...Internal and External Equity Comparison Edgar Martinez HRM/324 September 10, 2012 Annette Clark Davis Internal and External Equity Comparison In today’s competitive globalized economy, an organization’s approach to equity and its perception of equity can affect an organization’s ability to captivate, retain, and motivate its employees. Therefore, external as well as internal equity play an important role in an organization’s design of its compensation structure. In this essay, it shall examine the total compensation plans for the Home Depot Corporation and IBM Global Services, focusing on internal as well as external equity. Additionally, it shall also review the various advantages as well as disadvantages of internal and external equity for both organizations. Finally, it will provide an explanation to how each plan supports each organization total compensation objectives as well as the relationship of the organization’s financial situation to its plan (University of Phoenix, 2009). Internal and external equity An Organization that notably uses internal equity to form its pay structure is the Home Depot. The Home Depot’s internal equity exist because of its pays wages and hiring processes designed to fit each store budget, instead of hiring people with the skills to do the job at a market rate pay. The Home Depot’s decentralized stores use an elitist compensation system with different compensation plans by organization level and incentives offered only to...
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...Strayer University 11 They Can Do It! You Can Help! Home Depot Victoria James-Smith Talent Management-HRM532 Dr. Cecile Massé, PhD They Can Do It! You Can Help! A Look At Talent Practices At The Home Depot Abstract In today's global economy, companies must continually invest in talent management of its personnel. In the role of being a business partner, HR leaders must work closely with management to attract, hire, develop and retain talent. Yet the shortage of skills today presents various issues and challenges both socio-economic and cultural as talent crosses borders and its prospects are fewer. Thus, in view of the workforce changes with issues such as shifting demographics, global supply chains, the aging workforce and increasing global mobility, organization culture must shift to become forward-looking organizations. That is organizations which must rethink their approach to talent management to best attract talent. By doing so, this will result in organizations being positively positioned to succeed in a highly competitive marketplace. In addition, organizational culture, employee engagement and leadership development have a significant impact on talent retention. Taking these factors into consideration, what will develop will be an integrated approach to talent management which offers a pathway toward sustaining achievable, outstanding business results. Competitive Advantage Home Depot realized that in order to have and to maintain a competitive advantage...
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...They Can Do it! You can help! Home Depot’s Plan Home Depot had several intentions regarding the use of it organizational talent to gain a competitive advantage in the Do It Yourself Industry. The first of these understanding is that talent was the most important element in being a competitor and developing a reputation of having an outstanding staff. Home Depot realized they needed very qualified leaders to assist with finding talent. The second of these intentions were to have limitless and diverse channels of entry into Home Depot to mold personnel into program that would build leadership. Once they acquired the leadership talent they began to prepare them for bigger roles within the company. They began to focus on the bigger picture by: Their focus is the result of many things: * Embedding the enduring importance of human capital to corporate success. * Internalizing the importance of engaged associates in creating a superior customer experience. * Experiencing unprecedented growth in challenging employment markets. * Acknowledging significant changes in workforce and consumers demographics. * Understanding that talented associates tend to leave leaders, not companies, and therefore the competency and preparedness of leaders is paramount to ongoing success. When Home Depot began to focus on these key factors they were successful with opening new channels for recruiting the best talent that they could obtain. Recruiting Talent Home Depot developed...
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...HRM 532-Talent Management Discuss how the leadership at Home Depot intended to use its organizational talent to gain a competitive advantage in the Do It Yourself industry. The Home Depot is the second largest retailer in the world. With that title there is a need to employ a lot of employees. According to the case there are approximately 17,000 leaders into positions each year on average. This is a range from the front line supervisors to executive line supervisors. Unlike most company the Home Depot has more than 80 percent of leadership placements are internal promotions. With that high rate of internal promotion there has to be a seamless pipeline to develop that talent and still have the competitive advantage. That comes from their talent which they take very seriously. The key competitive differentiator in a company that built its reputation and case on knowledgeable associates, problem solving, and superior customer service (Silzer p 657) . The case also goes into detail and explains that the Home Depot was able to keep this focus was by doing the following: • Embedding the enduring importance of human capital to corporate success. • Internalizing the importance of engaged associates in creating a superior customer experience. • Acknowledging significant changes in workforce and consumers demographics. All of these factors help maintain the spot as the second largest retailer in the world. They put enfaces on the people and the service that they...
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...Executive Summary Human resource management is a sensitive issue in an organization. The performance of any organization is determined by the workforce management practices in place. Owing to the competitive nature of workforce management, human resources are managed strategically (Aghazadeh 2003, p. 201). In this paper, a case study of strategic human resource management has been done. The company considered is called Home Depot. The paper briefly explores the company and its human resource strategy that was found to be diversity management. Thereafter, the paper has explored possible problems that company faces as a result of its diversity strategy. In response to the problems, the paper suggests inclusion of employee relation model in the diversity strategy already in place before making related recommendations and collusion. 1.0 Overview of the Organization The organization considered in this case study is a retail business company called Home depot. Home Depot is an American company retailing in construction and home improvement products. The company was founded in 1978 by Ron Brill, Bernie Marcus, Pat Farrah, and Arthur Blank. The initial focus during its inception was to come up with a home improvement warehouse. The company commenced with two stores in Metro Atlanta. Going by the success and good market reception from the public, the company invested further within the same line by establishing two more stores in 1979. At the time of its establishment, the company...
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... Siberian Husky’s : Informative Speech Outline I. Introduction A. Attention Getter: Siberian huskies served valiantly in the army's arctic search & rescue unit of the air transport command during WWII and in the BYRD Antarctic expeditions. OR Did you know that some people say that this breed can put the “H” in Houdini because unless they have a fenced in yard they are known to be escape artist and enen then sometimes a fence does not stop them! B. Purpose Statement: I will be informing everybody about some if the history of the Siberian Husky’s along with some general information such as their temperament, general care which includes food, exercise they need and such stuff. C. Significance Statement: I feel this information is relevant to know because not many people even know the most basic thing about the breed of the dog they own if it’s a Officially a state dog or even if it’s a breed that is well known for having Health issues that they should be on the lookout for. D. Preview Statement: First I will be giving you a brief history of the Siberian Husky’s along with some of their most noted achievements as a breed. Second, I will inform you about the general care they need along with if they have any health issues you should be on the lookout. Major Transition: So First the Husky is believed to have originated in among the Chukchi people, of northeastern Asia as an endurance sled dog. ***************************************************** ...
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...Seahawks Fans Discover Beer Hijinks Tickets to watch an NFL game aren’t cheap, and for those of us who don’t have corporate entities sponsoring our fandom and nacho habit, the opportunity to attend one is a big deal. We wear jerseys to be properly attired, take photos so we can be properly nostalgic and buy overpriced beers to get properly inebriated. And because we go through so much to make cheering on our football team a big event, most of us are even willing to splurge on the big beers. Support the team, right? Everyone is in this together. Unless they aren’t. Two intrepid Seahawks fans noticed something curious recently about the beer cups they had just purchased at Qwest Field in Seattle. The medium 16-ounce – which sold for $7.25 – and the large 20-ounce – which sold for $8.50 – held exactly the same amount of beer! Though it didn’t take a very complicated experiment to prove this hypothesis, the company that manages the stadium – First & Goal – was willing to admit the liquid discrepancy after an “internal investigation”. Representatives were also unsure how or when the conundrum began. The other issue confounding First & Goal was simply why there was so much outrage. After all, people who paid only $7.25 for a 20-ounce beer should feel like they won a mini, alcoholic lottery, right? Some of them may have, but in cases like these, the more vocal group is typically the one who feels more slighted. And for the long-suffering Seattle fans who remember...
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...McDonald’s for failing to reduce the amount of trans fat the company used in its cooking process. In 2002, McDonald’s had publicly announced that, by February 2003, they would voluntarily begin using an “improved cooking oil” to prepare their fried foods. Do so would significantly reduce the amount of trans fat in their products by 48% ("Mcdonald's exposed for," 2004). McDonald’s withdrew their promise and did not switch over to a cooking oil with less trans fat, nor did they reveal to consumers that the conversion did not take place. The company claims that they changed their minds when customers began complaining that they did not want the taste of McDonald’s food to change (Horovitz, 2007). BTF accused McDonald’s of false advertising, deceiving consumers, and not taking the health of their consumers into consideration. In their lawsuit, BTF claimed that “McDonald's failed to make clear to customers that the type of oil used to fry its foods (which contains TFAs) had not been changed” ("Responsible shopper," 2005). BTF did not seek monetary damages, they only asked that McDonald’s publicize their failure to switch over to the healthier cooking oil and make that conversion as soon as possible. McDonald’s claimed that it was taking longer than expected to change to a new oil, but they were working on implementing the exchange. They did not provide any information as to how long they expected this to take. The company’s Chief Operating Officer stated that, "While speedy implementation...
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...Organic oils Organic oils are produced in remarkable diversity by plants, animals, and other organisms through natural metabolic processes. Lipid is the scientific term for the fatty acids, steroids and similar chemicals often found in the oils produced by living things, while oil refers to an overall mixture of chemicals. Organic oils may also contain chemicals other than lipids, including proteins, waxes and alkaloids. Lipids can be classified by the way that they are made by an organism, their chemical structure and their limited solubility in water compared to oils. They have a high carbon and hydrogen content and are considerably lacking in oxygen compared to other organic compounds and minerals; they tend to be relatively nonpolar molecules, but may include both polar and nonpolar regions as in the case of phospholipids and steroids.[6] Mineral oils Crude oil, or petroleum, and its refined components, collectively termed petrochemicals, are crucial resources in the modern economy. Crude oil originates from ancient fossilized organic materials, such as zooplankton and algae, which geochemical processes convert into oil.[7] The name is a misnomer, in that minerals are not the source of the oil - ancient plants and animals are. Mineral oil is organic. However, it is classified as "mineral oil" instead of as "organic oil" because its organic origin is remote (and was unknown at the time of its discovery), and because it is obtained in the vicinity of rocks, underground...
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...Anything NOT on the list is forbidden ... for now: Shellfish: Prawns are allowed during the attack phase 1 Lean beef and veal or rabbit, not pork or lamb (trim all fat and avoid ribs as too fatty). Eat meat grilled, roasted or boiled and without using butter, oil or cream (not even low-fat versions). You could also 'dry fry' it - rub the surface of a frying pan with a few drops of oil on kitchen paper. Lean minced beef can be prepared as burgers or meatballs (mixed with an egg, spices, capers or gherkins) or enjoy frozen beefburgers (if less than 10 per cent fat). 2 All chicken and turkey (not goose or farmed duck) but remove skin before eating and avoid the outside part of the wings (too fatty). 3 Ham if low-fat and lean, also cut rind off. Avoid deli, cured, and smoked hams (too fatty). 4 Beef, veal or chicken liver. 5 All fish white or oily, fresh, frozen, dried, smoked or canned (but not in oil or in any sauce containing fat), even crab sticks. 6 All crustaceans and shellfish. 7 Up to two eggs a day. Stick to 3 to 4 yolks per week if you have high cholesterol, but the white can be eaten without restriction. 8 Non-fat dairy products such as 0per cent yoghurt, fromage frais, quark, cottage cheese, and skimmed milk. Natural ( plain) and flavoured yoghurts (coconut, vanilla, lemon) are allowed without restriction, but non-fat fruit yoghurts (containing fruit puree) should be limited to two a day (or avoided if you want a lightning start to your attack phase)...
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...improve concentration and mental sharpness. Alan Hirsch MD studied peppermint's ability to directly affect the brain's satiety center, which triggers a sensation of fullness after meals. This powerful essential oil is often diluted before topical application. Peppermint may also be used to enhance the flavor of food and water. Peppermint has an approximate ORAC of 373,455 (TE/L). TE/L is expressed as micromole Trolox equivalent per liter. [pic] EarthKosher Certified How to Use For dietary, aromatic, or topical use. When using as a supplement, dilute one drop in 4 fl. oz. of liquid such as goat's or rice milk. Possible skin sensitivity. If pregnant or under a doctor's care, consult your physician. Dilution recommended for both topical and internal use. Do not apply neat to a fresh wound or burn. Dilute before using on sensitive areas such as the face, neck, genital area, etc. Keep out of reach of children. Avoid using on infants and very small children. Product Tips • Add a drop of peppermint essential oil to herbal tea to help aid normal digestion. • Massage several drops of peppermint essential oil on the abdomen, place a drop on wrists, or inhale to soothe the minor stomach discomfort associated with travel. • Rub one drop of peppermint essential oil on the temples, forehead, over the sinuses (careful to avoid contact with your eyes), and on the back of the neck to relieve...
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...given substance. Density can be expressed using the equation: ρ=mv Specific Gravity is the measure of the measure of density relative to the density of a reference substance. (ex. Water) In can be expressed using the equation: S.G. =ρ sub.ρ water=m ofsusbtancev of substancem of waterv of water If, Vsub=Vwater then, S.G. =MsubMwater 2. If 54.96 mL of oil weighs 52.78g, what is its specific gravity? Given: Voil = 54.96 mL Moil = 52.78 g Formula: ρ=mv S.G. =ρ sub.ρ water Solution: Voil = 52.78 g54.96 mL = 0.9603 gml S.G. =0.9603gml1gml = 0.9603 3. A pycnometer weighs 50.00g. When filled with water, it weighs 100.00g. When filled with oil, it weighs 94.00g. Determine the specific gravity of the oil. Given: mpycnomter = 50.00g mpycnometer + water = 100.00g mpycnometer + oil = 94.00g Formula: mwater = mpycnometer + water - mpycnometer moil = mpycnometer + oil - mpycnometer Since Voil = Vwater then; S.G. = MoilMwater Solution: mwater = 100.00g – 50.00g = 50.00g moil = 94.00g – 50.00g = 44.00g S.G. of oil = 44.00g50.00g = 0.88 4. An insoluble powder weighs 12.00g. A pycnometer, weighing 21.00g when empty, weighs 121.00g when filled with water. When the powder is introduced into the empties pycnometer, and the pycnometer is filled with water, the three together weighs 130.00g. What is the specific gravity of the powder? Given: mpowder = 12.00g mpycnometer = 21.00g =...
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...John Molson School of Business, Concordia ACCO 310: Section AA Fall 2012 Annual Report Project Husky Energy Inc. Vs. Suncor Energy Inc. Presented by: Brittany Weekes - 6323677 Victoria Zillic - 9235477 Kwun Chung - 6290337 Ye Zhang - 5894352 Submitted to: Professor M. Sellors Date: November 27, 2012 Table of Contents Introduction 1 The Companies 2 Husky Energy Inc. 2 Investments 2 Suncor Energy Inc. 3 Investments 3 The Industry 4 Stock Performance 6 Ratio Analysis 8 Risk Factors 10 Commodity price risk 10 Regulatory risk 10 Sovereign risk 11 Earnings per Share (EPS) 12 Conclusion 14 References 16 Appendices 17 Appendix 1: Husky's Production - December 31st, 2011 17 Appendix 2: Suncor's Production – December 31st, 2011 18 Appendix 3: Ratio Interpretation 19 Appendix 4: Husky’s Basic EPS – December 31st, 2011 20 Appendix 5: Suncor’s Basic EPS – December 31st, 2011 20 Appendix 6: Husky's Financials 21 Appendix 7: Suncor's Financials 24 Introduction The purpose of this report is to carry out a financial analysis on Husky Energy Inc. and Suncor Energy Inc, to determine which of these two companies make up the appropriate energy-related exposure for our client’s stock portfolio. Thus, a financial analysis evaluation will be presented for the above mentioned companies as well as a reasoned investment recommendation to support our proposal. Acting as financial analysts, our team will reveal the macro and micro...
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...dōTERRA is a company that sells certified pure therapeutic grade (CPTG) essential oils. These oils are used for healing, losing weight, lifting your mood, and many other purposes as well. They are made from the seeds, stems, roots, flowers, bark, and other parts of plants. They are produced to provide the most beneficial, all natural healthcare available today. There is one particular essential oil that I want to focus on. This oil is called Deep Blue. It is used for healing achy muscles, arthritis, headaches, and sore joints. It also comes in a lotion rub form that is very easy to apply to the area when needed. Deep Blue Rub is in a squeeze bottle that was made so that it doesn't take much effort to use. Anyone can easily open the lid and use this wonderful product. Deep Blue Rub is made out of the purest ingredients to be the most beneficial to those who suffer from pain or inflammation in muscles and joints. It is made from the essential oils: Wintergreen, Camphor, Peppermint, Blue Tansy, German Chamomile, Helichrysum, and Osmanthus (a flower located in China). I have used Deep Blue many times before. When I got injured and strained my muscle, I applied it to the area, and immediately felt relief. Not only did Deep Blue take the pain away, but it helped heal my strained muscle faster than it would have on its own. I have also suffered from knee injuries that caused me severe pain, inflammation, and swelling. I used Deep Blue Rub and I was able to do physical therapy without...
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...Make Children Healthy using Oregano Oil An Investigatory Project Submitted by: Aaliyah Maxine Rochelle Pangan Grade 4 St. Catherine Submitted to: Ms. Casiñas II. Rationale Your community is where you live in with your neighbors, so you got to keep it safe and healthy. By observing your community, you may get to know about it, get to know its problems and investigate the source of the problems. It is exciting to investigate because you can help your community to solve the problem. The researcher observed that children don’t like to eat vegetables that much. This can cause problems in their nutrition. Even if they are young, their lives won’t last long because they lack vitamins and the proper diet to give them energy. She will make an experiment to help the children be healthy again and help her community become strong. III. Related Literature A. Oil and its Uses An oil is any neutral, nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (immiscible with water, literally "water fearing") and lipophilic (miscible with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable andslippery. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal,vegetable, or petrochemical in origin, and may be volatile or non-volatile.[1] They are used for food, fuel,...
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