Protect My Pay December 7, 2010 Microeconomics BU224 The importance of having minimum wage is to impose fair wages to all employees regardless of the race, sex or disabilities, how minimum wage impacts the amount labor workers are willing to do and how by setting the minimum wage rates the government is able to ensure fair wages to workers unlike other countries. Some major points to look at are Men and women need to be paid based on their knowledge and kills not on the gender, keeping your
Words: 853 - Pages: 4
1. | Question : | (TCOs 1, 5) Which type of compensation program is based, in part, on the human capital theory? | | | Student Answer: | | merit pay | | | | seniority pay | | | | incentive pay | | | | skill-based pay | | Instructor Explanation: | Textbook pg. 6 | | | | Points Received: | 5 of 5 | | Comments: | | | | 2. | Question : | (TCOs 1, 5) Tuition reimbursement is considered which of the following? | | | Student Answer: |
Words: 1420 - Pages: 6
I am the H.R. Director for a BeyondTheRack Corporation, a 30,000 employee off-price retailer, headquartered in Massachusetts with store locations and distribution centers throughout the country. We currently do not have an Employee Assistance Program. Our CEO realizes that many competin Employee Assistance Programs are benefit programs, designed to help employees face personal problems that might negatively impact their work performance, health, or overall well-being. The personal issues for
Words: 2816 - Pages: 12
ABC co. 253 Broadway New York, NY 10007 www.abcCO.com Phone- 212-577-7020 Contact: John Doe FOR IMMEDIATE RELEASE Tel. 212-555-999 Cell Phone: 347-852-9555 Email: abcCO@gmail.com New policy to improve sweatshops work conditions and labor ABC co is proud to release a new policy to improve our work environment and labor in the sweatshops. To prevent any problems with the sweatshop we are releasing a new policy. The new policy will features strict
Words: 588 - Pages: 3
Item 1 To: Mary Wallace-Vice President From: Wage & Salary Division Re: Request for pay increase/promotion Susan Anthony sounds like she would be a good candidate for promotion. However, while Mrs. Anthony has the time in grade to be promoted, we require some more paperwork showing that she is proficient in the areas you have stated. Once we have received this paperwork we will be more than happy to endorse her for this promotion (Nkomo, Fottler, & McAfee, 2011). Additional Action: Follow
Words: 1799 - Pages: 8
Management FROM: Dolphinette Williams RE: Employee Benefit Package DATE: November 21, 2010 I propose this benefit package plan for all current and new hire employees. Offering these benefits will keep the talent we have and recruitment of new talent will be easier. Because the company is a small company we will have to consider the cost of each benefit for the company. I suggest that each of the benefits recommended in this package have thoroughly been researched and the cost would be minimum
Words: 600 - Pages: 3
I) It has been a very difficult couple of years for most consumers. One option is to help the economy get back to where we are used to seeing is raising the minimum wage. A) Due to the current economic situation, many consumers are having a difficult time purchasing products they need. Consumers cannot save money since the cost of living has increased drastically. Consumers need additional funds and the government is perhaps their best hope to receive that. B) Raising the minimum wage
Words: 814 - Pages: 4
wages. Comparable worth is a recognized strategy for determining job compensation. If an organization is going to put a specific value on a function, it should also put the same value on other functions that are of equal importance. Comparable worth remains an undeveloped concept. Many court cases have been heard in reference to comparable worth but the suits were unsuccessful as the procedure is not clear. (The Law and Compensation and Benefits, 2009) If a company values a position, they should show
Words: 811 - Pages: 4
Chapter 11 * Compensation – the total of an employee’s pay and benefits * Types of Compensation * Base pay – Wages are paid on hourly basis; Salary is based on a longer time period * Wage and salary add-ons – includes overtime pay, shift differential, premium pay for working weekends & holidays * Incentive pay – (a.k.a. “variable pay”) is “pay for performance”, and commonly includes pieces work in production and commission sales. * Benefits
Words: 1128 - Pages: 5
Dear concern, a very good moment to you. I am going to ask you some question about the Effectiveness of Compensation and Reward Systems of Leading University,Sylhet. Your furnished fare date will help me to assume the Employee Compensation survey. Your personal perception and honest answer is considered vital importance for the success of my study. Your identity and information will be kept confidential. Thank you very much for your time and interest. Precede us to start the survey, please.
Words: 444 - Pages: 2
