StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Discussion board - Assignment Example

Cite this document
Summary
Organizations have compensation plans, but some of the compensation do not meet the requirement standards to make the employees feel motivated to work for the organization. This is because merit pay is not solely adequate to make the employees fully motivated to perform their…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.3% of users find it useful
Discussion board
Read Text Preview

Extract of sample "Discussion board"

Discussion Board Affiliation Discussion Board Organizations have compensation plans, but some of the compensation do not meet the requirement standards to make the employees feel motivated to work for the organization. This is because merit pay is not solely adequate to make the employees fully motivated to perform their work to full capacity. Additionally, unmotivated employees are not likely to even meet the minimum performance that is required of them. For that reason, to ensure that the organization administer merit pay and other incentives fairly they should come up with a payment policy that ensures that employees are paid according to their performance in the workplace (Brown, 2002).

By so doing, most employees will work towards ensuring that the organization achieves their goals, and they get paid adequately because there will be job satisfaction as the payment plans are equal among all employees. The fair distribution of merit pay and other incentives makes the employees feel appreciated in the organization because the employer does not allow bias when it comes to compensating employees. In addition, the employer may come up with a payment plan where they can invest in the strong workers, to ensure that the poor workers work towards getting to where the strong workers are or have achieved.

Additionally, it is a means of cultivating the stronger skills in the country to ensure that this workers stay in the organization and use their skills adequately in the organization. It is important for the organization to come up with a way to gather data to ensure that pay-for –performance is equitable and does not amount to favoring one group. The kind of data that is required include the objectives of every employee in the organization. This is because the employee’s objectives indicate whether the employee has similar goals as those of the organization.

Secondly, the organization requires establishing the performance of the employees by conducting performance appraisals to establish, which employees are using their skills for the benefit of the organization. This is because having another perspective from other employees gives the employer an idea of the strengths and weakness of the employee (Heneman, 2002). The other form of data that can be used by the organization to establish pay for performance is to view the employee’s files and establish their commitment to the organization.

By so doing, the employee sees the progress of the employees and establishes areas where they should invest in relation to talent. Linking pay to objective criteria would help in administering pay in the organization because the employer looks at the benefits that the employees have contributed to the organization. In case the employer does not use that criteria it would mean that he is paying the employees for something, they have not done (Schuler & Werner, 2012). Therefore, having quality control measures, profitability and employee low turnover ensures that the organization achieves their goals.

Additionally, in case the organization does not use such criteria the employees would be hesitant to achieve the objectives that have been set. In addition, with more profits the organization can increase the salaries or give the employees bonuses because they are not using their money to train new employees or finance the organization because they are not making enough to sustain the organization. Therefore, in my opinion linking pay to objective criteria is vital for the organization as it also allows growth.

ReferencesBrown, M. (2002). Paying for performance: An international comparison. Armonk, NY [u.a.: Sharpe.Heneman, R. L. (2002). Linking pay to performance. Greenwich, Conn: Information Age. Jackson, S. E., Schuler, R. S., & Werner, S. (2012). Managing human resources. Mason, Ohio: South Western cengage learning.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Discussion board Assignment Example | Topics and Well Written Essays - 500 words - 4”, n.d.)
Discussion board Assignment Example | Topics and Well Written Essays - 500 words - 4. Retrieved from https://studentshare.org/human-resources/1687265-discussion-board
(Discussion Board Assignment Example | Topics and Well Written Essays - 500 Words - 4)
Discussion Board Assignment Example | Topics and Well Written Essays - 500 Words - 4. https://studentshare.org/human-resources/1687265-discussion-board.
“Discussion Board Assignment Example | Topics and Well Written Essays - 500 Words - 4”, n.d. https://studentshare.org/human-resources/1687265-discussion-board.
  • Cited: 0 times

CHECK THESE SAMPLES OF Discussion board

Discussion Board # 5

Contemporary American writing revels in the writing of authors, who even though are individual and diverse, but have the all-American strain of African America, Asian American, Hispanic American experiences.... The distinct work of each of these writers, even though are diverse and… Short stories like, ‘The Third and Final Continent' by Jumpa Lahiri (Lahiri, 1999)....
2 Pages (500 words) Essay

International business (Discussion Board)

The claims that have been purportedly placed alluding to the fact that WTO is a critical agency in fighting poverty is true and I earnestly agree with this line of thought.... Trade plays a central role in the development and helps in the global allocation of resources, thus… Trade allows a country to better specialize in an area of interest, a factor that would boost productivity, which in turn leads to the development. In Claims That the WTO Is a Critical Agency in Fighting Poverty The claims that have been purportedly placed alluding to thefact that WTO is a critical agency in fighting poverty is true and I earnestly agree with this line of thought....
1 Pages (250 words) Assignment

Business strategy/ Discussion Board

Abeer Bajaber Business Strategy/Discussion board May 22, “Career Path Strategy where you are from, what is yourmajor?... I have sent my application to several universities already.... I believe I am fully qualified to enroll in this course because I have just finished… I have my two months internship at Brazeila Med Spa in Boca Raton, Fla....
2 Pages (500 words) Assignment

Discussion board forum

The two methods differ based on a number of assumptions.... Assumptions include aspect that the pedagogy approach perceives the learner as reliant, expecting the teacher makes the determination of… On the other hand, andragogical approach has a universal understanding that at some point, students undergo natural maturation....
2 Pages (500 words) Assignment

Discussion Board Post Response

What I infer from your discussion is how variance analysis is conducted, its importance, and how it is used in decision making.... I am in total agreement of your discussion.... The trick behind Response to discussion Response to discussion Grace Chang, in my opinion, the value of variance analysis in decision making is clearly noted in your discussion.... What I infer from your discussion is how variance analysis is conducted, its importance, and how it is used in decision making....
1 Pages (250 words) Essay

Discussion Board Post Response

In your discussion, you imply that benchmarking acts as a reference for driving improvements geared towards the highest levels of efficiency and fiscal performance.... Conversely, benchmarking can also help an organization identify implemented strategies contributing to low standards and hence drop them (Kay, discussion Response discussion response Response to Catherine Schneider In your discussion, you imply that benchmarking acts as a reference for driving improvements geared towards the highest levels of efficiency and fiscal performance....
1 Pages (250 words) Essay

Discussion board reply

This is particularly true in my case since I was able to conduct an extensive reading on the subject and I do feel strongly about it… I became partial to merit-based pay scheme since empirical evidences appear to reject major criticisms such as decreased intrinsic motivation and the way it is supposed to be not aligned with other culture and organizations with unionized employees (Heneman and Response: With respect to the theme about performance-based pay as compared to the traditional system, one is bound to hold a strong personal perspective....
1 Pages (250 words) Assignment

Discussion Board Reply

For a business to recruit and retain professionals that are well qualified, it is important to develop a compensation system that would match or surpass the competitors' offers.... As such, one of the most effective ways through which an organization can manage its bottom line is… The study has provided me with a clear insight on how to ensure that competitive employees are motivated towards remaining within an organization with directing focus towards discretionary benefits that meet the specific benefits of such Knowledge on Creating Market Competitive Pay Systems al Affiliation) Knowledge on Creating Market Competitive Pay SystemsFor a business to recruit and retain professionals that are well qualified, it is important to develop a compensation system that would match or surpass the competitors' offers....
1 Pages (250 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us