...SCHOOL OF BUSINESS ADMINSITRATION BACHELOR OF BUSINESS ADMISNITRATION Semester: Fall 2015 – 2016 Course Title Performance & Compensation Course Code HURM402 TITLE OF Case Study APPRAISING PERFORMANCE AT PRECISION In submitting this work, I am confirming that it is all my own work, or the work of my group. I have correctly acknowledged the work of others by using references. Once my work is submitted to Turnitin, it becomes part of the database that subsequent works are checked against. Full Name of Student: Submission Date: Nov 27th, 2015 Assessment: CASE-2 Semester: Fall Academic Year: 2015 ------------------------------------------------- ------------------------------------------------- Date of Case-2 Handover Nov 20th, 2015 ------------------------------------------------- ------------------------------------------------- Time Period Start time: 02:00 PM End time: 03:00 PM ------------------------------------------------- ------------------------------------------------- Duration of Case-2 Handover 2 weeks (Due Date: 4th Dec, 2015) ------------------------------------------------- ------------------------------------------------- Number of Case-2 Handover Pages 7 pages (Including this cover sheet-1) ------------------------------------------------- Marking Scheme: Question | Score | Marks | CLO | Achieved | 1 | 7.5 | | 5 | □ Yes □ No | 2 | 7.5 |...
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...Pay for Performance through Strategic Planning Introduction Because studies have shown time and again that pay represents one of the most important factors involved in retaining qualified employees, it is little wonder that there has been a great deal of attention focused on how best to compensate employees for their performance in recent years. Moreover, because employee performance and productivity is inextricably related to organizational profitability, these issues have assumed new relevance and importance in the current economic environment. There have been some mixed reviews concerning pay-for-performance approaches to enhancing employee performance, though, that suggest there is more involved than simply throwing money at top performers. Despite these constraints, many authorities suggest that pay-for-performance programs have a lot to offer organizations seeking to identify better ways to improve employee performance. In this regard, Miller, Hildreth and Rabin (2012) note that, “Individual incentives have a central role to play in the success of most conceptual schemes related to performance. Such plans, while very difficult, have large possibilities; seemingly insurmountable obstacles can be overcome if the emphasis moves to the employee's relative needs for power, affiliation, and achievement” (p. 230). These are tall orders for any human resource manager and an organization’s leadership, though, and the fact remains that measuring individual performance is a complicated...
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...Management Department Faculty Publications Management Department 1-1-2014 Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological and Economic Principles Toward a Contingency Perspective Anthony J. Nyberg University of South Carolina, Anthony.Nyberg@moore.sc.edu Jenna R. Pieper University of Nebraska-Lincoln, jpieper@unl.edu Charlie O. Trevor University of Wisconsin-Madison, ctrevor@bus.wisc.edu Follow this and additional works at: http://digitalcommons.unl.edu/managementfacpub Nyberg, Anthony J.; Pieper, Jenna R.; and Trevor, Charlie O., "Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological and Economic Principles Toward a Contingency Perspective" (2014). Management Department Faculty Publications. Paper 111. http://digitalcommons.unl.edu/managementfacpub/111 This Article is brought to you for free and open access by the Management Department at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Management Department Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Published in Journal of Management 2014 ; doi: 10.1177/0149206313515520 Copyright © 2013 Anthony J. Nyberg, Jenna R. Pieper, and Charlie O. Trevor. Published by Sage Publications for Southern Management Association. Used by permission. digitalcommons.unl.edu Pay-for-Performance’s Effect on Future Employee Performance: Integrating Psychological...
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...Wometco Home Theater From Wikipedia, the free encyclopedia Jump to: navigation, search This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (March 2011) Wometco Home Theater Launched 1977 Closed 1986 Owned by Wometco Enterprises Picture format 480i (SDTV) Country United States Language English Broadcast area New York metropolitan area Headquarters Fairfield, New Jersey The Wometco Home Theater (WHT) was an early pay television service in the New York City area, that was owned by Miami-based Wometco Enterprises, which owned several major network affiliates in mid-sized media markets and its flagship WTVJ in Miami (then a CBS affiliate on channel 4, now an NBC owned-and-operated station on channel 6). The signals were broadcast beginning in August 1977 on WWHT-TV (channel 68) and later on WSNL-TV (channel 67) out of Smithtown, New York. The service had ended by 1986. Contents [hide] 1 Overview 2 List of Wometco Home Theater affiliates 3 References 4 See also Overview[edit] Wometco Home Theater descrambling box. Initially subscribers paid $15 for a set-top descrambling box that allowed subscribers to view channel 68's scrambled television signals (a later addressable, 2-channel version of this descrambler was developed under vice president of engineering...
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...Memorandum To: Asi Clen, Deputy Chief of Planning & Operations CC: Jay Willie, Director of Maintenance & Transportation From: Danisha Benjamin, Accountant Date: February 11, 2012 Subject: Request for Permission to Research Employee Parking Lot Construction Introduction The purpose of this memo is to request permission to pursue research on the opportunity of constructing a secured parking lot for employees of the Department of Human Services (DHS). With over 1,000 employees and over 300 clients daily, the Department of Human Services is one of the busiest organizations located on Hospital Street, St. Thomas. Besides Human Services, Bergs Home, a housing community known for criminal activities and Bethlehem Shelter, a temporary housing for the needy, are located in this area. At the rear of the building, directly across from Bergs Homes and next to Bethlehem Shelter, is a newly cleared area that has become the permanent parking for employees. Issue Without predetermined parking spaces, an average of 100 cars can fit in this area. Due to the lack of security, anyone can park in an available space. Often, clients, visitors of Bergs Homes, and volunteers of Bethlehem Shelter occupy this parking area. Consequently, parking for DHS employees is affected. In addition, during 2011, a string of robberies occurred in this rear parking lot. On different occasions, three employees were robbed at gunpoint. Other...
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...those from whom we receive them, or only seldom. But the benefit we receive must be rendered again, line for line, deed for deed, cent for cent, to somebody” and this is exactly what “paying it forward” is. Kant says that morality is not just doing the right thing by helping other people, but doing it for the right reasons as well: simply because it is the right thing to do. He holds true that for an action to be moral, it must be done out of a principle which can be applied to everyone equally, a maxim that can be willed to become a universal law. The movie and the book, Pay it Forward, progressively rises towards the moral standards of Kant as the characters come to understand the meaning of this movement and their duty to the world. I saw a bumper sticker the other day that said, “Think globally, act locally.” That is what the kids in Mr. Simonet’s class are really being assigned to do and that is what the Pay it Forward movement demonstrates. We are all connected to each other. The world may be broken but in watching and helping those around us for the right reason, the benefits spread worldwide. Kant agrees that the world is broken, that the human condition is flawed or Trevor in the beginning says, “the world is shit.” Trevor looks at all the bad around him; the trailer homes, the bullies, all the starving homeless people. His mom is a drunk and working as a stripper, his dad is abusive and it is no mystery why an eleven year old would see all this and think the world sucks...
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...merit pay involves giving employees a permanent pay raise based on past performance. Often the company’s performance appraisal system is used to determine performance levels and the employees are awarded a raise, such as a 2% increase in pay. I worked in a hospital and with nurses in an emergency room that got this exact raise. They had a cap that they could hit where they maxed out once they had been there for over 33 years they stopped getting the raise. The ever looming and potential problem with merit pay is that employees come to expect pay increases. This means it will be more so of an expectation and less so something earned. If you know something is coming either way, would you work harder for it? Not to sound lazy but time is valuable and why put in more time than everyone else for the same rewards? The only way to make merit pay more effective depends on making it truly dependent on performance and designing a relatively objective appraisal system. Without the appraisal system it is literally pointless. Ultimately, to be successful, the merit pay program must ensure that awards provided to the best performers will be substantially greater than increases awarded to average, or below-average performers. Merit pay when managed correctly provides a huge advantage for employers in my eyes. Merit pay helps an employer differentiate between performance of high and low performing employees and reward the performance of the higher performers. I believe that merit pay is worth...
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...“What about everyone else? The problem may not be that executives are paid too much, but that employees are paid too little.” 2. Statement of the Problem Studied In this article, Mr. Delves examined why people complain about executive pay, how companies used to inflate employee earnings, and how companies can increase employee wages now. 3. Significance of the Problem Studied With sky rocketing pay for many executives over the last few decades, many employees have wondered why their pay has not also increased. In the past companies have used stock options to provide incentive for employees and to use these as a pathway to increase employee pay. However with the economic recession and many of the changes in accounting practices, companies could no longer use this incentive to increase wages for employees. Thus Mr. Delves presents the question, “what do we do about [increasing employee incentives]?” (Delves, 2012). If this question can be answered, it has the potential to not only increase employee productivity but also to provide them with increased opportunities. 4. Comments on the Article Many people complain and cannot understand why executives are paid so much money and why their pay continues to remain fairly constant. Delves states, “I have wondered for some time about why so many people continue to be so upset about executive compensation and corporate governance when we have made so much positive progress” (Delves, 2012)...
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...Pay It Forward ETH 316 Pay It Forward “Pay it forward” is not only a movie but also an assessment of child which dialogues about Trevor’s life and his assignment. Let us consider the impending impact 11-year-old Trevor McKinney as portrayed by actor Haley Joel Osment. As seventh grade student who is challenged by his Social Studies teacher Eugene Simonet played by actor Kevin Spacey in an extra credit assignment to change the world. Living is difficult for the young Las Vegas resident Trevor and single mother Arlene played by actress Helen Hunt. Challenging issues of both physical and sexual abuse, along with extreme alcoholism plague the McKinney family. Arlene has dissociated from her son by her severe drinking problem and habitual poor decision making. She is a casino worker by day and strip club waitress at night. Her son Trevor is no run of the mill son. The child sees the potential difference he can make in a world that he does not like the look of. His plan for change is to influence the lives of three people. If the three people accept, it will become their duty and obligation to continue with his idea of “paying it forward”, instead of taking it back by impacting the lives of three other people. This becomes the idea of “one person reaching another” to “one person reaching out to three.” Ultimately the results can revolutionize the earth. The movie “Pay It Forward” is conveyed in an interesting present-day to earlier and back to the present type storyline by...
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... Some things in life can go unsaid but then there are things that need a voice. One thing that gets on my nerves is the blue lot parking area at Bloomsburg University. The blue lot is a stone parking lot located in the far left corner of upper campus directly to the left of JKA apartments completely out of the way and a huge inconvenience for college students that use it. Not to mention the university charges seventy five dollars to park there. The university police locks down the gated entrance every night causing people to be locked in or out. My position on the rules and regulations of the parking lot is strongly opposed and feel that it should be free. Not only is it absurd to pay for this parking but also that at times you are not even allowed to get to your own personal vehicle that you pay large amounts of money just to have and insure. This cause’s nothing but large inconveniences from many college students but also puts the ones who use it in possible danger. The location of the parking lot causes a lot of inconveniences. It’s not very close and is a hike just to get there. If you happen to be a new freshman or just a student still living in the dorms it takes a while to get your vehicle. First you have to walk all the way up to Centennial Hall building and wait for the shuttle then you have to take that all the way up to the recently new JKA apartments. Once there you then walk all the way past the apartments and through the gates and then finally to your vehicle...
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...Project: The Second Line By Rebecca Powell The Responsibility Project: Second Line By Rebecca Powell May 6, 2013 What is the relationship between legal and ethical issues as shown in the film? * * Introduction * The film selected was called the Second Line located at www.responsiblity-project.libertymutual.com for this assignment. In review this information one will see that the world does not revolve our daily actions of life. The film gave a different approach in viewing the world and surrounding. The Second Line The purpose of this short film was to display how many individuals go about their lives living in a tunnel vision world. In the film Danny Glover the actor was shown as a business man who did not pay any attention to anything in his surrounding as he journey to work. In the world of which we all live many people are so caught up in their own world, not even taken the time to smell the flowers. People who tend to live in such a matter are not just blind to their own needs but also the needs of their community. The term tunnel visions which can be describe as one who is only focus on things within narrow vision. The main character of this film display this very term. This short film showed the main character who started out his day having car trouble. He really did not try any other options to see what the problem with his vehicle was. His goal was to get to work due to time that reflected on his watch. The issue I took from the...
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...Henderson, author of the 2010 Salary and Satisfaction Survey, mentioned that more pharmaceutical companies are looking for more regulatory, stronger qualities, and knowing the clinical roles while hiring employees. Henderson (2010) also states that employees struggle with the workload pressure that tan employee can develop due to not being fully satisfied with the work environment. Situations that threaten your personal income or the fear of unemployment create an enormous level of stress. Authors Bang-Cheng Liu and Thomas Li-Ping Tang developed a study in China on the satisfaction of full-time public sector professionals as well as a part-time student. A quote that Liu and Tang mentioned in the article read, “Money per se does not lead to pay satisfaction. The value of a given reward is not absolute, but is relative to other rewards with which is compared (Greenberg and Ornstein 1983).” Personally I cannot speak on behalf of the...
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...Executive Summary: This report gives an overview of Sky Plc, it looks in to the products and services that Sky have to offer, like Broadband and TV packages. It also gives a summary of what the company want to achieve with its customers. With over 21 million customers across 5 different countries Sky is growing from strength to strength. With a revenue of £11.3bn in 2015 Sky saw a 10% increase on the year before, showing that even in an ever difficult economy, staying committed to your goals and your people, growth is still possible. The report looks in to external factors that could affect the company’s growth 2016 such as; The whole sale of its premium channels, this is something that is a long term issue for Sky as it doesn’t give them a unique edge over its competitors. Another element is the financial state of the global market, even though Sky is achieving its goals at present, this could change and could be affected by exchanges rates, rate of inflation and the amount that the public have to spend. The function and structure of the company have a large impact on how the business is run, the report looks in to some of the functions such as: HR and Customer service. By different functions pulling and working together it can improve productivity and turnover. Building on these relationships and supporting one another can create great team spirit and a strong work force. 1.1 Who are Sky Plc Sky is Europe’s leading entertainment company. The group serves 21 million...
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...What do you do when someone does you a favor? Instead of paying him back, Trevor Mckinney tells you to pay it forward. Pay It Forward stars Haley Joel Osment (The Sixth Sense) as 7th grader Trevor McKinney, the son of an alcoholic and single mother Arlene (Helen Hunt, What Women Want, Cast Away). Eugene Simonet (Kevin Spacey, American Beauty) is Trevor's unconventional Social Studies teacher who gives his class an unexpected assignment at their first meeting: "Think of an idea to change the world and put it into action." Simonet wants his pupils not only to know current events but also to think of making a difference in society. Trevor comes up with an idea: he will do an act of kindness to three people and instead of being paid back with gratitude, he will ask each recipient to pay it forward to three more people. They in turn must pay another good deed to three other people, and so on. Trevor works on a homeless man, his teacher Simonet, and his classmate Adam. Four months later, a reporter's (Jay Mohr) car crashes while on a beat and a stranger gives him his Jaguar to keep. The reporter tries to find out why anyone would do such thing and was told to simply "pay it forward." Leslie Dixon's screenplay based on Catherine Ryan Hyde's novel is a powerful story. Director Mimi Leder (Deep Impact) is Steven Spielberg's protégé and shows the same ability of maintaining the balance in creating realism without falling into melodrama. The lead characters are fully developed and superbly...
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...Pay It Forward; An Honour System March 26th 2012 Pay It Forward; An Honour System In the movie Pay it Forward the young boy Trevor McKinney believes that everyone is capable of good. He believes that if an individual receives helps from someone they will be grateful. However, he has created a system where rather than reimbursing the individual who helped you, you help three other people. Hoping that over time this will grow larger and everyone will be getting help and helping others. He states that “it has to be something really big, something they can’t do for themselves (Leder).” Trevor helps a drug addicted homeless man named Jerry to get cleaned up and buys him clothes so he can get a job interview. He expects Jerry to help out three other people rather than paying him back. This is quite challenging for Jerry and at first he returns to his life as an addict, which causes Trevor to believe his system has flaws. He perseveres and helps his mom to make a new friend and stop drinking. His mom pays it forward by forgiving her mother and allowing her back into her life. The grandmother pays it forward in an amusing way by helping a criminal to escape from the police by allowing him to hide in her car. Now we may think that the chain would stop here, which it may have, however the grandmother used reverse psychology and told the criminal that he was not capable of paying it forward. This motivated the criminal to prove her wrong and therefore he carried the chain forward...
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