...When setting pay rates, compensation managers must take into consideration the employees' perception of fair, equitable compensation. Pay Equity: Internal and External Considerations KENT ROMANOFF Associate Hay Group, Inc. KEN BOEHM Labor Economist Pacific Telesis EDWARD BENSON Vice-President, Hay Group, Inc. EqUity (or fairness), a central theme in compensation theory and practice, arises in many different contexts. Here, for example, are some major areas: • The legal and economic issue of equal pay for similar work (comparable worth). • Pay differences caused by external competition or market pressures. • The fairness of individual wage rates for people who are doing the same job. • Individual employee views of their value relative to their pay. A company's approach to equity is as important as the actual pay programs it im plements. Companies typically emphasize external equity in the design of their com pensation structures. This focus on external equity enables a ,company to develop compensation structures and programs that are competitive with other companies in appropriate labor markets. Perceptions of equity can also influence a company's abil ity to attract, retain, and motivate its employees. Employee perceptions of equity and inequity are equally important and should be carefully considered when a company sets compensation objectives. Employees who perceive equitable pay treatment may be more motivated to perform better or to sup port a company's...
Words: 3553 - Pages: 15
...Stewart Everyday Baby - Brief Article TROY, MICH. -- Martha Stewart Everyday is adding onto its brand with a new line called Martha Stewart Everyday baby. The line debuted at Kmart stores on Oct. 31 and consists of infant bedding and gift sets with price points ranging from $3.99 to $39.99. Tags: K Mart, Martha Stewart Research articles 1999-11-08 How To Optimize The Brand-Customer Relationship Across Multiple Contact Points The Martha Stewart brand, synonymous with the notion of raising the quality of living in and around the home, drives diverse and complimentary publishing, television, branded merchandise, and retail businesses. These businesses are diverse, but the Martha Stewart brand is the key asset optimizing the value of the franchise. Martha... Tags: Brand, Marketing, Branding, Martha Stewart White papers 2001-06-01 BlueLight.com and Martha Stewart Living Omnimedia Launch Online Store for Kmart's Popular Martha Stewart Everyday Brand Business Editors Tags: K Mart, Martha Stewart Living Omnimedia Inc., online store Research articles 2000-07-19 The challenge of building a billion dollar brand - Martha Stewart home fashions brand at Kmart - Cover Story The making of the Martha Stewart home fashions program into a $1 billion Kmart brand was a lot like creating a souffle involving carefully measured ingredients in specific proportions. Tags: brand, K Mart, Martha Stewart Research articles 1997-12-08 Martha Stewart...
Words: 889 - Pages: 4
...Paper ( Apple Inc. Cupertino, CA) INTRODUCTION Founded on April 1st, 1976, Steve Jobs, Steve Wozniak, and Ronald Wayne started an electronic product company, which later became known as one of the most successful and innovative businesses, Apple Inc. Today, it has integrated itself into the lives of many, worldwide. Apple Inc. is best known for their famous “i-products”, customer service, and easily accessible tech support and locations. Although Apple has succeeded thus far, Apple Inc.’s profits are plummeting as competitors are rising, leading to failure in the future with the continuation of this trend. LOSS IN FINANCIAL GROWTH Apple Inc. has become the top technology company in the world with around $145 billion in cash (Worstall) and growing revenues each year. However, Apple Inc. has not shown growth in their net profit margin at the end of 2013. Apple’s net profit margin has decreased by 5% in just 2013 alone, (Hoovers, Financial Report) even with releases of new iPhones and computers. Even though this is a fairly recent event, it forecasts what could be happening to Apple. With major companies such as Samsung and Microsoft showing a 3.21% and a 5.05% increase in profit margin, respectively. (Hoovers, Financial Report) Apple is slowly losing its dominance in the market. With this current trend, we believe Apple will no longer be as successful as they currently are 15-20 years down the line. COMPETITORS CONCLUSION AND RECOMMENDATION Apple Inc. had a vision of...
Words: 1031 - Pages: 5
...PURPOSE Recently, Activision Blizzard, Inc. successfully purchased shares from its parent conglomerate, Vivendi, in order to gain more control as a subsidiary. The reasons for the split will be examined in this report, as well as the current shareholders’ reaction to these significant changes. In addition, there will be an analysis of the negative effects for Activision Blizzard, Inc. that results from the deal between the two companies. The report will then discuss the main issue of the low amount of cash on hand. The final stages of the report will provide strategic recommendations for a plan of action to help the company overcome this obstacle, while remaining the top developer and publisher in the interactive gaming industry. There are several goals that the report hopes to accomplish. First, it will provide insight into a company that dominates the entertainment software industry. Second, the study will illustrate the drastic change in a company’s cash on hand after the purchase of shares. Third, it will propose new ways for the company to continue its momentum and match its past success. Finally, the goal of the report is to establish Activision Blizzard, Inc. as a company that has broken free from its parent conglomerate. PROBLEM STATEMENT The Deal The announcement that Activision Blizzard, Inc. and Vivendi would engage in a deal that would make Activision Blizzard, Inc. majority shareholder left the minority shareholders in the dust. As of June 30, 2013...
Words: 6412 - Pages: 26
...What are leaves? These are days when employees may still be paid despite their absence from work. The leaves allowed by law are discussed below, but the employer may add (not subtract) to these leaves out of the goodness of her heart or under a negotiated Collective Bargaining Agreement (CBA). Leaves Under Law Service Incentive LeaveService Incentive Leave Pay is the benefit of employees to avail of leave with pay for 5 days provided she has rendered service for at least one year. | Solo Parents' LeavePersons who fall under the definition of solo parents and who have rendered service of at least one year are entitled to 7 working daysof leave to attend to their parental duties. | Maternity LeaveA female member of the Social Security System (SSS) who has paid at least 3 monthly contributions in the twelve-month period immediately preceding the semester of her childbirth or miscarriage shall be paid a daily maternity benefit equivalent to 100% of her average daily salary. The benefit is for 60 days for normal delivery and 78 days for caesarian delivery for the first four deliveries and miscarriages. | Paternity LeaveThe law provides for paternity leave of 7 days with full pay to all married male employees in the private and public sectors. It is only available for the first four (4) deliveries of the legitimate spouse with whom the employee is cohabiting. | Leaves under RA 9262Women victims of violence provided under R.A. 9262 of the Anti-Violence against Women and...
Words: 4510 - Pages: 19
...Company History: Acer Incorporated was called "the region's most impressive technology company" in a 1996 article in The Economist. The company also ranks among the world's ten biggest manufacturers of individual components like keyboards, monitors, and CD-ROM drives, and is America's ninth-largest personal computer producer. By 1995, the company was producing four million PCs annually, 25 percent of them OEMs (products sold under other companies' labels). Under the guidance of Chairman and CEO Stan Shih, Acer used ground-breaking strategies to bounce back from a US $22.7 million loss in 1991, earning US $205 million on sales of US $3.2 billion in 1994. Shih hoped to increase Acer's global sales to US $15 billion by 1999, by which time the company would operate as a "federation" of local manufacturing, assembly, and marketing units. http://www.fundinguniverse.com/company-histories/Acer-Inc-Company-History.html Business Origins: Acer Incorporated is Taiwan's leading exporter and the world's fifth largest computer manufacturer. The company designs, manufactures, and sells computer hardware and software products; it ranks among the world's largest manufacturers of individual components such as keyboards, motherboards, set-up boxes, storage drives, monitors, CD-ROM drives, keyboards, printers, scanners, and software. Acer's nearly 30 years of growth results primarily from its business of manufacturing and assembling branded and contract PCs in several locations throughout the world...
Words: 2013 - Pages: 9
...company. In order to further study the practical application of corporation bylaws， there are 5 actual corporation bylaws from different industries will be compared and analyzed later. II. Standard template of Corporation By-laws Bylaws widely vary from organization to organization, but generally cover topics such as how directors are elected, how meetings of directors (and in the case of a business, shareholders) are conducted, and what officers the organization will have and a description of their duties. Most lawyers have a prepared "standard" set of template bylaws that may be modified to meet your company's specific requirements. Here is a sample of corporation bylaws template: ARTICLE I. NAME & PURPOSE Section 1. Name Section 2. Statement Section 3. Vision ARTICLE II. MEMBERSHIP Section 1. "Members" Section 2. Meeting of members...
Words: 1300 - Pages: 6
...Neighborhood News Articles The terms public health and community health have been interchanged when referring to community-based or community-oriented nursing. Public health can be defined as measures taken by a society to ensure healthy conditions of the people (Lancaster & Stanhope, 2008). Public health focuses on the community or population as a whole and includes people who are “free-living” and institutionalized. Public health also works closely with the government, which creates scientific-based regulations and policies, gather information or data and generate reports of the public, and provide such reports to the public for review. Community health focuses on individuals or families within a community, both “free-living” and in institutions, without government involvement. The article, Officials confirm population worries, is about a community health issue. The community has been criticized by environmental activists about the cleanliness of the Neighborhood’s Lake. As a result of the high pollutants in the lake, the community is concerned about their healthy water supply diminishing (Apollo Group, Inc, 2010). This is a community health issue because it is focused on the health of the community that surrounds the Neighborhood’s Lake. The article did not conclude that other areas farther away from the Neighborhood Lake were being affected by the pollutants found in the lake. The article, Smoking breaks a thing of the past?, is about a public health issue. The article addresses...
Words: 603 - Pages: 3
...The case of Bates v. Alumina, Inc. summarized The case is divided into three parts, to which the paper will later refer when discussing the Team Buddy recommendations to the CEO of Alumina, Inc. 1. In May, 2004, the Erehwon Reporter published a scathing article against Alumina, Inc., in which Kelly Bates charged that Alumina, Inc. had discharged polycyclic aromatic hydrocarbons (PAHs) into the waters of Lake Dira in violation of EPA standards, and therefore was responsible for her child contracting leukemia. Alumina, Inc. responded by ordering an internal audit, which concluded that it was not producing PAHs above the EPA standard levels. 2. Bates and the Erehwon Reporter then approached the EPA to obtain the environmental audit report that documented the Alumina, Inc. violation of the Clean Water Act five years ago. The EPA notified Alumina Inc. that disclosure of information under the Freedom of Information Act (FOIA) was being considered. Alumina, Inc. disclosed the environmental audit information to The Erehwon Reporter without releasing any confidential information. 3. Bates then threatened to file a million-dollar personal injury lawsuit against Alumina, Inc. to recover compensatory and punitive damages. Bates alleged that Alumina’s negligent conduct, evident in the “serious violation” of environmental laws five years ago, was the proximate cause of her daughter’s leukemia. Through the mediation of a neutral third party, AAA, a confidential settlement provided...
Words: 410 - Pages: 2
...Acer Incorporated Financial Statement Analysis Project Company History: Acer Incorporated was called "the region's most impressive technology company" in a 1996 article in The Economist. The company also ranks among the world's ten biggest manufacturers of individual components like keyboards, monitors, and CD-ROM drives, and is America's ninth-largest personal computer producer. By 1995, the company was producing four million PCs annually, 25 percent of them OEMs (products sold under other companies' labels). Under the guidance of Chairman and CEO Stan Shih, Acer used ground-breaking strategies to bounce back from a US $22.7 million loss in 1991, earning US $205 million on sales of US $3.2 billion in 1994. Shih hoped to increase Acer's global sales to US $15 billion by 1999, by which time the company would operate as a "federation" of local manufacturing, assembly, and marketing units. http://www.fundinguniverse.com/company-histories/Acer-Inc-Company-History.html Business Origins: Acer Incorporated is Taiwan's leading exporter and the world's fifth largest computer manufacturer. The company designs, manufactures, and sells computer hardware and software products; it ranks among the world's largest manufacturers of individual components such as keyboards, motherboards, set-up boxes, storage drives, monitors, CD-ROM drives, keyboards, printers, scanners, and software. Acer's nearly 30 years of growth results primarily from its business of manufacturing and assembling...
Words: 2049 - Pages: 9
...detail the largest factors influencing profitability in any industry in the article The Five Competitive Forces that Shape Strategy and gives his opinion on what to do once they are identified. These five factors can be evaluated with respect to the Personal Computer (PC) industry based off of a 2012 case study of Apple Inc. Rivalry among existing competitors, the first and most obvious of the five competitive forces, is a strong force in the PC industry with great impact on profitability. Rivalry is high because the competition in the computer industry is very intense among very few serious competitors. The top four PC vendors (Hewlett-Packard, Dell, Lenovo, and Acer) accounted for 53.6% of worldwide shipments in 2011. Leadership in the industry has shifted numerous times, leading to slight differentiation and price competition by each company in an attempt to get ahead. Threat of new entrants is a weak competitive force for the PC industry. The presence of the four existing dominant players and significant barriers to entry deter new competitors from seriously entering the market. A new company would need to heavily invest in research and development and quickly generate brand recognition, and therefore would be unlikely to cause a large threat. Bargaining power of buyers Michael Porter explains in detail the largest factors influencing profitability in any industry in the article The Five Competitive Forces that Shape Strategy and gives his opinion on what...
Words: 397 - Pages: 2
...Between BIG KAHUNA BOARDS, INC (The “Company”) And MR. ROGER WILLIAMS (THE “CUNSULTANT”) This Consultancy Agreement is made and entered into this 15th, November 2015. (The Effective Date) by and between BIG KAHUNA BOARDS, INC (The “Company”) with its principal location of business located at Washington (The “Company”) and Mr. Roger Williams with its principal location of business located at California (the “Consultant”), (hereinafter referred to individually as a “Party” and collectively as “the Parties”). WHEREAS, the BIG KAHUNA BOARDS, INC is in the Business of DESIGN AND MANUFACTURING SKATE BOARDS. WHEREAS, the MR. ROGER WILLIAMS (THE “CUNSULTANT”) has expertise in the area of SKATEBOARD COACHING IN CALIFORNIA. WHEREAS, the BIG KAHUNA BOARDS, INC desire to engage the Consultant to provide certain services in the of Consultant’s expertise and the Consultant is willing to provide such services to the company; Now, THEREFORE, the Parties hereby agree as follows: 1. Engagement and Service (A) BIG KAHUNA BOARDS, INC (the “Company”) hereby engages the consultant to provide and perform the services set forth, and Mr. Roger Williams (the “consultant”) hereby accepts the Engagement. (B) Mr. Roger Williams (the “ Consultant”) shall provide Advice on Skateboards, sales, and Consult’s to provide tools, instruments and equipment and place of services, unless otherwise agreed between the parties, which is BIG KAHUNA BOARDS, INC (the “Company”) and MR. ROGER...
Words: 530 - Pages: 3
... Dr. Yan Ling ASSIGNMENT 2 FIRM ANALYSIS REPORT: APPLE INC. ------------------------------------------------- GROUP # 4 Sonny Nguyen || Brittany Krammes Larisa Zenokhova || Bryan Berduo Table of Contents Page # SECTION I – INTRODUCTION3 SECTION II – BUSINESS LEVEL STRATEGY3 SECTION III – VRIO FRAMEWORK OF RESOURCES & CAPABILITIES4 SECTION IV – VALUE CHAIN ANALYSIS6 SECTION V- INTERNAL WEAKNESSES7 SECTION VI –STRATEGIC ACTION RECOMMENDATION 7 A. REFERENCES…………………………………………………………………………………………………………….8 B. EXHIBITS………………………………………………………………………………………………………..……….11 SECTION I – INTRODUCTION For this analysis, we chose Apple Inc. because of its impact on the smartphone industry in the United States. First, the report will identify the business level strategy that the company has pursued and key factors that attribute to its success. Next, the report will use the VRIO framework to analyze Apple Inc.’s tangible and intangible resources, and capabilities. Then, a value chain analysis is provided to evaluate how Apple Inc. creates value for their customers, followed by a brief explanation of three internal weaknesses. Finally, based on what our group knows about the mobile industry in the United States and Apple Inc., we recommended strategic actions the company should take in order to maintain its position in the industry. SECTION II-BUSINESS LEVEL STRATEGY Apple Inc.’s existing business-level strategy within the U.S. branded mobile...
Words: 3121 - Pages: 13
...SWOT Analysis One of the earliest activities the enterprise performs in developing a strategic plan is a ‘Strength, Weakness, Opportunity, Threat’ (SWOT) Analysis. This analysis looks at internal and external factors to determine areas that the enterprise should focus on to increase its survivability and success as well as areas that the enterprise should avoid or decrease its exposure to. Strengths: • One of Google's major strengths is that its cofounders developed and have continued to foster. It follows a business model based on flexibility, foresight, and a willingness to adapt. [i] • The company is the number one search engine and has established a brand name, in which its users trust. [ii] • Google needs very little end user marketing as the name itself is getting word by mouth publicity.[iii] • Google has a simple interface and it gives comprehensive results without confusing its users.[iv] • Google has low operation cost as it uses low cost hardware and develops advanced software to maximize the performance.[v] • Google provides an interface to 129 languages to make it comfortable to search for its users in different countries.[vi] • According to Fortune magazine, in 2010 Google is ranked 4th in the list of 100 best companies to work for. [vii] • Google also has a range of innovative additional services like Images, Groups, Directory, and News. Google didn’t complicate its website by making itself a portal; rather it kept tabs...
Words: 1485 - Pages: 6
...February 17, 2013 Team Article Analysis -Week 6 High Tech News February 2013 Dell's founder strikes deal to turn it around myway.com Summary Once known as one of the top computer distributors in the country, Dell computers recently struck a deal with an investment firm Siler Lake to ensure their continued success in the technology industry. With the constant changing of technology, Dell initially experienced great success as one of the top 3 computer manufacturers in the world. But thanks to new marketplace competition, Dell has continued to see a significant loss in sales to new and upcoming Lenovo and Hewlett-Packard. With the developments of smart phones couples with the introduction of tablets and IPads, Dell has found itself in a less than desirable state. 1. What are the main concepts of the article? As technology continues to develop and change, computer manufactures are finding they must either keep up with the popularity craze or face potential collapse. Even if successful at one point in time, the rapid changes that technology bring cause great potential for loss if a business is unable to remain fluent with current technology. IBM, is a great example, although hugely popular in the 1990s, they have been unable to keep up with new and upcoming technological geniuses such as Apple. In this type of industry, it’s important that a company have the skilled developers to create the next and upcoming technology in order to remain in this technological game. 2. This...
Words: 1348 - Pages: 6
