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• BUS 434 ee * +, * (Emplo-ee Satisfaction) • BUS 434 ee * +, (/lobal a0e "ates) • BUS 434 ee * ,ui1 • BUS 434 ee +, * (Compensation S-stem) • BUS 434 ee +, (2ob +escriptions) •
BUS 434 ee ,ui1 • BUS 434 ee 3 +, * (2ob E aluation #etho s) • BUS 434 ee 3 +, (Sur e- 5reparation) • BUS 434 ee 3 Assi0nment Emplo-ee "elations #ana0er 5aper
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BUS 434 ee * +, * (Emplo-ee
Satisfaction) (Ash)
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• 6Emplo-ee satisfaction relates irectl- to income obtaine from &o r performe an the lifest-le opportunities ma e a ailable to the&or ers an their families from this &or 7relate income.6 Elabora te on the lin bet&een &or 7relate income an emplo-ee satisfact ion in to a-8s &or place
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BUS 434 ee * ,ui1 (Ash)• ! " # ! " E C $ A E % I I T
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• *. ,uestion < All but &hich one of the follo&in0 con itions
&ill influence =obs an =ob7relate opportunities in the future> • . ,uestion < hich of the follo&in0 is a noncompensation
benefit rather than a compensation benefit>
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BUS 434 ee . +, * (Compensa
tion S-stem) (Ash)
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• A basic premise of a mar et7base econom- is that each in i i ual
has the opportunit- ? throu0h e ucation9 e:perience9 har 9 &or 9 e tc. ? to impro e his or her =ob earnin0 potential. As a result9 someemplo-ees ma- en=o- 0reater earnin0s than their collea0ues. Asses s ho& an
• or0ani1ation can create a fair9 mar et7competiti e compensation s
-stem that pro i es 0reater re&ar s for those &ho earn it9 -et is i e&e as fair an e;uitable b- the or0ani1ation.
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BUS 434 ee . +, . (2ob +escr
iptions) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• To a-9 there is consi erable ebate &hether =ob escriptions shoul
be broa er an more 0eneric9 ersus narro& an more specific.+istin0uish bet&een the a anta0es an isa anta0es of each ap proach9 an &hich -ou see as the more preferable approach.
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BUS 434 ee . ,ui1 (Ash)• ! " # ! " E C $ A E % I I T
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• *. ,uestion < An or0ani1ation8s @@@@@@@@@@@@@ escribe
oa or 0eneral alue7la en terms &hat the or0ani1ation &ishes toaccomplish in the lon0 term the in of pro uct it inten s to pro i e an ho& it inten s to pro i e it.
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BUS 434 ee 3 Assi0nment Emplo-ee "elations
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• The most effecti e compensation strate0- is one that e elops a cl
ear lin bet&een< • or that an emplo-ee is e:pecte to perform (t-picall- etaile in
the =ob escription) • or that the emplo-ee performe (t-picall- etaile in a perform
ance e aluation) • an 9 finall-9 pa- pro i e to each emplo-ee (t-picall- etermine t
hrou0h e:ternal sur e- an internal e;uit-).
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BUS 434 ee 3 +, * (2ob E alu
ation #etho s) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• There are t&o 0eneral t-pes of =ob e aluation metho s< those that i
n esti0ate the =ob as a &hole an those that in esti0ate the =ob fro m a ariet- of components. Choosin0 one =ob e aluation metho 9 e :amine ho& that metho &oul be the preferable approach to atta in comparable &orth throu0hout the or0ani1ation9 an &here it &o ul not be the preferable approach.
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BUS 434 ee 3 +, . (Sur e- 5r
eparation) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• Sur e-s are an important tool to assess the competiti e forces in t
he mar etplace re0ar in0 pa- practices. The most critical step in th e sur e- process is obtainin0 the proper =ob match. or an or0ani1 ation -ou are familiar &ith9 i entif- a position that &oul be the m atch to utili1e in -our sur e-9 inclu in0 a brief iscussion on the li mitations of usin0 this position to etermine -our or0ani1ation8s o
erall salar- competiti eness in the mar et.
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BUS 434 ee 3 ,ui1 (Ash)• ! " # ! " E C $ A E % I I T
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• *. ,uestion < The term 0oin0 rateD implies that there is • . ,uestion < In the follo&in0 arra- of ata9 &hich alue is
the th ecile> • 3. ,uestion < #an- specialists &ho ma e e:tensi e use of
sur e- ata belie e that @@@@@@@ alues pro i e aluable informatio n for establishin0 minimum an ma:imum pa- alues for a =ob ora 0ra e.
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BUS 434 ee 4 +, * (5erforma
nce Stan ar s) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• +escribe the rele ance of performance stan ar s for to a-8s no&
le 0e7 irecte &or ers9 an ho& their use &ill result in a more co mpetiti e compensation an benefit strate0-.
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BUS 434 ee 4 +, . (5erforman
ce Incenti es) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• To Compare an contrast &hen it &oul be preferable to moti ate
emplo-ee performance throu0h short7term incenti es ersus lon07 term incenti es9 an ice7 ersa.
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BUS 434 ee 4 ,ui1 (Ash)• ! " # ! " E C $ A E % I I T
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• *. ,uestion < The Fational Association of Su00estion S-ste
ms claims that a ollar spent in re&ar in0 su00estions • &ill return @@@@@@ ollars in impro e operations to the or0ani1atio
n.
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BUS 434 ee G +, * (E:ecuti
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• Construct an ar0ument supportin0 -our position< • The mar et tren to&ar s escalatin0 e:ecuti e compensation refle
cts the critical importance of • an e:ecuti e to an or0ani1ation8s lon07term iabilit-.
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BUS 434 ee G +, . (Benefit 5
ac a0es) (Ash)• ! " # ! " E C $ A E % I I T• &&&.bus434assist.com• '
• To a-8s 0loball- competiti e business en ironment has cause ma
n- U.S. businesses to re uce the alue of their emplo-ee benefit pa c a0es. E:amine ho& an or0ani1ation can maintain its costl- benefi t structure &hile remainin0 competiti e a0ainst countries &hose co mpanies o not offer such benefits.
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BUS 434 ee G inal 5aper Hollan Enterprises Compensation
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• inal 5aper • Attractin0 an retainin0 the most talente emplo-ees is essential f
or lon07term or0ani1ational success. An important component to a ttractin0 an retainin0 such emplo-ees is the esi0n an implemen tation of an effecti e compensation an benefit s-stem.
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US 434 ASSIST professional t
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