2-1 tess | Human Resource Management homework help

 

reply to the students’ response and not the question  in 150 words minimum and provide 1 reference. Respond to the students response as though you are talking to them, use name 

question

Please answer the following questions:

  1. What are some advantages of a person-focused pay system at Mitron?
  2. What are some disadvantages?
  3. What approach would you recommend for Holly to take in designing a person-focused pay system?

STudents response

 

If Mitron transitioned to a person focused pay the advantages would that they would have more flexible workforce as they would be paying their people for their skills that they can effectively use verse the hourly rate based on the computers that they are building.  Paying for the skills would prompt or enable employees to gain more skills without risking pay being cut.  This gives them job security and enrichment in the job (Martocchio, p110).  As an employer, it helps to create a leaner force as your people will be able to fill in where there are staffing gaps (Martocchio, p110).  The cost and ability to transition to a person focused may not be feasible.  The initial cost of training is sometimes higher for the organization.  The way compensation is currently being done may not work with the person-focused pay so that would have to be evaluated prior to transitioning (Martoccio, p 113).  A good thing would be first to look at would person-focused be possible with current compensation programs.  If it is not then to see if there are things to do that would be cost-effective that can be changed to make it possible.  Then I would also see if others in the market have done this kind of compensation and see if they have transitioned.  Knowing how others were able to do it could be helpful in knowing what they had issues with so you don’t repeat those mistakes.  If the leadership wishes to proceed forward with the transition, I would get employee buy-in and have them be part of the transition.  This will make it smoother and help in troubleshooting any issues that may come up.

Martocchio, J. (2017). Strategic Compensation: A human resource management approach (9th ed.). Upper Saddle River, NJ: Pearson.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10