Compensation and Benefits recommendation Learning Team C Luis Heredia Alberto Cuen Ramon Castillo HRM-531 March 26th, 2014 Claudia Camacho A market evaluation and analysis conducted using common available internet sources for the compensation that a Limousine service company should offer in the Austin, TX area for the limousine driver’s job compensation package in order to stay competitive in its local area is described in the following paragraphs: Employee compensation is composed
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Reflection HRM 531 Week Three Team Reflection Employee benefits and compensation are essential to a successful business. A company’s ability to thrive is often due in large part to the workers it employs. Because of this, it is important that the compensation and benefits the employer offers to the employees are competitive and comprehensive. Week three objectives include explaining how to create these benefit packages, determining the appropriate components of the employee compensation and benefits
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Performance and Career Management Plan Travis Steiner University of Phoenix Human Capital Management HRM/531 Jim Foote May 01, 2011 Performance and Career Management Plan Having a career management plan is exactly like having a map; you want to know where you are, where you are headed, and where your destination is. Your career management plan should also take into account your career interests and needs along with your knowledge, skills, and how to balance your work (Purdue.edu, n.d,
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LITERATURE REVIEW 4 2.1 Human Resources Management (HRM) 4 2.1.1 Best Practice as an Approach in HRM 4 2.1.2 Characteristics of best practice 5 2.1.3 Advantages of Best Practice: 6 3.0 ANALYSIS AND DISCUSSION 9 3.1 Distinct Human Resources Practice: 9 3.2 Hofstede Model of Cultural Dimension: 10 3.2.1 Power Distance: 10 3.2.2 Uncertainty Avoidance: 10 3.2.3 Individualism: 11 3.2.4 Masculinity: 11 3.3 HRM Best Fit Model 11 3.4 Differences between Best Practice
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Performance Management Plan Donna Zellers HRM/531 December 8, 2013 Tiffany Mytty-Klein Performance Management Plan The organizational performance philosophy for Austin Limousine Service is uphold the highest integrity and commitment to their customers, which will ensure a reputation for outstanding service. This is accomplished through the employees, vehicles, and performance management plan. To accomplish an effective performance management plan, a job analysis needs to correlate with the
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Westar Small Business Solutions Compensation and Benefits Jerome Rutledge, Rahim Shadid, Sridhar Venugopal, Ursula Wester, and Cassandra Woods HRM 531 April 18, 2013 Carolyn Szlaga Purpose The purpose of this plan is to provide fair and equitable compensation for the individual(s) that will be performing the assistant project manager role at Westar Small Business Solutions. This plan clearly describes the total compensation that Westar Small Business Solutions will be providing to those
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Plan de compensación InterClean, Inc. cuenta con un excelente equipo de trabajo, que aportan sus contribuciones físicas, conocimientos y habilidades a cambio de una compensación. El término compensación abarca más que un simple pago de salario o sueldo. La compensación es la acción y efecto de compensar (“compensación”, 2001). En la administración, la compensación incluye incentivos que motivan a los empleados y a su vez aumenta la productividad de estos. Las diferentes formas de compensación:
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Employment Law Compliance Plan HRM 531 Week 2 Memo To: Bradley Stonefield, Owner, Landslide Limousine Service Austin, Texas From: Angela Shoemaker, Consultant, Atwood and Allen Consulting Date: Subject: Employment Law Compliance Plan Dear Mr. Stonefield, This is a follow-up from the conversation we had earlier in the week about the start-up business for your Limousine service in Austin, Texas and the hiring of 25 employees during the first year of operation. I have formulated
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HRM 531 Week 2 Quiz Correct answer in capital letter 1. At a comprehensive point of view, a(n) _____ includes anything an employee values and desires that an employer is able and willing to offer in exchange for employee contributions. a. competency-based pay system b. employee stock ownership plan C. organizational reward system d. merit-pay method Organizational reward systems include both financial and nonfinancial rewards for employee contributions. 2. ___________
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Compensation and Benefits Strategies Recommendations Matthew High, Levuris Smith, Clinton Fowler Hrm/531 November 11, 2013 Samuel Hall Compensation and Benefits Strategies Recommendations In modern business different types of resources are used to accomplish company goals and compete in the marketplace. None of the other resources are as diverse and difficult to control as the human resource. Humans are needy and greedy. They need benefits and desire compensation. This makes it hard to control
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