team Incentive Pay
HRM 324 Week 3 Learning Team Performance-Based Pay and Employee Rewards Presentation
HRM 324 Week 3 Candidate Analysis (2 Papers)
HRM 324 Week 4 DQ 1
HRM 324 Week 4 DQ 2
HRM 324 Week 4 Individual Retirement Plan Communication
HRM 324 Week 4 Learning Team Retirement Plans
HRM 324 Week 4 Retirement Plan Selection (2 Papers)
HRM 324 Week 5 Job Description and Total Compensation (2 Papers)
HRM 324 Week 5 Individual International Compensation
HRM 324 Week 5 Learning Team Managing Compensation
HRM 324 Week 5 Learning Team Total Compensation Plan

A

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5
Q

UOP HRM 324 Final Exam Guide

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  1. Base pay defined is?
    a. Pay by the drink
    b. Hourly or annual salary
    c. Service fees
    d. A fee that is paid per project
  2. How is base pay adjusted over time?
    a. Cost of living adjustments
    b. Seniority pay, merit pay
    c. Incentive pay, person focused pay
    d. All of the above
  3. Extrinsic compensation includes?
    a. Base salaries and bonuses
    b. Jobs that provide autonomy
    c. Both monetary and nonmonetary rewards
    d. Traditional pay

4) Competency based can be defined as?
a. Two basic types of focused pay programs, pay for knowledge and skill base pay
b. Compensation for longevity
c. Phased wage approach
d. Retirement compensation

5) Pay for knowledge can be defined as?
a) Rewards for managerial, service, or professional workers for successfully learning specific curricula
b) Consultant fees
c) Measures labor productivity

6) Skill-based pay defined is?
a) Employees who work on computers
b) A term used mostly for employees who do physical work
c) Trade that deals mainly with the restaurants industry
d) Skills considered supervisory

7) Incentive pay defined is?
a. Augments employees base pay
b. Appears as a one-time payment
c. Employees usually receive a combination of recurring base pay and incentive pay
d. All of the above

8) Incentive pay plans can be broadly classified into what 3 categories.
a) Store sales, profit levels, customer quality
b) Cost savings, reduction, services
c) Individual incentive plans, group incentive plans, company wide plans
d) Number of units produced, amount of sales, error rate

9) Individual incentive pay plans are most appropriate under what 3 conditions?
a) Where employee’s performance can be measured objectively, employees have sufficient control over work outcomes; incentive plans do not create a level of unhealthy competition
b) Piecework plans, management incentive plans, referral plans
c) Pay and performance relationships, strive for excellence, incentive awards with job performance

10) Pension plans that entitle employers and employees to substantial tax benefits are known as:
a. Qualified plans
b. Nonqualified plans
c. Plan termination and procedures
d. PBGC

11) Qualified pension plans posses’ 13 fundamental characteristics.
a) True
b) False

12) Qualified pension plans are subject to minimum accrual rules based on the Internal Revenue Code and ERISA.
a) True
b) False

13) Under an international setting, Home Country-Based Method is?
a. A method that compensates expatriates’ the amount they would receive if they were performing similar work in the United States
b. Court compensation
c. A standard benefit program
d. Hardship allowance

14) How many methods are there for calculating base pay for U.S. expatriates.
a) 1
b) 3
c) 2
d) 4

15) Hardship allowances compensate expatriates for their sacrifices while on assignment’s.
a. True
b. False

A

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6
Q

UOP HRM 324 Week 2 Compensation Evaluation Plan (2 Papers) NEW

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This Tutorial contains 2 Papers
You were hired to work as a HR Consultant for a small local hospital, with the task of expanding the workforce of certified medical assistants. Looking at the current three employees, you find a discrepancy in compensation between Susi, a 2-year employee at
$28,000, Tom, 5-year employee at $27,000, and Raul, a 10-year employee at $33,000. All are employed as certified medical assistants, yet they all make different amounts of money.
According to survey data, all three employees are below the market rate for this job in the local job market. All three employees are also exemplary employees with near perfect scores in their most recent performance evaluation.
Write a 700- to 1,050-word paper that includes the following: Explain the discrepancy in pay among the current employees. Describe the strategy you would take to correct the internal equity issue. Describe the strategy you would take to correct the external equity issue.
Explain how you will ensure that new hires will be paid equitably both internally and externally.
Explain how an organization’s Total Compensation strategy affects an organization’s financial operations and its ability to attract, motivate, and retain top talent.
Cite all sources according to APA formatting guidelines.
Click the Assignment Files tab to submit your paper.

A

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7
Q

UOP HRM 324 Week 1 DQ 2
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What roles do national and organizational culture play in compensation?

A

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8
Q

UOP HRM 324 Week 1 Assignment Organizational Objectives and Total Compensation in Different Markets (2 Papers)
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HRM 324 Week 1 Assignment Organizational Objectives and Total Compensation in Different Markets (2 Papers)

A

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9
Q

UOP HRM 324 Week 2 Individual Internal and External Equity Comparison

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Write a 700-1,050 word paper in which you explore the concepts of internal and external equity in compensation. Define what it means to have internally equitable and externally equitable compensation system; how does an organization achieve an internally and externally equitable compensation system? Describe what could happen if an organization’s compensation system lacks internal and external equity. Format and cite your paper according to APA standards.

A

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10
Q

UOP HRM 324 Week 1 DQ 1
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Describe your reaction to the following statement: Compensation has no bearing on a company’s performance.

A

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11
Q

UOP HRM 324 Week 3 DQ 2
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Discuss your views about whether discretionary employee benefits should be an entitlement or something earned based on job performance.

A

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12
Q

UOP HRM 324 Week 3 Candidate Analysis NEW

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This Tutorial contains 2 Papers
You have two employment candidates for a marketing position. Both have similar educational backgrounds and certifications. However, the first candidate has 20 years of related experience while the second candidate has 6 years of similar experience.
The first candidate is asking for a competitive base salary plus one week extra vacation as part of the benefits package. The second candidate is asking for a competitive base salary plus a company smart phone (upgraded each year), and paid Internet service at home. The first candidate is willing to work a flexible schedule (nights, weekends, etc.), while the second candidate prefers to work remotely from home. Both are requesting to be included in the
company’s annual bonus plan.
Write a 700- to 1,050-word paper that includes the following: Compare the direct and indirect compensation requests for each candidate. As an HR professional, what do you think is the best hiring decision for the company
and why?
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.

A

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13
Q

UOP HRM 324 Week 2 DQ 2

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How does an employer go about determining if their pay is market competitive?

A

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14
Q

UOP HRM 324 Week 4 Retirement Plan Selection NEW
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This Tutorial contains 2 Papers
Retirement Plan Selection A new employee joins your company at age 24 making $40,000 per year. Currently, banks are paying 5% interest on saving accounts, and the rate of return on the company stock is
4% per year. During benefits enrollment, the employee stated that she would like to retire at age 60 with 3 million dollars in her retirement account.
Compare the following retirement options for this particular employee in 1,050 to 1,400 words: 403B 401K Pension Annuities IRA Estate planning
Determine which retirement option(s) you would choose if you were this employee.
Assess the factors that this employee should consider when selecting a retirement plan.
Format your paper consistent with APA guidelines.
Click on the Assignment Files tab to submit your paper.

A

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15
Q

UOP HRM 324 Week 4 Individual Retirement Plan Communication

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You are an HR leader in a newly formed organization with 150 employees. The organization will offer employees a 401K plan.
Prepare a communication plan of 1400 - 1750 words. In your communication plan, include components that encourage participation in the retirement plan. Answer the following questions:
o What will you communicate to employees about the nature of 401K plans?
o How will you communicate information to employees?
o How often will you communicate information to employees?
o What tools or methods will you use to communicate the plan?
o How will you overcome resistance to participation?
Format and cite your paper according to APA standards.

A

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16
Q

UOP HRM 324 Week 4 DQ 1

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What is the difference between a defined contribution retirement plan and a defined benefit retirement plan?

A

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17
Q

UOP HRM 324 Week 5 Individual International Compensation
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You are a HR Manager that’s been tasked with developing a compensation and benefits package for an expatriate. Prepare a 350-word paper discussing the considerations that need to be made when compensating an employee working abroad. Use this week’s readings and Internet research to aid you in indentifying these considerations. Format and cite your paper according to APA standards.

A

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18
Q

UOP HRM 324 Week 3 Individual Mandatory (Legally Required) Benefits
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Choose one of the mandatory benefits as described in our readings and prepare a minimum 350-word synopsis of the benefit. Use at least one other source in preparing your paper. Format and cite your paper according to APA standards.

A

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19
Q

UOP HRM 324 Week 3 Learning Team Incentive Pay
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Step 1
As a team, write an introduction discussing the nature of incentive plans and their benefit to employers and employees. The introduction should be a minimum of 200 words.
Step 2
Individually (each team member), discuss the individual, team/group and/or organizational wide incentives that are offered in your current organization or one that you’re familiar with. In a minimum 200-word synopsis, discuss how the incentive plans are administered and comment on whether believe the incentive plans are effective in motivating employees to go above and beyond to meet organizational goals. Each student’s synopsis should be labeled with their name.
Step 3
As a team, write at least 200 words that indentify common themes among the incentive plans within your chosen organizations as well as suggestions as to how incentive plans can be structured and administered to ensure maximum employee motivation.
Format and cite your paper according to APA standards.

A

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20
Q

UOP HRM 324 Week 3 Learning Team Performance-Based Pay and Employee Rewards Presentation
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Create a Microsoft® PowerPoint® presentation outlining performance-based total compensation plans for two organizations. The organizations must be in different industries, have different employee groups, and utilize different pay strategies.
Describe the pay strategies being used. Because the organizations have different employee groups, the key objectives for each group should be different. In each organization, how is pay used to drive those objectives?
Compare direct and indirect rewards plans available to two types of employees. What total reward plans are offered? What similarities and differences exist among the plans? How well does each organization’s reward plan support expectations? Which organization has, in your opinion, better aligned pay and rewards with key objectives?

Create 10 to 15 slides for the presentation, including an introduction and a conclusion slide. Include speaker’s notes, and use at least three APA-formatted sources.

A

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21
Q

UOP HRM 324 Week 5 Learning Team Total Compensation Plan
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Resources: Assigned readings, Virtual Organization: Riordan Manufacturing, ERRs, the Internet, and other resources

Create a 1,200 - to 1,500 -word total compensation plan for Riordan Manufacturing. Your plan should address the following details:

· How your plan supports key objectives
· An evaluation of current trends and issues in total compensation and a prediction of future trends
· Internal and external equity
· A wage management process and rationale
· A retirement plan and how participation will be driven
· The influence of the organization’s financial condition on the total compensation plan
· How your plan will be communicated to leadership and employees

Create a Microsoft® PowerPoint® presentation of 12 to 15 slides that outlines the plan’s key components, and its stated requirements and objectives.

Format your paper consistent with APA guidelines.

A

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22
Q

UOP HRM 324 Week 5 Job Description and Total Compensation NEW
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This Tutorial contains 2 Papers
Create the following positions based upon a job analysis:
1. Mailroom clerk: Entry level for a long-term existing company in San Diego, CA.
2. Manager in the marketing department: Mid-level position in a start-up company, in
Scottsdale, AZ.
Prepare standard job descriptions of 350 words for each of the positions with the following
sections: Job Summary Job Requirements (Minimum Education, Experience and Certifications and/or
training required) Job Functions (Detailed description of the job duties) Make sure each duty begins
with a present action verb Other information (KSA’s, physical requirements, working conditions, reporting
relationships, location, travel requirements and working hours)
Prepare a 350-word paper after the job descriptions are created that includes the following: Explain the pay scale appropriate for the each job (local vs. regional vs. national) and
why the pay scale is appropriate to ensure market competiveness Discuss direct and indirect compensation plans that match that of the company’s
lifecycle for each job
Format your paper consistent with APA guidelines.
Click on the Assignment Files tab to submit your two job descriptions and paper in one
document.

A

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23
Q

UOP HRM 324 Week 4 Learning Team Retirement Plans

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As a team write a 700-1,050 word paper in which you compare and constrast defined benefit and defined contribution retirement plans. Format and cite your paper according to APA standards.

A

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24
Q

UOP HRM 324 Week 4 DQ 2

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The communication of employee benefits is key. What should be the objectives of a benefits communication program? What types of communication tools does your organization use to communicate benefits?

A

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25
Q

UOP HRM 324 Week 5 Learning Team Managing Compensation
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As a team write a minimum 700 word paper in which you discuss the various ways in which an organization can manage employee compensation/benefits costs. Discuss how organizations can manage compensation costs without compromising the goals of an effective compensation system, one of which is to motivate employees. Format and cite your paper according to APA standards.

A

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