Identify different compensation systems and provide the benefits and disadvantages of each.

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Scenario:  IP 4

 

Billy’s Bar-B-Q is looking to set up a new Texas style restaurant. However, unlike the southern locations, they have come to the realization that things like taste, work ethic, and compensation expectations are different in the north.

 

Compensation and/or benefits employees receive are a reflection of the companies value of the employee’s worth as to that position or the duties required to accomplish the job duties. Compensation could provide motivation for an employee to perform to the best of their abilities, or simply clock in and clock out.

 

In framing your response, research different compensation polices from piece rate systems to hourly to salary:

 

1.Identify different compensation systems and provide the benefits and disadvantages of each.

 

2.Define Comparable Worth and explain how companies attempt to compensate their employees based on such a concept and not violate any federal legislation.

Describe the organization, what it does, the customers it serves, and its size.

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Select an organization (be sure to have your instructor’s approval by Week 3 before starting this assignment) in which you are familiar, if only as a regular patron.

Write a six to eight (6-8) page paper in which you:

1.Describe the organization, what it does, the customers it serves, and its size.
2.Research the organization’s mission statement. Discuss the role HR will play (or does play) in fostering the organization’s mission statement.
3.Assess the common HR challenges facing this organization (e.g., high turn-over, low wages, lack of skilled workers, etc.). Recommend an HR strategy you would implement to overcome the challenges assessed.
4.Determine how effective your recommendation above will be to making the organization more competitive.
5.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

•Explain the human resource management process, its role in supporting the overall organizational strategies, and the various functions involved in human resource management.
•Analyze business strategy to identify human resource requirements and formulate supporting HRM plans that can improve productivity and contribute to the firm’s competitiveness.
Use technology and information resources to research issues in human resource management.
•Write clearly and concisely about human resource management using proper writing mechanics.

Additional Requirements

Other Requirements: Assignment 1: Organizational Analysis

Due Week 4 and worth 250 points

Select an organization (be sure to have your instructor’s approval by Week 3 before starting this assignment) in which you are familiar, if only as a regular patron.

Write a six to eight (6-8) page paper in which you:

1.Describe the organization, what it does, the customers it serves, and its size.
2.Research the organization’s mission statement. Discuss the role HR will play (or does play) in fostering the organization’s mission statement.
3.Assess the common HR challenges facing this organization (e.g., high turn-over, low wages, lack of skilled workers, etc.). Recommend an HR strategy you would implement to overcome the challenges assessed.
4.Determine how effective your recommendation above will be to making the organization more competitive.
5.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

•Explain the human resource management process, its role in supporting the overall organizational strategies, and the various functions involved in human resource management.
•Analyze business strategy to identify human resource requirements and formulate supporting HRM plans that can improve productivity and contribute to the firm’s competitiveness.
Use technology and information resources to research issues in human resource management.
•Write clearly and concisely about human resource management using proper writing mechanics.

What does the WARN Act say that allows the plant to close inside of the 60-day notice period?

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Legal Critical Thinking Exercise

 

Read the following situation:

The local textile plant has a workforce of 55 full-time hourly workers, 12 part-time workers (less than 15 hours per week), and six managers that are salaried. The company has been struggling for about five years and has just lost its only major account with a sporting clothes company. Contract renegotiations have been intense for the past six months, but they collapsed two days ago. There is barely enough cash to pay workers for their last two weeks of work. In order not to incur additional payroll obligations to the workers, the company has called a meeting of all employees to announce the plant’s closing at the end of the week (in two days). Although the workers were not overly surprised, they were overwhelmed that so many would be seeking employment in their small community within the next few days. Even though the hourly workers are to be terminated at the end of the week (in two days), managers (those that are salaried) will receive their pay for another 60 days as they handle the closing of the plant.

Analyze this situation from the perspective of the company managers and the HR department by addressing the questions below. Before beginning your analysis, read Section 639.9 “When may notice be given less than 60 days in advance” of theWorker Adjustment and Retraining Notification (WARN) Act.  To access the WARN Act go to http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&sid=e94b2dfd6265049fd654439f9f738212&rgn=div5&view=text&node=20:3.0.2.1.25&idno=20#20:3.0.2.1.25.0.2.9

 

Answer the following questions in your report:

Do you agree with management’s human resource plan of action for the immediate plant closing? Why or why not? Explain in detail and include the legal implications. What does the WARN Act say that allows the plant to close inside of the 60-day notice period?

What possible alternatives do the managers and HR have in handling this scenario? If no other attractive options exist and they must depart in two days, what kinds of assistance can the plant give the newly unemployed workers? Given the financial restrictions, is outplacement assistance a possibility?

 

Use the given template that is attached to create your report.

 

This needs to have in-text citations and full reference list and needs to be in APA format.  Also, it needs to be plagiarism free.

Create a list of three (3) best practices to follow in the field of contemporary business.

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BUS508 Week 11 Discussion

Week 11 Discussion

“Transfer It” Please respond to the following:

•           Propose two (2) applications of knowledge that you have learned in this course to your current or a future position.

•           Create a list of three (3) best practices to follow in the field of contemporary business.