...Bailey DeVry University Professor: Patricia Meunier-Muenks HRM-430-67386 Compensation & Benefits Compensation Challenges for Wisconsin Electric April 16, 2016 Executive Summary The point of this paper is to look at the compensation challenges inside of Wisconsin Electric (WE Energies) and make a pay methodology that will benefit the organization, as well as the representative. With the steady change in today's business world, to have an upper hand makes it troublesome for managers to pull in and hold the most skilled representatives. Recognizing the organization's compensation procedure guarantees the organization offers the right pay and pay increases in compensation to keep top employees. When we hear the word compensation we consider paying a worker for their work performed, however, there is substantially more to compensation. Compensation and benefits, "incorporates not just compensation, but also the direct and indirect rewards and advantages the representative is furnished with consequently for their commitment to the organization. To decide compensation, companies should build up a pay and compensation program that diagrams a fair process for repaying workers" ("Compensation and Benefits," n.d.). This approach is a critical piece in helping HR to deal with staying aggressive and successful in the worldwide business sector. All through this paper we will talk about the compensation and benefits methodology of WE Energies and recommendations on the most proficient...
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...Edward Brown, president and chief executive officer of Quality Metal Service Center Analysis ROA is the indicator that the company is profitable or the company’s assets generates revenue. The Economic Value Added is a good measure for evaluation of the performance of investment centers, The current compensation system of district managers is affected by his or her region’s performance, 75% was based on district performance and 25% was based on his or her region’s performance. The investment in machine of $540,000, 10 years cash inflow of $286,000 yields PV of cash inflow of $39,182 and a payback period of 4.5 years. Ken Richards proposal can make a lot of profit for the company The bonus of the district managers should be solely based on his district’s performance so that they will not be affected by the poor performance of others or motivation not to perform well because they will still have good bonus if the region performs well while his or her district is not. Reco Accept the capital investment proposal to Quality because the payback period of 4.5 years is lower than the standard of 10 years and QMSC will have positive cash flow. Ken Richards should send the proposal to the home office for approval because this will increase the market share and a lot of profits for the company. EVA will resolve the issue of Columbus District Manager and proposed project will be...
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...Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you, or the business in which you are working? If so, how? Federal Railroad administration controls the regulation. It interests me because this regulation would increase the safety of individuals. I feel really comfortable and safer since I utilize the rail transportation everyday. There were certain railroad incidents in the past, which cause the public to lose trust and doubt the capability of the railroad employees. Hopefully, the well-designed training program would have the potential to reduce risk in the railroad environment therefore; will reduce the frequency and severity of accidents. 2. Describe the proposal/change. Proposal emphasis on the training of the railroad employees perhaps which might reduce the frequency and severity of certain accidents. FRA is requiring that each employer of one or more safety-related railroad employees (whether the employer is a railroad, contractor, or subcontractor) train and qualify each such employee on the Federal railroad safety laws, regulations, and orders that the employee is required to comply with, as well as any relevant railroad rules and procedures promulgated to implement those Federal railroad safety laws, regulations, and orders. The final rule also requires that the training program developed by each employer be submitted to FRA for approval. FRA is proposing a holistic approach including minimum training...
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...Pro Staffing Research for Outsourcing Payroll and Tax Services 03/15/2014 Table of Contents Project Scope 4 Requirements 4 Procurement Advantages 5 Savings Analysis 5 Procurement Disadvantages 6 Risks 6 Scoring Matrix for Procurement Proposals 8 Contractual Analysis 12 Considerations 12 Proposal Information 12 Legal Compliance Subjects 12 Proposal Questionnaire 12 Instructions to Proposers 13 Project Scope Pro Staffing research of outsourcing payroll and tax responsibilities versus in-house or new software package to evaluate which process will better meet the needs of corporation in both cost and quality of services. The analysis shows the cost savings for the procurement average 31% less than in-house management either by current processes or new software. Risk/ liability for Federal Tax withholding and reports is moved to the vendor. Requirements The solution needs to provide minimal 1. Direct deposit or mail for employees and contractual workers regular payroll, bonus pay, and expense checks 2. Handle workers compensation payment 3. Payroll withholding 4. Payroll tax management 5. Knowledge of international payments to employees or contractors 6. Online payroll management by Pro Staffing 7. Web access with required registration access for previous W2 and payroll check information for up to five years 8. Documents should be printable or delivery by mail 9. Strict documented protocol...
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...Request for Proposal An Inventory Control System Just Seeds Unlimited Co. 4105 Stuart Andrew Blvd Unit #3 Charlotte, NC 28217 704.222.2222 Distribution List (TBD) Linnea L. Williams lwilliams.lwilliams@gmail.com PM598 – May 2011 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 5 1.1. General Description of Work 5 1.2. What Must Be Included with Bid 5 1.3. Schedule of Bid Period Activities 6 1.4. Location of Work 6 1.5. Pre-Bid Meeting 7 1.6. Owner Contact for Questions 7 1.7. Pre-Award Surveys 8 1.8. Sealed Bid Requirements 8 1.9. Basis for Bid Evaluation 9 1.10. Ethical Standards 10 1.11. Responsibility for Surety Bonds 10 1.12. Proposal Format 10 1.13. List of Bidders 12 1.14. Letter of Acknowledgment 13 2. DESCRIPTION OF WORK 13 3. PROPOSAL 15 3.1. Breakdown of Bid Price 15 3.2. Revisions and Extra Work 15 3.3. Scheduled Completion Dates 16 3.4. List of Subcontractors 16 3.6. Key Supplier or Contractor Personnel 17 3.7. List of Bid Document Addenda Reviewed by Bidder 17 3.8. Notice of Conflicts or Errors in Bid Documents 17 3.9. Bidder Signature 17 4. SPECIFICATIONS AND DRAWINGS 18 5. GENERAL CONDITIONS AND CONTRACT AGREEMENTS 18 Appendix B 21 Supplier/Bidder List 21 1. INSTRUCTIONS TO BIDDERS The following section entails information that Just Seeds Unlimited Co. requires of bidders when preparing the response bid proposal: 1.1. General Description of Work Provide Just Seeds Unlimited Co. with a fully designed solution for...
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...Request for Proposal An Inventory Control System Just Seeds Unlimited Co. 4105 Stuart Andrew Blvd Unit #3 Charlotte, NC 28217 704.222.2222 Distribution List (TBD) Linnea L. Williams lwilliams.lwilliams@gmail.com PM598 – May 2011 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 5 1.1. General Description of Work 5 1.2. What Must Be Included with Bid 5 1.3. Schedule of Bid Period Activities 6 1.4. Location of Work 6 1.5. Pre-Bid Meeting 7 1.6. Owner Contact for Questions 7 1.7. Pre-Award Surveys 8 1.8. Sealed Bid Requirements 8 1.9. Basis for Bid Evaluation 9 1.10. Ethical Standards 10 1.11. Responsibility for Surety Bonds 10 1.12. Proposal Format 10 1.13. List of Bidders 12 1.14. Letter of Acknowledgment 13 2. DESCRIPTION OF WORK 13 3. PROPOSAL 15 3.1. Breakdown of Bid Price 15 3.2. Revisions and Extra Work 15 3.3. Scheduled Completion Dates 16 3.4. List of Subcontractors 16 3.6. Key Supplier or Contractor Personnel 17 3.7. List of Bid Document Addenda Reviewed by Bidder 17 3.8. Notice of Conflicts or Errors in Bid Documents 17 3.9. Bidder Signature 17 4. SPECIFICATIONS AND DRAWINGS 18 5. GENERAL CONDITIONS AND CONTRACT AGREEMENTS 18 Appendix B 21 Supplier/Bidder List 21 1. INSTRUCTIONS TO BIDDERS The following section entails information that Just Seeds Unlimited Co. requires of bidders when preparing the response bid proposal: 1.1. General Description of Work Provide Just Seeds Unlimited Co. with a fully...
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...Request for Proposal UK‐1357‐14 Proposal Due Date – 04/17/14 Environmental Health & Safety Software‐Based Research Facilities Inspection and Recordkeeping System An Equal Opportunity University REQUEST FOR PROPOSAL (RFP) ATTENTION: This is not an order. Read all instructions, terms and conditions carefully. PROPOSAL NO.: Issue Date: UK-1357-14 RETURN ORIGINAL COPY OF PROPOSAL TO: 3/20/2014 UNIVERSITY OF KENTUCKY Environmental Health & Safety SoftwarePURCHASING DIVISION Based Research Facilities Inspection and 411 S LIMESTONE Title: Recordkeeping System ROOM 322 PETERSON SERVICE BLDG. Purchasing Officer: Joyce Holmberg LEXINGTON, KY 40506-0005 Phone: 859-257-9104 IMPORTANT: PROPOSALS MUST BE RECEIVED BY: April 17, 2014 @ 3 P.M. LEXINGTON, KY TIME. 1. NOTICE OF REQUIREMENTS The University’s General Terms and Conditions and Instructions to Bidders, viewable at www.uky.edu/Purchasing/terms.htm, apply to this RFP. When the RFP includes construction services, the University’s General Conditions for Construction and Instructions to Bidders, viewable at www.uky.edu/Purchasing/ccphome.htm, apply to the RFP. Contracts resulting from this RFP must be governed by and in accordance with the laws of the Commonwealth of Kentucky. Any agreement or collusion among offerors or prospective offerors, which restrains, tends to restrain, or is reasonably calculated to restrain competition by agreement to bid at a fixed price or to refrain from offering, or otherwise, is prohibited...
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...intriguing article that broke down techniques that are utilized or ought to be employed inside an organization based on compensation. It likewise discusses blunders that are regularly made inside an association that are made concerning payment and propose different approaches to right them guaranteeing the organization's objectives are met, and workers are kept satisfied. When it boils down to how employees are rewarded for the part they play in achieving goals put forward by the organization, HR staff, top executives, and managers have a unique part. HR individual has the primary occupation of organizing pay for any association and their resources. Reasonable compensation and benefit strategies take hours of dedication to calibrate yet it does not merit anything if workers feel they are underpaid and unappreciated. A study that was undertaken demonstrated that an exclusive 55 percent of employees are fulfilled by what they earn. With reports indicating how CEOs from top organizations in the U.S are paid 300 times the pay of typical workers, it's hard for that number to be any higher. HR authorities are taking radical measures to change that. It's been proposed that organizations ought to be straightforward, with their employees keeping in mind the end goal to be a society of trust. The U.S Securities and Exchange Commission issued a rule to reveal the compensation of middle laborers contrasted with those of CEO's. This way, it might incite HR departments to restructure how employees...
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...Administrative Agency: Ohio Bureau of Workers’ Compensation The state administrative agency is the Ohio Bureau of Workers’ Compensation. This agency interests me because I am working towards my Master’s in Human Resources. The proposed regulation will not directly affect me or the business I am working. The company I work for already has an employee wellness program in place and is not state funded. Because the program already exists, a workplace wellness grant is not needed nor warranted from the bureau. The workplace wellness grant program proposal is to help mitigate and prevent health risk factors. Preventing and or decreasing health risk factors cuts down health costs verses waiting for an illness to appear and then treating the illness. The proposal is to provide employers with grants to fund a wellness program in order to decrease the amount of workplace injuries and illnesses. The grants will be awarded to state fund employers on a first come first serve basis. In order for the employer to be eligible, they must be up to date on all premiums, fines, assessments and administrative costs. The employer must maintain active state fund coverage in order to remain eligible. If an employer already has a wellness program in place, they are not eligible. My comment is that a workplace wellness program for state funded businesses would be very beneficial to the community. The proposed rule, 4123-17-56.1 - Workplace wellness grant program rule, will agreeably decrease costs associated...
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...largest cities in the United States, and has one of the best highways (and I would argue Infrastructures) in the world. I-10 crossing Beltway 8 is 26 lanes wide. This includes 2 tollway/high occupancy vehicle lanes, 4 regular flow lanes, 3 exiting/merging lanes, and 4 feeder lanes (6 if you include the right turn only lane and the U-turn lane)... on each side. Yet seven days a week, somehow there is always congestion there during daylight hours. Though to be fair, it is never 100 percent stationary. Not even a hurricane could stop the flow of traffic in that area. I-45 just north of I-10 is not quite so impervious. On Sunday, all 4 lanes of I-45 heading southbound before reaching downtown Houston were stopped due to an wedding proposal. Wedding proposals can frequently be burdensome to those around them. Usually, friends and family do not mind being enlisted to help, because they have a rapport with the couple, and would just like be a part the posterity. However, very little burden should be forced...
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...a Request for Proposal (“RFP”) for General Office Supplies. The State Bar is seeking proposals for a contract office stationer for general office supplies and and related services. The State Bar intends to award a master contract designating a single source as the preferred supplier for a period of 3 years, with an option to renew for an additional 1-year term. Please submit 12 copies of your proposal no later than 5 p.m. on April 9, 2010 to: The State Bar of California 180 Howard Street San Francisco, CA 94105-1639 Attn: Andrew Conover Procurement 415-538-2207 andrew.conover@calbar.ca.gov I. INTRODUCTION The State Bar of California (“the State Bar”), created in 1927 by the Legislature and adopted into the California Constitution in 1960, is a public corporation within the judicial branch of state government. The State Bar is a unified, or integrated bar, and membership is mandatory for all attorneys who are licensed to practice law in the state. In addition to its mandated licensing and disciplinary and certification functions, the State Bar offers a number of other programs designed to assist, educate and protect its members and the public. The State Bar has offices located in Los Angeles, Sacramento and San Francisco. More information about the State Bar can be found at http://calbar.ca.gov/state/calbar/calbar_home_generic.jsp?cid=10102 II. STATEMENT OF WORK A. General Scope of Services The State Bar is seeking proposals for delivery of...
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...Steps to Writing a Grant Proposal HSM-270 Sarah Wright August 10, 2014 Kristen Peak The National foundations funding program, Supporting Families will announce the availability of funding by issuing a Request for Proposal (RFP) or Request for Applications (RFA). Peace, Domestic Violence Agency will have about six to eight weeks to submit a letter of intent to the National Foundations, Supporting Families. The letter of intent should describe the proposed program or project, which includes the programs or projects goals, the proposed target population, proposed activities and locations, and names of contact personal. Once the agency has made the deadline for the letter of intent, personal can start drafting the grant proposal. The grant proposal is the written word or presentation of Peace’s program plan. Peace’s grant proposal will include the following: 1. Abstract- Peace’s abstract maybe the shortest section of the grant proposal, however it is the most important because it is the most read part of the proposal. The abstract is what the funding organization sees first it will make the first impression for the rest of the proposal. 2. Table of contents will provide the reader with a road map to understanding the structure of the proposal and will also serve as a checklist and framework to guide the development of the proposal. 3. Specific aims/background will present why the program is needed, the agency is presenting its case and showing...
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...MGMT 5013 Week 2 (22 May 2016) Journal Discussion - SALONEN Title: Emotional labor threatens decent work: A proposal to eradicate emotional display rules Authors: ALICIA A. GRANDEY, DEBORAH RUPP AND WILLIAM N. BRICE Source: Journal of Organizational Behavior; 36, 770–785 (2015) Date of Publication: 21 May 2015 in Wiley Online Library Synopsis: Emotional Labor Threatens Decent Work journal article by Grandey et al is a review and a remedy of the unequal costs of emotional labor borne by the workforce of certain organizations. The authors review the commoditization of required emotional labor over the past three decades and propose eliminating required corporate emotional displays of ie “service with a smile” without proper compensation. The mechanics and definitions of emotional labor are discussed in the article and the authors suggest employers who currently require sustained levels of emotional labor are violating international standards of “decent work”, conduct unethical business practices and do not treat their workers humanely. Required sustained emotional labor is a cause of cognitive dissonance of workers and potentially violates their sense well-being by an abusive customer base. The authors suggest emotional labor for the service industry should have a higher value such as some intellectual work and the workforce compensated accordingly. The authors question the actual productivity and profitability of organizations who require unbalanced emotional labor...
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...[pic] STATE GOVERNMENT DEPARTMENT OF FINANCE AND ADMINISTRATION REQUEST FOR PROPOSALS FOR INFORMATION SECURITY ASSESSMENT SERVICES (ISAS) RFP NUMBER: 427.04-107-08 |CONTENTS | |SECTION | | |1 |INTRODUCTION……………………………………………………………………………….3 | |2 |RFP SCHEDULE OF EVENTS………………………………………………………………..................................6 | |3 |PROPOSAL REQUIREMENTS………………………………………………………………7 | |4 |GENERAL REQUIREMENTS & CONTRACTING INFORMATION………………….…..9 | |5 |PROPOSAL EVALUATION & CONTRACT AWARD…………………………………....13 | | | |RFP ATTACHMENTS: | | ...
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...achieve but would not sacrifice the deal if not obtained 4. What are your entry and exit limits? 5. Entry terms should be reasonable 6. Exit terms are your “walking away” positions 7. All prepared positions could be revised if circumstances suggest changes are advisable * Phase 2-Discovery -Ask open ended questions “How’s business?” “What do you hope to get out of today’s negotiation?” -Listen for clues to what they really want, take notes, the more they talk the better -What criterion are you using? What are your priorities? How do you calculate those numbers? How do you feel about this issue? -Keep doors open, if a “No” ask why, find solutions -Never say “no”, but ask a question, if we agree to this proposal, what would you be willing to offer in return? Look for signals -Our normal price is… (they may have a special price for special circumstances) -It would be extremely difficult…(but not impossible) -We do not want to be locked into this deal…(they need an...
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