What if we have a very ambitious employee-- one who does not presently possess the skills needed-- can we raise this person up to become the best person for the job?
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What if we have a very ambitious employee-- one who does not presently possess the skills needed-- can we raise this person up to become the best person for the job?
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- More generous unemployment benefits may lengthen the amount of time before a structurally unemployed worker becomes employed. Explain why by explaining how a structurally unemployed worker may behave differently than they would've if the benefits weren't as generous.5. Suppose the Parliament passes legislation making it more difficult for firms to fire workers (an example is a law requiring severance pay to fired workers). If this legislation reduces the rate of job separation without affecting the rate of job finding, how would the natural rate of unemployment change? Do you think that it is plausible that legislation would not affect the rate of job finding? EvaluateWhat is unemployment compensation? Who does the unemployment compensation apply to?
- HOME WORK CHAPTER 11- Total Rewards & Compensation 5. What are the necessary criteria for giving exempt status to an employee?2.You have been asked by the CEO of your software organization to hire and manage a small group of software developers in an attempt to reverse engineer the latest release of the software by your leading competitor. The goal of the group will be to identify features that could be implemented into the next few releases of your firm's software. Would you consider hiring software developers from your competitors to start this group? Why or why not? What sort of legal and/or ethical questions might be raised by this reverse engineering effort?According to IndustryWeek, a shoe manufacturer recently had a production run that resulted in 100,000 pairs of defective shoes. Workers on the production line knew the shoes were defective as they were being produced, but did nothing to fix the problem. What type of compensation mechanism could help to reduce future problems like this? Explain why.
- What benefits and costs could a business expect from changing the merit pay program?1. Justify and evaluate how would the cost leadership strategy help to increase sales and market shares of a company that have financial constraints.Assume your team was hired as a benefits consultant to a small business (super market) having 30 to 40 employees. Aside from mandated benefits by law, what benefits do you believe this employer should offer, given limited resources? Justify your reasons for offering these benefits.
- It is easy to say that an organization should hire, reward, and dismiss employees based on their character as well as their knowledge and skill, but how could such a policy be implemented?Assume you received a job offer with a base salary of $35,000 and a commission of 10 percent. How would you plan to approach your prospective employer to increase your overall compensation?Suppose an employer charges all employees the same premium, regardless of their health habits. Who benefits? Who is harmed? Is this ethical?