...a. Piece-rate pay coexists in our economy with hourly wage pay, because of efficiency and effectiveness. If a firm implements the pay by performance method they are concerned with the individual worker becoming efficient. By paying employees by the number of units they produce, incentivizes employees to work harder for “more minutes of each hour and for more hours during the workday” (477). However, “if workers are paid by the number of parts produced, with the quantity of individual parts not considered, some workers could be expected to sacrifice quality in order to increase their production cost” (478). Therefore, that is why piece rate pay and hourly wage coexist. When it comes to hourly wage page, employers goal is quality of the product. Therefore, “workers know that if they don’t eventually add more to the revenues of their companies than they take home in pay, their jobs will be considered jeopardy” (478). Overall, pay is based on if the firms want to focus on efficiency or quality when it comes to output. b....
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...SaToya Burke (Article #1) White House looks at tax rate to pay for jobs Our president is deliberately increasing the tax rate to get funding for a 447 billion on a job package. At this time they are looking to limit this tax increase for those who have for money than others. I attack detection limit would only be towards people who make over $200,000 a year. The president money is, from either against oil & gas companies, as well as corporate jet owners. Do you really think that this is fair? I understand that there are some people who have a lot more money than others with their phones via fax a limit on the standard deduction then I think you should affect every body not just people who make a certain amount of money chewing us he wants to limit the number of charitable contributions for our other asked yesterday people can itemize patients aged girlfriend by anyone Mr. Lu found that $1.2 trillion it should have went towards the job package we shouldn't have to suffice our deductions or anything like that for. When the president makes the decisions it seems like he used people to pay for his ideas I have for example when we did the work to pay credit that is not written, frozen the White House or the federal government or anything like they came from higher tax rates for people who may a lot more money than he which is not safe When reading the article I see that the Republicans are having the same issues with this is that I am. I understand that you unflinchingly with...
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...SCHOOL OF BUSINESS ADMINSITRATION BACHELOR OF BUSINESS ADMISNITRATION Semester: Fall 2015 – 2016 Course Title Performance & Compensation Course Code HURM402 TITLE OF Case Study APPRAISING PERFORMANCE AT PRECISION In submitting this work, I am confirming that it is all my own work, or the work of my group. I have correctly acknowledged the work of others by using references. Once my work is submitted to Turnitin, it becomes part of the database that subsequent works are checked against. Full Name of Student: Submission Date: Nov 27th, 2015 Assessment: CASE-2 Semester: Fall Academic Year: 2015 ------------------------------------------------- ------------------------------------------------- Date of Case-2 Handover Nov 20th, 2015 ------------------------------------------------- ------------------------------------------------- Time Period Start time: 02:00 PM End time: 03:00 PM ------------------------------------------------- ------------------------------------------------- Duration of Case-2 Handover 2 weeks (Due Date: 4th Dec, 2015) ------------------------------------------------- ------------------------------------------------- Number of Case-2 Handover Pages 7 pages (Including this cover sheet-1) ------------------------------------------------- Marking Scheme: Question | Score | Marks | CLO | Achieved | 1 | 7.5 | | 5 | □ Yes □ No | 2 | 7.5 |...
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...to achieve with its customers. With over 21 million customers across 5 different countries Sky is growing from strength to strength. With a revenue of £11.3bn in 2015 Sky saw a 10% increase on the year before, showing that even in an ever difficult economy, staying committed to your goals and your people, growth is still possible. The report looks in to external factors that could affect the company’s growth 2016 such as; The whole sale of its premium channels, this is something that is a long term issue for Sky as it doesn’t give them a unique edge over its competitors. Another element is the financial state of the global market, even though Sky is achieving its goals at present, this could change and could be affected by exchanges rates, rate of inflation and the amount that the public have to spend. The function and structure of the company have a large impact on how the business is run, the report looks in to some of the functions such as: HR and Customer service. By different functions pulling and working together it can improve productivity and turnover. Building on these relationships and supporting one another can create great team spirit and a strong work force. 1.1 Who are Sky Plc Sky is Europe’s leading entertainment company. The group serves 21 million customers across five countries: Italy, Germany, Austria, the UK and Ireland. Sky offer the best and broadest range of content, deliver market-leading customer service and use innovative new technology to give...
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...Management Department Faculty Publications Management Department 1-1-2014 Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological and Economic Principles Toward a Contingency Perspective Anthony J. Nyberg University of South Carolina, Anthony.Nyberg@moore.sc.edu Jenna R. Pieper University of Nebraska-Lincoln, jpieper@unl.edu Charlie O. Trevor University of Wisconsin-Madison, ctrevor@bus.wisc.edu Follow this and additional works at: http://digitalcommons.unl.edu/managementfacpub Nyberg, Anthony J.; Pieper, Jenna R.; and Trevor, Charlie O., "Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological and Economic Principles Toward a Contingency Perspective" (2014). Management Department Faculty Publications. Paper 111. http://digitalcommons.unl.edu/managementfacpub/111 This Article is brought to you for free and open access by the Management Department at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Management Department Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Published in Journal of Management 2014 ; doi: 10.1177/0149206313515520 Copyright © 2013 Anthony J. Nyberg, Jenna R. Pieper, and Charlie O. Trevor. Published by Sage Publications for Southern Management Association. Used by permission. digitalcommons.unl.edu Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological...
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...Ethnical Responsibility for businesses When companies are making billions of dollars because of the hard work of their employees I believe it’s time to pay it forward. So yes, I do believe that a business has an ethical responsibility to give back to society. Shareholders are making high six figures salaries for watching the workers work and maybe sometimes in a blue moon improving the work flow. But for the people who actually have to spend more than 9 hours at a job a day for five or more days a week, putting their bodies and health on the line should be getting paid more than $9.50/hour. A family of four cannot successfully live off an income of $25,000 a year, unless they honestly have no bill which is highly unlikely. I believe a business who makes millions and have the extra money should praise their workers with that extra dollar or two raise. I also think that to help motivate people and to give back having things such as a once a year or even up to 3 times a year cookout is giving back. This will give the workers a place to eat for free or even pay a certain price for the family to eat free. It will give coworkers a break from only meeting up to work and everyone will be able to meet and get to know each other. A business that has given raises to their employees would be Brazos County. The juvenile officers have received an almost $1.30 raise and the jail officers have received an almost $2.00 raise. They also give back by hosting holiday events for staff and...
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...Memorandum To: Asi Clen, Deputy Chief of Planning & Operations CC: Jay Willie, Director of Maintenance & Transportation From: Danisha Benjamin, Accountant Date: February 11, 2012 Subject: Request for Permission to Research Employee Parking Lot Construction Introduction The purpose of this memo is to request permission to pursue research on the opportunity of constructing a secured parking lot for employees of the Department of Human Services (DHS). With over 1,000 employees and over 300 clients daily, the Department of Human Services is one of the busiest organizations located on Hospital Street, St. Thomas. Besides Human Services, Bergs Home, a housing community known for criminal activities and Bethlehem Shelter, a temporary housing for the needy, are located in this area. At the rear of the building, directly across from Bergs Homes and next to Bethlehem Shelter, is a newly cleared area that has become the permanent parking for employees. Issue Without predetermined parking spaces, an average of 100 cars can fit in this area. Due to the lack of security, anyone can park in an available space. Often, clients, visitors of Bergs Homes, and volunteers of Bethlehem Shelter occupy this parking area. Consequently, parking for DHS employees is affected. In addition, during 2011, a string of robberies occurred in this rear parking lot. On different occasions, three employees were robbed at gunpoint. Other...
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...those from whom we receive them, or only seldom. But the benefit we receive must be rendered again, line for line, deed for deed, cent for cent, to somebody” and this is exactly what “paying it forward” is. Kant says that morality is not just doing the right thing by helping other people, but doing it for the right reasons as well: simply because it is the right thing to do. He holds true that for an action to be moral, it must be done out of a principle which can be applied to everyone equally, a maxim that can be willed to become a universal law. The movie and the book, Pay it Forward, progressively rises towards the moral standards of Kant as the characters come to understand the meaning of this movement and their duty to the world. I saw a bumper sticker the other day that said, “Think globally, act locally.” That is what the kids in Mr. Simonet’s class are really being assigned to do and that is what the Pay it Forward movement demonstrates. We are all connected to each other. The world may be broken but in watching and helping those around us for the right reason, the benefits spread worldwide. Kant agrees that the world is broken, that the human condition is flawed or Trevor in the beginning says, “the world is shit.” Trevor looks at all the bad around him; the trailer homes, the bullies, all the starving homeless people. His mom is a drunk and working as a stripper, his dad is abusive and it is no mystery why an eleven year old would see all this and think the world sucks...
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...merit pay involves giving employees a permanent pay raise based on past performance. Often the company’s performance appraisal system is used to determine performance levels and the employees are awarded a raise, such as a 2% increase in pay. I worked in a hospital and with nurses in an emergency room that got this exact raise. They had a cap that they could hit where they maxed out once they had been there for over 33 years they stopped getting the raise. The ever looming and potential problem with merit pay is that employees come to expect pay increases. This means it will be more so of an expectation and less so something earned. If you know something is coming either way, would you work harder for it? Not to sound lazy but time is valuable and why put in more time than everyone else for the same rewards? The only way to make merit pay more effective depends on making it truly dependent on performance and designing a relatively objective appraisal system. Without the appraisal system it is literally pointless. Ultimately, to be successful, the merit pay program must ensure that awards provided to the best performers will be substantially greater than increases awarded to average, or below-average performers. Merit pay when managed correctly provides a huge advantage for employers in my eyes. Merit pay helps an employer differentiate between performance of high and low performing employees and reward the performance of the higher performers. I believe that merit pay is worth...
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...The Rack of a Shotgun in the Night In the clear early Saturday morning around 4:30 am, I completed my shift on a part time detail at a popular hip-hop night club that I worked for off duty along with two additional officers. The club serves alcohol to the 21 year old and over crowd. The capacity level is reach quite frequently every Saturday night. The potential party goers who can not gain entry try to hangout in the parking lot of the club. The club owner employed several off duty police officers with myself included to deter in crime or incidents on the property after the club is closed at 4:00 am. My job was to ensure that no loitered in the dimly lighted parking lot of the club. I would walk the parking area in my full department issued uniform to give the show of officer presence to hinder any crime that could potentially take place. I checked to ensure there were no disputes physical or verbal in the parking area. A clear presence disrupted any vehicle theft or vandalism too. I walked the parking area and gave verbal instructions to individuals who sat in or just stood by vehicles to make entry to the establishment or depart the property. A combination of alcohol and poor judgement has been a factor with people who did not follow instructions in the parking area. At 4:00 am, one of the security guards for the club opened the front door and I could hear the DJ say that the club was closed. The loud music had stopped and people began to exit the club to the parking...
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...Running head: ACTION INQUIRY RESEARCH PAPER- MERIT PAY Action Inquiry Research Paper- School Finance Jennifer Ponton Grand Canyon EDA 535 July 01, 2012 Action Inquiry Research Paper- School Finance Statement of the Problem This past spring thousands of teachers protested at the Louisiana State Capital to prevent Louisiana lawmakers from passing an educational reform bill proposed by Governor Bobby Jindall that would change the face of public education in Louisiana forever. Many superintendents and school personnel were relieved of their professional responsibilities on the days they protested hoping that they could sway the governor and the lawmakers from passing the bill. The bill was passed even without the support of many educational leaders and lawmakers in Louisiana. The laws passed by Louisiana lawmakers read like a conservative education reformer’s wish list. Teacher tenure in Louisiana after three years of employment was eliminated and replaced with teachers receiving a “highly effective rating for five out of six consecutive years of teaching. Back to back “ineffective rating will result in a teacher being fired. Seniority will no longer be a dominant factor in layoff decisions. In fact most decisions involving teacher employment and pay will now be the responsibility of both the principal and the superintendent of school. Before Governor Jindall’s reform plan it was the responsibility of the local school board. The reform proposed by the governor...
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...Trent Dewberry Corporate Governance Case 7 September 11, 2012 The Board-Management Relationship After almost a full year as a member of the Mega Corporation Board of Directors, Jack Wright felt confident in his assessment of the functionality of the organization. Wright found that the company had a strong balance sheet, several successfully operating businesses, and some other businesses that could be sold. Yet Wright also found that there were several issues that were not being addressed. Wright found that somehow Sam Bigger was keeping John Rock from changing the governance structure of Mega. Bigger’s control of the company is the first barrier towards Mega’s progress as a company. The situation with Sam Bigger is a very common one with entrepreneurs. Sam Bigger started the company many years ago and has experienced a great deal of success. It is a difficult thing for a well accomplished business man to admit that the ways things have always been done are no longer effective. It has become evident that changes are needed in order to stimulate growth and improve business operations. Sam Bigger has so much control of the company that he is a hindrance to Mega and its operations moving forward. The question now is what action should John Wright take in order to break through the entrenchment of Sam Bigger? There are a few options that Jack Wright could take in this situation. Wright considered going directly to Bigger for a face-to-face discussion. Wright chose not to go...
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...Form: Wal-Mart September 10th, 2015 Wal-Mart: The High Cost of Low Price focuses on the malicious strategies the company uses to solidify its place at the top of the retail industry. The documentary includes interviews from hard-working Americans and former Wal-Mart employees who share their stories of malpractice by the company. The first portion of the film details how Wal-Mart has ruined three-generation mom-and-pop businesses in small towns through the help of local subsidies and state legislature. Next, the film addresses the mistreatment of workers. Wal-Mart offers too few hours for employees to earn a living or gain benefits, its healthcare program is too expensive, and employees are often pressured to work overtime with no pay. Furthermore, the company has hidden camera surveillance and response teams to shut down union activities. Working conditions in China are also documented in the film and a former manager tells a story about how he was fired by the company for reporting the terrible conditions. Lastly, the film shows movements in communities around the U.S. to stop Wal-Mart from opening stores in their areas. For me, the most interesting point in the movie dealt with Wal-Mart’s environmental practices. In Belmont, North Carolina, a Wal-Mart near the Catawba River would sell herbicides and pesticides on pallets in the parking lot. As one of the River keepers said, every time it rained in the area the chemicals would run off from the parking and into...
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...“What about everyone else? The problem may not be that executives are paid too much, but that employees are paid too little.” 2. Statement of the Problem Studied In this article, Mr. Delves examined why people complain about executive pay, how companies used to inflate employee earnings, and how companies can increase employee wages now. 3. Significance of the Problem Studied With sky rocketing pay for many executives over the last few decades, many employees have wondered why their pay has not also increased. In the past companies have used stock options to provide incentive for employees and to use these as a pathway to increase employee pay. However with the economic recession and many of the changes in accounting practices, companies could no longer use this incentive to increase wages for employees. Thus Mr. Delves presents the question, “what do we do about [increasing employee incentives]?” (Delves, 2012). If this question can be answered, it has the potential to not only increase employee productivity but also to provide them with increased opportunities. 4. Comments on the Article Many people complain and cannot understand why executives are paid so much money and why their pay continues to remain fairly constant. Delves states, “I have wondered for some time about why so many people continue to be so upset about executive compensation and corporate governance when we have made so much positive progress” (Delves, 2012)...
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...Pay It Forward ETH 316 Pay It Forward “Pay it forward” is not only a movie but also an assessment of child which dialogues about Trevor’s life and his assignment. Let us consider the impending impact 11-year-old Trevor McKinney as portrayed by actor Haley Joel Osment. As seventh grade student who is challenged by his Social Studies teacher Eugene Simonet played by actor Kevin Spacey in an extra credit assignment to change the world. Living is difficult for the young Las Vegas resident Trevor and single mother Arlene played by actress Helen Hunt. Challenging issues of both physical and sexual abuse, along with extreme alcoholism plague the McKinney family. Arlene has dissociated from her son by her severe drinking problem and habitual poor decision making. She is a casino worker by day and strip club waitress at night. Her son Trevor is no run of the mill son. The child sees the potential difference he can make in a world that he does not like the look of. His plan for change is to influence the lives of three people. If the three people accept, it will become their duty and obligation to continue with his idea of “paying it forward”, instead of taking it back by impacting the lives of three other people. This becomes the idea of “one person reaching another” to “one person reaching out to three.” Ultimately the results can revolutionize the earth. The movie “Pay It Forward” is conveyed in an interesting present-day to earlier and back to the present type storyline by...
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