This topic contains a solution. Click here to go to the answer

Author Question: In the past, your HR consultants all worked on salary and bonus, with the amount of the bonus based ... (Read 167 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
In the past, your HR consultants all worked on salary and bonus, with the amount of the bonus based on total billable hours for the year. In light of your new strategic direction, what would be the best way to use monetary incentives?
 
  a. retain the existing system  too much change at once is not good.
  b.
  use a mixture of individual, team and organizational rewards.
  c.
  use a team-based reward system to encourage collaboration.
  d.
  use an organization-based reward system to symbolize the importance of the strategic move.
  e.
  switch to a commission-based system

Question 2

In order to ensure the effectiveness of the new reward system, which of the following criteria is most important?
 
  a. develop new systems to simply the process
  b.
  ensuring pay equity
  c.
  ensuring everyone received the same amount, to reduce jealousy
  d.
  developing a pay grade system is sticking to it
  e.
  none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tuwy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

b

Answer to Question 2

b




DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library