...Internal and External Equity Comparison Edgar Martinez HRM/324 September 10, 2012 Annette Clark Davis Internal and External Equity Comparison In today’s competitive globalized economy, an organization’s approach to equity and its perception of equity can affect an organization’s ability to captivate, retain, and motivate its employees. Therefore, external as well as internal equity play an important role in an organization’s design of its compensation structure. In this essay, it shall examine the total compensation plans for the Home Depot Corporation and IBM Global Services, focusing on internal as well as external equity. Additionally, it shall also review the various advantages as well as disadvantages of internal and external equity for both organizations. Finally, it will provide an explanation to how each plan supports each organization total compensation objectives as well as the relationship of the organization’s financial situation to its plan (University of Phoenix, 2009). Internal and external equity An Organization that notably uses internal equity to form its pay structure is the Home Depot. The Home Depot’s internal equity exist because of its pays wages and hiring processes designed to fit each store budget, instead of hiring people with the skills to do the job at a market rate pay. The Home Depot’s decentralized stores use an elitist compensation system with different compensation plans by organization level and incentives offered only to...
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...Strayer University 11 They Can Do It! You Can Help! Home Depot Victoria James-Smith Talent Management-HRM532 Dr. Cecile Massé, PhD They Can Do It! You Can Help! A Look At Talent Practices At The Home Depot Abstract In today's global economy, companies must continually invest in talent management of its personnel. In the role of being a business partner, HR leaders must work closely with management to attract, hire, develop and retain talent. Yet the shortage of skills today presents various issues and challenges both socio-economic and cultural as talent crosses borders and its prospects are fewer. Thus, in view of the workforce changes with issues such as shifting demographics, global supply chains, the aging workforce and increasing global mobility, organization culture must shift to become forward-looking organizations. That is organizations which must rethink their approach to talent management to best attract talent. By doing so, this will result in organizations being positively positioned to succeed in a highly competitive marketplace. In addition, organizational culture, employee engagement and leadership development have a significant impact on talent retention. Taking these factors into consideration, what will develop will be an integrated approach to talent management which offers a pathway toward sustaining achievable, outstanding business results. Competitive Advantage Home Depot realized that in order to have and to maintain a competitive advantage...
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...They Can Do it! You can help! Home Depot’s Plan Home Depot had several intentions regarding the use of it organizational talent to gain a competitive advantage in the Do It Yourself Industry. The first of these understanding is that talent was the most important element in being a competitor and developing a reputation of having an outstanding staff. Home Depot realized they needed very qualified leaders to assist with finding talent. The second of these intentions were to have limitless and diverse channels of entry into Home Depot to mold personnel into program that would build leadership. Once they acquired the leadership talent they began to prepare them for bigger roles within the company. They began to focus on the bigger picture by: Their focus is the result of many things: * Embedding the enduring importance of human capital to corporate success. * Internalizing the importance of engaged associates in creating a superior customer experience. * Experiencing unprecedented growth in challenging employment markets. * Acknowledging significant changes in workforce and consumers demographics. * Understanding that talented associates tend to leave leaders, not companies, and therefore the competency and preparedness of leaders is paramount to ongoing success. When Home Depot began to focus on these key factors they were successful with opening new channels for recruiting the best talent that they could obtain. Recruiting Talent Home Depot developed...
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...HRM 532-Talent Management Discuss how the leadership at Home Depot intended to use its organizational talent to gain a competitive advantage in the Do It Yourself industry. The Home Depot is the second largest retailer in the world. With that title there is a need to employ a lot of employees. According to the case there are approximately 17,000 leaders into positions each year on average. This is a range from the front line supervisors to executive line supervisors. Unlike most company the Home Depot has more than 80 percent of leadership placements are internal promotions. With that high rate of internal promotion there has to be a seamless pipeline to develop that talent and still have the competitive advantage. That comes from their talent which they take very seriously. The key competitive differentiator in a company that built its reputation and case on knowledgeable associates, problem solving, and superior customer service (Silzer p 657) . The case also goes into detail and explains that the Home Depot was able to keep this focus was by doing the following: • Embedding the enduring importance of human capital to corporate success. • Internalizing the importance of engaged associates in creating a superior customer experience. • Acknowledging significant changes in workforce and consumers demographics. All of these factors help maintain the spot as the second largest retailer in the world. They put enfaces on the people and the service that they...
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...Executive Summary Human resource management is a sensitive issue in an organization. The performance of any organization is determined by the workforce management practices in place. Owing to the competitive nature of workforce management, human resources are managed strategically (Aghazadeh 2003, p. 201). In this paper, a case study of strategic human resource management has been done. The company considered is called Home Depot. The paper briefly explores the company and its human resource strategy that was found to be diversity management. Thereafter, the paper has explored possible problems that company faces as a result of its diversity strategy. In response to the problems, the paper suggests inclusion of employee relation model in the diversity strategy already in place before making related recommendations and collusion. 1.0 Overview of the Organization The organization considered in this case study is a retail business company called Home depot. Home Depot is an American company retailing in construction and home improvement products. The company was founded in 1978 by Ron Brill, Bernie Marcus, Pat Farrah, and Arthur Blank. The initial focus during its inception was to come up with a home improvement warehouse. The company commenced with two stores in Metro Atlanta. Going by the success and good market reception from the public, the company invested further within the same line by establishing two more stores in 1979. At the time of its establishment, the company...
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... Siberian Husky’s : Informative Speech Outline I. Introduction A. Attention Getter: Siberian huskies served valiantly in the army's arctic search & rescue unit of the air transport command during WWII and in the BYRD Antarctic expeditions. OR Did you know that some people say that this breed can put the “H” in Houdini because unless they have a fenced in yard they are known to be escape artist and enen then sometimes a fence does not stop them! B. Purpose Statement: I will be informing everybody about some if the history of the Siberian Husky’s along with some general information such as their temperament, general care which includes food, exercise they need and such stuff. C. Significance Statement: I feel this information is relevant to know because not many people even know the most basic thing about the breed of the dog they own if it’s a Officially a state dog or even if it’s a breed that is well known for having Health issues that they should be on the lookout for. D. Preview Statement: First I will be giving you a brief history of the Siberian Husky’s along with some of their most noted achievements as a breed. Second, I will inform you about the general care they need along with if they have any health issues you should be on the lookout. Major Transition: So First the Husky is believed to have originated in among the Chukchi people, of northeastern Asia as an endurance sled dog. ***************************************************** ...
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...Seahawks Fans Discover Beer Hijinks Tickets to watch an NFL game aren’t cheap, and for those of us who don’t have corporate entities sponsoring our fandom and nacho habit, the opportunity to attend one is a big deal. We wear jerseys to be properly attired, take photos so we can be properly nostalgic and buy overpriced beers to get properly inebriated. And because we go through so much to make cheering on our football team a big event, most of us are even willing to splurge on the big beers. Support the team, right? Everyone is in this together. Unless they aren’t. Two intrepid Seahawks fans noticed something curious recently about the beer cups they had just purchased at Qwest Field in Seattle. The medium 16-ounce – which sold for $7.25 – and the large 20-ounce – which sold for $8.50 – held exactly the same amount of beer! Though it didn’t take a very complicated experiment to prove this hypothesis, the company that manages the stadium – First & Goal – was willing to admit the liquid discrepancy after an “internal investigation”. Representatives were also unsure how or when the conundrum began. The other issue confounding First & Goal was simply why there was so much outrage. After all, people who paid only $7.25 for a 20-ounce beer should feel like they won a mini, alcoholic lottery, right? Some of them may have, but in cases like these, the more vocal group is typically the one who feels more slighted. And for the long-suffering Seattle fans who remember...
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...The collaboration between the Region 6 Putting on AIRS program, Yale New Haven Hospital and Yale Primary Care Center (YPCC) pediatric resident and intern training continues. This collaboration provides the pediatric residents and interns practicing at YPCC opportunity to learn about Community Public Health Programs. The primary goal of this partnership is to offer the residents and interns a broad understanding of local public health programs their patients can be referred to. This system allows the residents and interns to be introduced to the roles public health and medicine share. In addition, it shows the importance of partnering with community agencies to address the burden of asthma. The Region had 10 residents/interns come through this reporting period, with 2 joining on a home visit. The residents have reported that haven been given an...
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...Piece Two Families should be responsible for taking care of their old relatives with the help of the government. The point is that there is help, but the people don’t have to get the help. It’s more about the choice of entitlements or going through it alone. If choosing the entitlement then it’s the factor of someone else having to pay for it. Some may not agree with this because some people believe that others shouldn’t be “lazy”. It’s also a matter of some people really caring about paying for someone else’s healthcare or cash assistance if they can pay for it themselves. Some people are more empathetic of those that cannot afford healthcare for their loved ones, and choose to not mind helping those in need. In the United States, our health care that we receive truly costs a lot more than other countries around us. Elderly citizens typically need more medical care, and the cost of needed medical care can get to the point that some might need to choose between buying food or filling prescriptions that they need. Most elderly citizens are surrounded by families that do their best to help out, but sometimes find it hard enough having to handle the burden of cost for themselves as well as their children let alone having to pay for medical costs for their loved ones. When your loved ones cannot afford commercial healthcare or don’t still have it form a job that they retired from, they have to sign up for Medicare or for Medicaid if they are poor and or disabled. As much as most...
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...Introduction The New Yorker named Jean Nidetch, who is at the start of Weight Watchers in 1963, when she decided to invite her friends to hers in order to give them the possibility to lose weight "together". From there, the first Weight Watchers meeting was born. Quickly, the reputation of this program was spreading across the United States. It made thousands of followers. By 1970 it spread on to Germany, the first European country to import the Weight Watchers diet. In 1973, it followed by France and Switzerland and Belgium in 1974. The company is now present in forty countries across the world and hasn’t said its last word. In 1978, the company was sold to the famous U.S. food group H. J. Heinz until 1999, best known for the manufacture of ketchup and canned food. Since 2001, it went public and was listed on the New York Stock Exchange. The Weight Watchers program, in addition to the weekly meetings that have been develop in all countries where it operates, brand extension of products created under the logo of the brand through partnerships (105 products from 12 different categories in 2011). In 1993, Weight Watchers has developed additional services, including concept correspondence "Weight Watchers at home." But the revolution came in the 2000s with the development of the Internet, which hasn’t escaped to Weight Watchers. Weight Watchers International is the global leader in weight management services, operating in all the market through a network of owned...
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...is not what we say, but it is how we say it. A quality education and career training are sound investments for a bright future, an illustrious career, and a successful life. Individuals who complete more years of education have greater access to higher paying jobs-such as management, professional, and related occupations than those with fewer years of education. “Where one goes to college can have effects on one's future education, occupation, and income” (Karen, 2002, p. 193). Self-discipline, sacrifice, patience, perseverance, and positive attitude should be sufficient motivating factors, and a reminder that a good education pays off eventually by reaping the fruits of hard work. Physical well-being, personal wellness, and good health are part of personal responsibility. “Participation in physical activity should remain a high priority to facilitate maintenance of healthy body weights” (Liebman, 2005, p. 95). Personal drive, ambition, and desire to succeed are necessary attributes that help in overcoming any obstacles. Volunteering, part of personal responsibility requires time, and flexibility to help less fortunate members of the community, and may work in homeless shelters, children’s, and nursing homes, hospitals, churches, correctional institutions, and schools. Learning from our past can help avoid repetition of mistakes in the future. Responsibility means doing the right thing and not blaming others for our actions. People who drink and drive risk getting...
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...mostly define a child’s acceptance and good relationship with things within the environment. Good socialization skills are developed when humans are exposed to as many things as possible. The more events that a child encounters and has positive reactions to, the better response he/she will have when these events are repeated throughout the course of life. It is important that you make the socialization process as entertaining and rewarding as you possibly can. This means that during this process, your infant will need to accept being handled and being touched by other humans so that she will not fear strangers (healthcare providers, or people whom they are introduced to.) This will prove beneficial when you have to take the infant to the health clinic per se. Make sure that all the experiences a child is introduced to are pleasurable experiences. That way the child will build a good association between the event and the reward. Human contact us necessary not only for the infant’s physical well-being, but for healthy social and psychological development as well. As infants grow, their inborn...
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...University of Phoenix Material History of Community Nursing Matrix Complete the matrix with the following concepts, and relate the concepts to two different periods of time in history and the present time: • Describe each period briefly. • Clarify the differences during each period with public health nursing and community health nursing. • Describe the key health issues. • Identify community health partnerships used during this period of time. • Describe how Watson’s Theory of Human Transpersonal Caring is related. | |Historical time |Nursing role in |Major health issues |Partnerships used |Watson’s theory | | |period |community | | | | |Past period 1 |Colonial period |Nursing care was |-Poor sanitation |Early colonial public |A nurse is able to detect | | |America |informal and was |-Small Pox |health effort included the |the other person’s condition| | |1600-1700 |provided by household |-Yellow Fever |collection of vital |of being (Watson, 1995). The| | | |women. They were |-Cholera |statistic, improved |theory relates to this era | | | |responsible for taking |-Typhoid...
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...The weight loss industry is making millions every year on Americans. So why are so many Americans continuing to gain weight at increasing numbers? Could it be diets and weight loss supplements are detrimental to the overall health of so many Americans? The unhealthy reliance on appetite suppressants and the restrictions of certain food groups generally don’t work in the long term and can even be dangerous. The low cost of diets and the promise of fast results can certainly encourage many Americans to diet. According to the Centers for Disease Control and Prevention more than 20 million Americans use dietary supplements, including multivitamins, minerals and herbs. The rise of diet supplements from 42% in 2006 to 62% in 2010 has only fueled the growth of dietary supplements and diet plans to a multimillion dollar industry (Center for Disease Control, 2011). The weight loss industry encourages individuals to improve their overall health by dieting. The industry approach suggest people can eat poorly and just take a diet supplement and have the same results of someone who eats well, exercise and takes care of their health by getting regular checkups. This is farthest from the truth according to a CNN report. Dr. Roberta Anding, a registered dietitian and director of sports nutrition at Texas Children Hospital, stated “while some supplements can be helpful in losing weight they are not match to maintaining a healthy lifestyle. “ Studies haven’t shown any significant difference...
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...Axia College Material Appendix A Final Project Overview and Timeline Final Project Overview Describe briefly a current health problem or nutritional need that you are experiencing, or a health or nutrition problem you can foresee experiencing because of your family history. Using insights from the My Pyramid Plan Web exercise, the Recommended Dietary Allowances, Recommended Dietary Intakes for your age group and gender, and information from readings, develop a realistic nutrition and exercise plan to summarize in a 1,400- to 1,750-word paper. The plan should be plausible enough to be initiated within the next 30 days and continued throughout your life. Be sure to include the following: • Identification of the health/nutrition problem targeted • Four nutritional or physical exercise goals • Actions taken to meet each goal • Anticipated setbacks or difficulties, and methods to overcome them • Outcomes by which to measure success • Evidence of the plan’s effectiveness in addressing the identified problem or need • Identification of potential health risks that may develop if the plan is not implemented Your paper should also address how your plan may be adjusted to fit your changing nutritional needs as a result of age, pregnancy (if applicable), or changes in physical capabilities. Be sure to include information about physical activities, and how they may be altered to accommodate different seasons of the year and changes in age. Include all applicable references...
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