EBK STRATEGIC MANAGEMENT: CONCEPTS
3rd Edition
ISBN: 8220102807938
Author: Rothaermel
Publisher: YUZU
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Textbook Question
Chapter 8, Problem 1ESI
The chapter notes that some firms choose to outsource their human resource management systems. If a firm has a core value of respecting its employees and rewarding top performance with training, raises, and promotions, does outsourcing HR. management show a lack of commitment by the firm? HR. management systems are software applications that typically manage payroll, benefits, hiring and training, and performance appraisal. What are the advantages and disadvantages of this decision? Think of ways that a firm can continue to show its commitment to treat employees with respect.
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Payroll has traditionally been an accounting function, and some CPAs have provided payroll processing services to their clients. Today, CPAs are finding additional new lucrative opportunities to provide not only payroll processing but also various HR services. Write a brief report that compares the provision of payroll and HR services by CPAs with that of national payroll providers. Perform the following research to collect the data for your report:
1. Read the articles “Be an HR Resource for Your Clients,” by Michael Hayes, and “Hired Help: Finding the Right Consultant,” by Joanne Sammer, both of which were published in the November 2006 issue of the Journal of Accountancy.
2. Contact a local CPA firm that provides payroll and HR services, and find out what types of services they perform and what types of clients they serve.
What information would Ben need to understand if he is eligible for paternity leave under the fMLA?
You are an HR Manager for a growing software company with 60 employees. The company offers the following benefits: Health/Dental Insurance, Basic Life Insurance, Short/Long Term Disability, Holiday Pay and Paid Time Off (PTO). Ben, a Marketing Specialist, approaches you about completing Family Medical Leave Act (FMLA) paperwork for his upcoming paternity leave. He has worked for the company for 18 months and also requests information about his pay during his leave of absence. What would your response to the following questions:
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- What if cigna pharmacy has been successful on a major project in which not only full-time employees but temporary workers from a temporary agency have contributed, and the Plant Manager wants to reward everyone who worked on the project alike? As the HR Manager, are there important employment considerations you need to discuss with your employer? Is this a wise decision? How would you recommend this be handled?arrow_forwardAs a Human Resources Manager, you need to create a competitive pay policy for your company to achieve several objectives. Those objectives are to: 1. adjust internal pay levels to changing competitor pay rates. 2. set the internal mix of pay types relative to those paid by competitors. 3. estimate the labour costs of product market competitors. Describe four (4) steps you will take to create a systematic process and collect relevant information to achieve the above objectives. Please do fast ASAP fastarrow_forwardIn this discussion, you will examine ways in which pay decisions and benefits are affected by labor market and product market forces and the effect of regulation on the ways in which employee pay and benefits are designed and administered. • Begin by describing the impact the labor and product market forces has on pay and benefit decisions. Include in your description the changes you have seen in your own industry when changes occur in each of these markets and its impact on your own wages and benefits. • Additionally, describe the ways in which regulation impacts employee pay and benefits and the way in which they are designed and administered.For example, consider the impact of the Affordable Care Act (Obamacare) and its impact on part time and full time employment, costs associated with insurance premiums to employers and employees, etc.. • Finally, what are some communication techniques employers can use to ensure employees realize the value of benefitsarrow_forward
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