According to the civil service board, a new rule came up that an employee will be given a promotion for the post of supervisor only when the employee clears the test. With the help of a written test, an employee's mental skills can be tested. Sheryl has 17 years of experience and as a manager, Maxine Othman expects Sheryl to take the place of supervisor due to her excellent skills and experience. Maxine did not like the new rule being popped in. However, after the assessment, Maxine was very much disappointed as Sheryl secured 12 t h rank. The one who secured 1 s t rank is one of the newly hired employees for the clerical post. Characters in the case: Sheryl, an employee aiming for the supervisor post Maxine, manager Adequate information: The test is conducted to select the best employee for promotion in relation to their mental skills. To determine: The fairness in selecting the right person for the job.

Question

1- What are the components of managerial compensation? Discuss the effect of managerial compensation in addressing corporate governance issues. Which components should be included to address the conflict between managers and shareholders? 2-

Answer 1

Question

Chapter 2, Problem 3ED

Summary Introduction

Case summary:

According to the civil service board, a new rule came up that an employee will be given a promotion for the post of supervisor only when the employee clears the test. With the help of a written test, an employee's mental skills can be tested.

Sheryl has 17 years of experience and as a manager, Maxine Othman expects Sheryl to take the place of supervisor due to her excellent skills and experience. Maxine did not like the new rule being popped in. However, after the assessment, Maxine was very much disappointed as Sheryl secured 12^t^h rank. The one who secured 1^s^t rank is one of the newly hired employees for the clerical post.

Characters in the case:

Sheryl, an employee aiming for the supervisor post

Maxine, manager

Adequate information:

The test is conducted to select the best employee for promotion in relation to their mental skills.

To determine:

The fairness in selecting the right person for the job.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

1- What are the components of managerial compensation? Discuss the effect of managerial compensation in addressing corporate governance issues. Which components should be included to address the conflict between managers and shareholders? 2-

Two positions for employees who did not follow the rules of cerdibility?

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.