Looking for help with an assignment? Connect with an assignment Expert Now!

Get Started

Fundamentals of Compensation

Fundamentals of Compensation.

HRMGT 194 – Fundamentals of Compensation

Chapter 7 – Written Assignment

Record your responses after each question listed. Please use a different color FONT for each response. Expecting detailed responses with examples/details/ rationale. 1-2 sentence response not acceptable.

You are a compensation analyst for a pharmaceuticals company located in Los Angeles. Define the scope of the relevant labor markets for chemists and for data entry clerks. Describe the rationale for your definitions.

You have been asked to evaluate whether a company’s pay structure is fair to women and minorities. How would you go about answering this question.

You have been asked to evaluate whether your organization’s current pay structure makes sense in view of what competing organizations are paying. How would you identify the organizations with which to compare your organization? Why might your organization’s pay structure differ from those in competing organizations? What are the potential consequences of having a pay structure that is out of line relative to those of your competitors?

Can companies easily develop compensation packages that are both internally consistent and market competitive? What are some of the challenges to this goal?

Explain the three reasons why companies often choose not to develop their own compensation surveys.

Your organization has two business units. One unit is a long-established manufacturer of a product that competes on price and has not been subject to many technological innovations. The other business unit is just being started. It has no products yet, but it is working on developing a new technology for testing the effects of drugs on people via simulation instead of through lengthy clinical trials. Would you recommend the two business units have the same pay

1

programs for recognizing individual contributions? Why/Why not?

Nutriment is pursuing a differentiation strategy in order to create product that is not offered by their competitors. In order to successfully attract the right staff to ensure Nutriment has a competitive advantage, the company must ensure that their pay structure is competitive in local market while also managing costs.

Nutriment has different job categories that may require different pay strategies. The administrative positions only require Nutriment to match the compensation of their competitors.

The scientists will be more difficult to attract. As such, it is likely that they will need to take a pay lead strategy for their scientist.

Nutriment may also have some concerns with internal consistency of compensation as the market will likely drive them to offer the scientists pay that is significantly more than that of the administrative staff members.

Respond to the following:

What are some strategic considerations in establish a pay structure at Nutriment?

Should HR suggest a pay policy to lead, leg, or match the market? Explain your recommendation.

Fundamentals of Compensation

Write My Capstone Project

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

ORDER NOW

Why choose our capstone project writing service?

R

Grammar & Plagiarism Checks

We use grammar & plagiarism softwares and a Quality Assurance Editing Team to ensure you get a ready to submit paper

R

Quick turn-around Time

We understand how tight deadlines can get and are always eager to work and beat tight deadlines

R

Revisions

To deliver the best results we offer endless revisions to ensure you get just what they asked for

R

Various Subjects

We have writers with varied expertise across different disciplines

R

Personalized Assistance

You get to chat and interact with the writer to ensure the paper meets all standard requirements

R

Track Order

Our interface allows you to easily track the progress of your order on every step

R

Standard Prices

We offer pocket friendly rates across the industry to students

R

Safe & Secure

Your personal data is secure on our website

R

Best Writers

Our writers hold Undergraduate, Postgraduate & Doctoral levels of education

R

Available Support

We have an available support team to help you with any queries you may have regarding your order

R

Custom Written Paper

Our writers write every paper from scratch using recent research to esnure zero chances of plagiarism

R

Progressive Delivery

Longer orders that require outline, drafts and editing can be submitted progressively with no extra charges

R

Full Refunds

We provide full refund on orders that are unsatisfactory. However, we always revise papers to ensure clients are satisfied

R

Native Writers

We have Native writer from U.S.A and Canada to help you with different writings. However, Native writers will attract an extra charge

Place Order in 4 Easy-peasy Steps

Navigate to the ‘Write My Project‘ or ‘Place Order’ button located across different pages on this website and click the button. You will be redirected to our order page to fill and post your assignment

Step 1

Provide Detailed Instructions

  • Provide a suitable title, level of education, Subject and attachment such as rubrics or instructions
  • Select the type of service, formatting required and number of surces
  • Sign up a free account to login and track your order

Make Payment

  • Once logged in to post your order, click the Paypal or Debit/credit card button to proceed to our secure checkout.
  • Make sure you keep your payment information secure
  • Your order will be moved to the ‘Bidding’ section upon payment completion.
  • You can assign a writer based on the top bids or wait for us to assign a writer for you who matches your requirements

Writing Process

  • Once logged in to post your order, click the Paypal or Debit/credit card button to proceed to our secure checkout.
  • Make sure you keep your payment information secure
  • Your order will be moved to the ‘Bidding’ section upon payment completion.
  • You can assign a writer based on the top bids or wait for us to assign a writer for you who matches your requirements

Download Assignment

  • A notification is sent to your email to login and download your readt to submit order
  • Review and either approve or request for revision for your order

We provide help across varied disciplines and writing scopes. We have writers who can handle more than 80 disciplines and different types of writing such as creatives etc. Some of the disciplines that our writers are proficient in but not limited to include:

i

English

i

Finance

i

Law

i

Nursing

i

Accounting

i

History

i

Biology

i

Economics

i

Computer Science

i

Government

i

Maths & Statistics

i

Psychology

i

Art

i

Philosophy

i

Literature

i

Business

i

Sociology

i

HRM

i

Management

i

Political Science

Whether you need to complete a Finance or accounting quiz, Lab report for your biology class or handle a Microeconomics research paper, do not torture yourself. To write a simple essay requires:
Z

Proper Theoretical Arguments

Develop a list of sources to use and a compelling thesis statement
Z

Proper structure and flow

Properly structure your essay from Introduction, Body and Conclusion
Z

Correct formatting

Use appropriate formatting standards based on the required formatting such as MLA, APA, Chicago, Havard and so much more
Z

Proofreading & Error checks

Proofread the paper to make any errors. Run the paper via grammar and plagiarism checks to ensure the paper is original and make ammends
Our Services

These and more are required to deliver high level writing particularly on critical papers such as dissertations. With our capstone project service, you need not stress yourself these and the creativity that comes with handling well-written essays. We help you to let off the stress by handling and delivering a quality and custom written paper because we have done it a zillion times to understand what professors are always looking for.

We are also acquanited with changing techniques and research such as MLA 8th Edition. Further, we have access to varied databases to help our writers access the best available research and sources for use on papers