HRM Discussion

 

Companies can take one of four approaches to compensation. Which do you think is the best approach? Why?

Frame your post as an argument.

Learn to support your arguments

  • The home-country-based approach. The objective of a home-based compensation program is to equalize the employee to a standard of living enjoyed in his or her home country. The 2016 Cartus Global Mobility Policy & Practices Survey found that 76 percent of long-term assignments and 75 percent of short-term assignments use a home country pay structure.1 Under this system, the employee’s base salary is broken down into four general categories: taxes, housing, goods and services, and discretionary income.
  • The host-country-based approach. With this approach, the expatriate employee’s compensation is based on local national rates. Many companies continue to cover the employee in its defined contribution or defined benefit pension schemes and provide housing allowances. Only 14 percent of long-term assignments and 5 percent of short-term assignments base pay on local rates, according to the Cartus survey.2
  • The headquarters-based approach. This approach assumes that all assignees, regardless of location, are in one country (i.e., a U.S. company pays all assignees a U.S.-based salary, regardless of geography). Cartus found that a small percentage of companies use headquarters-based approaches for long-term assignments (4 percent) and short-term assignments (5 percent).3
  • Balance sheet approach. In this scenario, the compensation is calculated using the home-country-based approach with all allowances, deductions and reimbursements. After the net salary has been determined, it is then converted to the host country’s currency. Since one of the primary goals of an international compensation management program is to maintain the expatriate’s current standard of living, developing an equitable and functional compensation plan that combines balance and flexibility is extremely challenging for multinational companies. To this end, many companies adopt a balance sheet approach. This approach guarantees that employees in international assignments maintain the same standard of living they enjoyed in their home country. A worksheet lists the costs of major expenses in the home and host countries, and any differences are used to increase or decrease the compensation to keep it in balance.
  • Source: https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/designingglobalcompensation.aspx (Note that this source requires a paid subscription to SHRM to view the full article.)

Please post initial response by Saturday at 11:59 pm EST and respond to two students (total) by Tuesday at 11:59 pm EST. 

Unit VI Journal

 

Instructions

The unit lesson explains five international marketing philosophies. Which orientation mostly applies to Maytag’s washers and dryers? Explain why.

Your journal entry must be at least 200 words. No references or citations are necessary.

WK 5 EM PT1

Think about some issues that have arisen in your community where there were leadership barriers for communication? If you were an emergency manager in your community and wanted to express the importance of education and preparedness for emergencies, how would you convince political stakeholders of the importance of educating the community? How would you respond if there was initial negative feedback?

300 WORDS 

Title=PHL Eassy

On the basis of Joseph Vincenzo lectures on YouTube on pre-Socratic philosophy and Plato and the assigned texts of the Pre-Socratic fragments, provide three short essay answers (each being from two to two and a half pages double spaced) to the following questions. Substantiate your key points with textual evidence along with your interpretation of the text. 
How did ancient western philosophy begin?  
What similarities and differences do you find among the teachings of Anaximander, Heraclitus and Parmenides? 
How did Plato creatively assimilate pre-Socratic philosophy? 

Management Challenges

 What do you think future challenges will be for managers in the U.S. as well as globally considering the current economic environment as well as the impact of the COVID-19 pandemic? How do you think these challenges differ from those experienced pre-COVID-19? 

 

Top 10 Challenges Managers Face in 2015: http://online.ben.edu/programs/mba/resources/challenges-managers-face-in-2015 (Links to an external site.) 

The new challenges businesses may face in a world changed by COVID-19: https://www.pbs.org/newshour/show/the-new-challenges-businesses-may-face-in-a-world-changed-by-covid-19

Find a relevant source discussing this topic and share your thoughts when you submit your post.

Remember:

  1. Include a link to the article/video used as a source 
  2. Write a brief synopsis of your article or video.
  3. Answer the questions(s)/prompt(s) above and share your thoughts.

hr discussion

 

 

  • Outline a five-step plan for designing a performance management program in your current organization or for a selected organization of your choice. Elaborate on each step.
  • Recommend two best practices for evaluating an individual’s or team’s performance. Decide on two reward systems that are best aligned with increased performance of the individual or team. Provide a rationale for your response.

Due Friday by 4 pm

Read the following case first; then proceed to the next steps.

A major cosmetics company posted a position on a local jobs board looking for a sales representative. The posting stated “Established fortune 500 company has an immediate opening for sales representative in the New York area. Candidates should have 3 or more years of experience in the cosmetics industry and a proven track record of success in this field.”

Sara and Jim both applied for the position in New York City. Sara is 24 and has 3 years of experience with a rival cosmetics company in their marketing department. Jim has 18 years of experience as a cosmetics representative who has just recently been laid off and is 49 years old. The company decided to hire Sara; and during the interview process, Jim was told that the company thought women were better suited for the cosmetics industry. It was also alluded to during Jim’s interview that the company wanted younger people to promote their product line.

Jim filed a lawsuit with the Equal Employment Opportunity Commission (EEOC) and after a year and a half of litigation, Jim was awarded the job. During this time, Sara had been a very successful employee; however, with only one position available, the company had to fire Sara.

Step 2: Reflection Part

Think about the following:

  • Was this a proper decision by the EEOC?
  • If you worked for the EEOC, how would you have decided on this case? Explain your reasoning.

After you have thought through your position on this scenario, apply your thinking to this week’s philosophers and complete Step 3 – the writing part of this assignment.

Step 3: Writing Part

In 2 pages, explain how Machiavelli and Hobbes would explain the role of the government in this case if they were confronted with this situation. How might they apply the use of power to illustrate their philosophy? Support your analysis with quotes or paraphrases from the philosophers. Use APA format and citation when writing your assignment.

Team-Building

Group and team cohesiveness play an integral role in how goals and objectives are achieved within healthcare organizations. One way to achieve such cohesiveness is through team-building activities. What are some examples of team-building activities that you may have participated in or just heard about? How successful were these activities in achieving team cohesiveness? Why do you believe they were successful or unsuccessful? 200-word minimum w/cited references.

Ledlow, G. R., & Stephens, J. H. (2018). Leadership for health professionals: Theory, skills, and applications (3rd ed.).