Employee Compensation - 3762 Words

EMPLOYEE COMPENSATION According to Gary Dessler compensation refers to all forms of pay going to employees and arising from their employment. The phrase all forms of pay in the definition does not include non-financial benefits, but all the direct and indirect financial compensations. Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction. Compensation systems are basically developed to reward employees behavior so that they are lead to accomplish organizations overall goals and objectives. How is compensation used? Compensation is a tool used by management for a variety of†¦show more content†¦Conduct a job analysis of all positions. †¢ Conduct a general task analysis by major departments. What tasks must be accomplished by whom? †¢ Get input from senior vice presidents of marketing, finance, sales, administration, production, and other appropriate departments to determine the organizational structure and primary functions of each. †¢ Interview department managers and key employees, as necessary, to determine their specific job functions. †¢ Decide which job classifications should be exempt and which should be nonexempt. †¢ Develop model job descriptions for exempt and nonexempt positions and distribute the models to incumbents for review and comment; adjust job descriptions if necessary. †¢ Develop a final draft of job descriptions. †¢ Meet with department managers, as necessary, to review job descriptions. †¢ Finalize and document all job descriptions. Evaluate jobs. †¢ Rank the jobs within each senior vice presidents and managers department, and then rank jobs between and among departments. †¢ Verify ranking by comparing it to industry market data concerning the ranking, and adjust if necessary. †¢ Prepare a matrix organizational review. †¢ On the basis of required tasks and forecasted business plans, develop a matrix of jobs crossing lines and departments. †¢ Compare the matrix with data from both the company structure and the industrywide market. †¢ Prepare flow charts of all ranks for each department for ease of interpretation and assessment. †¢ Present dataShow MoreRelatedEmployee Compensation3771 Words   |  16 PagesEMPLOYEE COMPENSATION According to Gary Dessler compensation refers to all forms of pay going to employees and arising from their employment. The phrase all forms of pay in the definition does not include non-financial benefits, but all the direct and indirect financial compensations. Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfactionRead MoreEmployee Compensation And Benefits Package Essay905 Words   |  4 PagesIntroduction – Employee Compensation and Benefits This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describe the organization I chose for designating a compensation package. Next, this paper will develop an employee compensation and benefits package for this new position. This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describeRead MoreEmployee Compensation Programs Essay1416 Words   |  6 PagesBenefits have most definitely changed throughout the past years. According to Compensation, during 1880 people worked approximately 14 hours every single day except on Sundays and would only receive a raise if they stayed with the company for five years and if the company prospered during that time (Gerhart, 2011, p. 414). Over the next couple of years, employees began seeing work hours change from 60-64 hours per week to 54 hours by the year 1930. Eventually, em ployees were able to have holidaysRead MoreEmployee Compensation And Benefits Packages Essay1537 Words   |  7 PagesIntroduction In today’s competitive workforce, compensation and benefit packages plays a crucial role on recruitment and retention for both the organization and the employee. Bumpbie finds itself in a situation where it could positively affect its employee’s morale, turnover rate and longevity; by making a strategic decision to implement compensation and benefit packages that will encourage current workers to stay and entice new applicants. Money is not always the inherent reason businesses experienceRead MoreEmployee Compensation And Benefits Packages Essay1245 Words   |  5 PagesEmployee Compensation and Benefits Organizations create compensation and benefits packages in order to attract the best talent. In today’s global economy it is imperative that organizations offer compensation packages that are competitive in order to recruit the very best talent in the world. However, in order to be successful, compensation packages must align with business strategies. Authors â€Å"Mathis, Jackson, and Valentine (2014) explain that an effective total rewards approach balances theRead More Employee Compensation and Turnover Essay2623 Words   |  11 PagesEmployee Compensation and Turnover Often, an excessively high turnover rate compared to the industry standard is a symptom of problems within the organization (Gomez-Mejia, Balkin Cardy 1998). Managers must realize that high staff turnover can prove costly, particularly to small businesses (Oliver 1998). Strategies have to be crafted that will minimize turnover and the costs associated with it. Although strategies used to retain employees can be expensive, turnover is a cyclical problemRead MoreEmployee Compensation and Corporate Culture- What Works1736 Words   |  7 PagesAmir Hejazi Employee Compensation and Corporate Culture: What Works? When determining what method to use to compensate employees, a company must be aware of the impact that different compensation methods can have on employee performance, and on organizational culture. Unfortunately, there is no one-size-fits-all answer to the question of employee compensation. Some employees will respond very well to a program that other employees might balk at. Similarly, some companies or industries may flourishRead MoreEmployee Compensation : A Company2085 Words   |  9 Pagescompany you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. Employee compensation is very important in any organization since it helps to mark the established relationship between the employer and employee. Compensation usually encompasses many motivating factors that act as a catalyst to an employee in the cause of work. It has been discovered that organizations with good compensation practices are able to maintainRead MoreEmployee Compensation Proposal1913 Words   |  8 Pagesnot received a proper raise in a couple of years. All while the cost of living has increased. How this would be accomplished would be by proposing a bill to our local governor for him to pass the bill. In order for our employees to receive the compensation they deserve. The nature and extent of the problem is that my current employer does not pay their employees an hourly wage of $10.05/hr during the periods of travel from client to client. Instead they offer their employees $0.38/mile. The factorsRead MoreEmployee Compensation And Relational Analysis1424 Words   |  6 Pagesfor Employee Compensation of June 2017, release by the Bureau of Labor Statistics, the average compensation per hour worked in the United States in the month of June was $35.28. The wages and salaries of these workers were a total of $24.10 per hour correspondingly accounting for 68.3% of the cost. The benefits averaged a total of $11.18 per hour likewise reporting for 31.7% of the cost. (Bureau of Labor Statistics, 2017) I incorporated an attached a pie chart to show the total compensation for all

Euripides Medea As A Play By A Feminist Tragedian

Claimed to be a play by a feminist tragedian, Euripides’ Medea is ultimately strife with themes of otherness and penultimately, stereotypical ancient Greek gender notions. Medea, who is from Colchis, an island considered to be barbarous by the Greeks, falls in love with the Greek hero, Jason of the Argonauts. Together they adventured, creating enemies. After settling in Corinth with their sons, Jason accepts a proposal from Creon, the king of Corinth, to marry his daughter, Glauce, â€Å"as marriage is imposed on women by masters† (Pucci, 66) Now, Medea is the other woman. Being the other woman who must be exiled shows the little value of women. Even though both Medea and her children were being sent away, only Jason’s children are allowed to one day return. It is because â€Å"family is the first means through which the master generates an extension of himself in the future, a sort of immortality for his genos† (Pucci, 103). By family, it is meant specifically sons. Because of this, murdering the children is the best way to hurt her husband. Also, Medea claims that she â€Å"was born unlucky and a woman† (Euripides, 61). By being a woman, she is considered property and therefore, the law is okay with Jason’s new marriage and her exile. With the threat of her impending exile, Medea formulates a vengeful plan against her masters. After Jason violates their marriage vows, Medea searches for the justice of love. This type of justice â€Å"was probably upheld both by religious feelings and byShow MoreRelatedThe Era of Greek Tragedy Essay2487 Words   |  10 Pagesthe god whose cult dominated the Greek Tragic Era (Sifakis, â€Å"Greek Tragedy†). Dionysus was not only the god of wine but of theatre, so indeed the Greeks sought to give him special honor. The honor didn’t last long through the era, however, and the plays quickly lost their Dionysiac qualities shortly after the movement’s birth (Sifakis, â€Å"Greek Tragedy†). Thespis was the first poet credited with writing a Greek tragedy, but the first performances of tragedies in the City Dionysia weren’t recorded untilRead MoreThe Best And Safest Thing1807 Words   |  8 PagesNgo English 102 Ron Peltier 3 December 2014 Medea’s Boundless Roles â€Å"The best and safest thing is to keep a balance in your life, acknowledge the great powers around us and in us. If you can do that, and live that way, you are really a wise man† - Euripides. In ancient Greece, the position of women and men were held in a patriarchal ideology limited by double standards. By definition, double standards mean: men are allowed to have profound behaviors and actions, while women who did the same actionsRead MoreGreek Tragedy And The Morality Of Greek Culture Essay2193 Words   |  9 Pageswas considered the climax of the days long cultural festival of The City Dionysia. At the festival, various types of plays were shown but one of the most popular was tragedy. These tragedies show the main character, usually a god or person of myth, going through human suffering and the terrible sequence of events that followed; and were produced in 472- 401 BCE. In order for a play to be performed at The City Dionysia festival; tragic playwrights would first have to appeal to the state official thatRead MoreQuestions On Ancient Greek Theatre1413 Words   |  6 Pages Aeschylus Rees, Sophocles, Euripides, this three tragedian, their highest achievements of each period not only represents a process of the ancient Greek tragedy art a rise to prosperity and decadence, but also reflects the development of slave egalitarian social life at different stages. At that time, tragedy and comedy are two different styles of play, and no one can combine both features at same time in the ancient Greek theatre. Medea is part of the three ancient Greek tragedy

Nicotine Addictions Free Essays

Nicotine addiction is a serious mental disease and illness. There are currently 1. 35 billion smokers in the world today and that number is increasing at an alarming rate. We will write a custom essay sample on Nicotine Addictions or any similar topic only for you Order Now Nicotine related diseases are the number one killer in the world. It is responsible for more deaths each year than drug and alcohol abuse, car crashes, AIDS, murder and suicide put together. There are few ways to fight this addiction, like rehab, the nicotine patch, nicotine gum, or the new drug, Chantix. Nicotine addiction is a serious mental disease and illness and it affects all ages. To first understand nicotine addiction you first need to understand why we start smoking in the first place and why we get hooked. Most people start smoking to relieve stress or anxiety, other people want to lose weight, teens succumb to peer pressure or they’re trying to look cool. Have you ever wondered why it’s so hard to go without eating, why we feel anxiety when bored and an â€Å"aahh† sense of relief when we finish a task? This was dopamine. When we feel hunger our dopamine pathways are teasing us with anticipation, wanting for food. If we keep wanting the anticipation may build into urges or even craves. Each bite that we take or drag off a cigarette stimulates the dopamine until we had enough and have become satisfied. While family members and loved ones are screaming at the smoker to stop, their brain dopamine pathways are screaming even louder that continuing to smoke is important as life itself. Nicotine addiction is permanent, just like alcohol there is one rule when you quit, just using once you will have to go back. It does not matter how much will power we have, the years of smoking, the recorded years of nicotine feeding have wired your brain for relapse. If this is true, that no matter how much will power you have you will go relapse. Then why are some social smokers able to continue and stop like its nothing while the rest of the smoking population got hooked. These social smokers are referred to as â€Å"chippers. † These â€Å"chippers† account for less than 10% of all smokers. Being immune to nicotine addiction is thought to be from genetics. Smokers who are hooked tend to feel sorry for themselves atching 10% walk away like its nothing, little do they realize they were once chippers to, at least for their first couple of cigarettes. Nicotine addiction affects all ages, there are many children who smoke around the world, take for example Ardi Rizal. Ardi Rizal is a two year Indonesian baby who smokes about 2 packs a day or 40 cigarettes. Smoking is normal in Indonesia it is the world 3rd largest leading tobacco consuming country in the world. A lot of adults who are around children will smoke; they will carry a baby in one hand and a cigarette on the other. His mother wants Ardi to quit, but her motivation for Ardi to quit was more on the spending 4 dollars a day other than his health. If Ardi does not smoke he throws tantrums, he has a scar on his head from running into a wall during one of his tantrums, and he also vomits when he cannot satisfy his addiction. The government has offered to pay the family with a brand new car and 100 thousand dollars if they help the baby stop smoking. Nicotine addiction affects all ages. The road to recovery from nicotine addictions is very hard. The first few days might feel like an emotional train wreck on the average smoker but as each passing day the challenge begins to grow less intense. In fact there are more ex-smokers in the United States then there are smokers! There are roughly 70% of daily smokers who want to stop. But few realize that they’re dealing with a permanent disorder and disease of the mind. A puff of nicotine is all it takes for relapse to occur. Usually it takes multiple fail attempts for the user to actually find the key to success. Every recovery is different, it be days, weeks, months, maybe even years to successfully quit smoking, to not feel the desire of a cigarette. There many types of treatment but no cure, there is the nicotine patch, rehab, nicotine gum and Chantix, Chantix has a 50% chance to help the smoker. Nicotine addiction is a serious mental disease and illness. Nicotine related disease causes 440,000 thousand deaths per year, 36,666 thousand per month, 8,461 thousand per week, 1,205 thousand per day, 50 per hour, in the United States alone. It is the number one killer around the world. Every cigarette that you smoke cuts 5 minutes off your life, the same time it takes to smoke it. Smoking just doesn’t cut a few months off the end of your life; it reduces the life of the average smoker by 12 years. Most people don’t think when lighting up especially teenagers, they don’t care about the cancer it causes, the things that it does to your body and physical appearance, that’s how addicted they are. They willing to ignore these facts for a death trap called tobacco. How to cite Nicotine Addictions, Essay examples