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BUS 434 ASH Course Material BUS 434 Entire Course (Ash) BUS 434 Week 1 DQ 1 (Employee Satisfaction) (Ash) • BUS 434 Week 1 DQ 1 (Employee Satisfaction) • BUS 434 Week 1 DQ 2 (Global Wage Rates) • BUS 434 Week 1 Quiz • BUS 434 Week 2 DQ 1 (Compensation System) • BUS 434 Week 2 DQ 2 (Job Descriptions) • Employee satisfaction relates directly to income obtained from work performed and the lifestyle opportunities made available to the workers and their families from this work-related income."
BUS 434 ASH Course Material BUS 434 Week 1 DQ 2 (Global Wage Rates) (Ash) BUS 434 Week 1 Quiz (Ash) • Wage rates in the United States are higher than similarly skilled workers in other countries such as China, Mexico and India. Consequently, many U.S. • 1. Question : All but which one of the following conditions will influence jobs and job-related opportunities in the future? • 2. Question : Which of the following is a noncompensation benefit rather than a compensation benefit?
BUS 434 ASH Course Material BUS 434 Week 2 DQ 1 (Compensation System) (Ash) BUS 434 Week 2 DQ 2 (Job Descriptions) (Ash) • A basic premise of a market-based economy is that each individual has the opportunity – through education, experience, hard, work, etc. – to improve his or her job earning potential. As a result, some employees may enjoy greater earnings than their colleagues • Today, there is considerable debate whether job descriptions should be broader and more generic, versus narrow and more specific.
BUS 434 ASH Course Material BUS 434 Week 2 Quiz (Ash) BUS 434 Week 3 Assignment Employee Relations Manager Paper (Ash) • 1. Question : An organization's _____________ describes in broad or general value-laden terms what the organization wishes to accomplish in the long term—the kind of product it intends to provide and how it intends to provide it. • The most effective compensation strategy is one that develops a clear link between: • Work that an employee is expected to perform (typically detailed in the job description); • Work that the employee performed (typically detailed in a performance evaluation)
BUS 434 ASH Course Material BUS 434 Week 3 DQ 1 (Job Evaluation Methods) (Ash) BUS 434 Week 3 DQ 2 (Survey Preparation) (Ash) • There are two general types of job evaluation methods: those that investigate the job as a whole and those that investigate the job from a variety of components. • Surveys are an important tool to assess the competitive forces in the marketplace regarding pay practices. The most critical step in the survey process is obtaining the proper job match.
BUS 434 ASH Course Material BUS 434 Week 3 Quiz (Ash) BUS 434 Week 4 DQ 1 (Performance Standards) (Ash) • 1. Question : The term “going rate” implies that there is • 2. Question : In the following array of data, which value is the 9th decile? • Describe the relevance of performance standards for today's knowledge-directed workers, and how their use will result in a more competitive compensation and benefit strategy.
BUS 434 ASH Course Material BUS 434 Week 4 DQ 2 (Performance Incentives) (Ash) BUS 434 Week 4 Quiz (Ash) • To Compare and contrast when it would be preferable to motivate employee performance through short-term incentives versus long-term incentives, and vice-versa. • 1. Question : The National Association of Suggestion Systems claims that a dollar spent in rewarding suggestions will return ______ dollars in improved operations to the organization. • 2. Question : The size of a bonus received by an operating manager will quite often be determined by all but which one of the following criteria?
BUS 434 ASH Course Material BUS 434 Week 5 DQ 1 (Executive Compensation) (Ash) BUS 434 Week 5 DQ 2 (Benefit Packages) (Ash) • The market trend towards escalating executive compensation reflects the critical importance of an executive to an organization's long-term viability. • Today's globally competitive business environment has caused many U.S. businesses to reduce the value of their employee benefit packages.
BUS 434 ASH Course Material BUS 434 Week 5 Final Paper • Attracting and retaining the most talented employees is essential for long-term organizational success. An important component to attracting and retaining such employees is the design and implementation of an effective compensation and benefit system.
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