Preview

Applying the Concept of Team Management in Compensation

Satisfactory Essays
Open Document
Open Document
355 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Applying the Concept of Team Management in Compensation
Chapter 12
APPLICATION CASE
Inserting the Team Concept into Compensation
--------or Not

Outline
Introduction&Q1------TYT
Q2------LWS
Q3------TFT
Q4------WXJ

Sandy Caldwell, a new human resource manager at Hathaway
Manufacturing wanted to improve productivity through teamwork.
He started by installing the concept of team management at the highest level, then he also conveyed the team message to employees.

He changed Hathaway long-standing policy into team-based pay for performance and he just only consulted with CEO Regina Cioffi.

Q1 : Does the pay-for-performance plan seem like a good idea? Why or why not?

The pay-for-performance plan seems like a good idea.  provide incentive for team performance  have a positive impact on the company's performance But it has some drawbacks.
 lack employee involvement  a worker's pay≠ his/her personal efforts

Q2. What advice would I give Regina and
Sandy as they consider their decision?

• Consider performance-based salary and base salary
• Work out a reasonable assessment system
• Involve employees in decision making

Performance
Performance
based based salary salary Feel
Feelsatisfaction
satisfaction

Base
Base
salary salary Feel
Feelno
no dissatisfaction dissatisfaction

How to evaluate employees performance by their contributions to their teams?
How to prevent employees’ subjectivity on judging their colleagues, like personal relationship. How to increase efficiency?

Decision
Decision
Making
Making

Q3.What mistakes did they make in adopting and communicating the new salary plan? How might Sandy have approached this major compensation change a little differently.

1.Sandy didn’t ask employees’ suggestion about the new salary plan ,and it was undemocratic for staff .
2.Just using one method:360-degree feedback assessed employees.
* Ignored( 被忽略 )

Result

* Unsatisfied
* Doubtful

1.Manager Sandy should admit the mistake and make an apologize for their staff because of ignorance.
2.Sandy should

You May Also Find These Documents Helpful

  • Powerful Essays

    Rwt1 Wgu Business Report

    • 2510 Words
    • 11 Pages

    Within this business report, I have analyzed three different employee compensation strategies that I feel could be well executed within our organization. Employee compensation is key to recognizing and rewarding our employees for their performance and contributions to the overall company’s success. Because it is a signficiant factor, we need to carefully evaluate the three options in my report.…

    • 2510 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Milkovich, G. T. (1987). A strategic perspective on compensation management (CAHRS Working Paper #87-01). Ithaca, NY: Cornell University, School of Industrial and Labor Relations, Center for Advanced Human Resource Studies. http://digitalcommons.ilr.cornell.edu/cahrswp/444…

    • 1775 Words
    • 8 Pages
    Best Essays
  • Better Essays

    Austin is consistently growing in businesses and can be very lucrative for Mr. Stonefield and his employees. He must have some benefits to retain his employees and help grow his business if he is competitive with pay and benefits. In Austin, it is found the average salary annually for drivers who are allowed to be tipped bring in approximately $37,170.00 annually. Drivers usually average $25,020.00 without tips. Your competitors also offer medical insurance, vacation pay, and a retirement plan within this territory. There is also salary increases for employees who stay longer with the company based on reviews from customer satisfaction surveys, and the time they have served with their respected companies. There is also training that we see and consider as benefits within these companies. There is generally 1 to 2 weeks of training and a review of the laws, safety, and the street layouts of the territories in which they will be driving. One thing you may want to consider is the age of your drivers as well. It is not necessary to be the age of 21 or obtain a high school diploma to provide driving services in this industry. However, if your drivers are under 21 and the customers prefer to have alcohol while you provide driving services for them. No one…

    • 1244 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Mining Group Gold is a meeting management and a team process geared towards improving the quality of group interaction skills in any organizational meetings. This unique process is designed to aid the managers promote and get ideas, experience and wisdom of the people he works with. Mining Group Gold has five basics. First basic is determining the purpose of the meeting which includes the actual need for the session. The second basic is determining the wished outcomes of the meeting or the session. The third basic is assigning the duties of scribe, timekeeper and facilitator. The fourth basic is setting the agenda of the meeting or session and the last basic is establishing the time dedication for each and every item on the agenda.…

    • 669 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Landslide Limousine (LL), a small business in Austin, Texas, hired Atwood and Allen Consulting (AAC) to conduct a market evaluation and provide recommendations for the following: a position in the market, a compensation structure, a total compensation and benefits strategy, and performance incentives and merit-based pay to recognize and engage employees. This will help to identify applicable laws related to pay and benefits. This paper includes citations from one peer-reviewed book, three government websites, four commercial websites, and one University of Phoenix online course material.…

    • 1028 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Andrew Nelson, an accomplished respiratory therapist, works for Breathing Care Associates, and works out of the local hospital. High turnover, lack of managerial skills, and trying to lower labor costs has lead Drew to work many hours over his normal hours. He is an exempt employee and is not entitled to overtime, but he does get a dollar an hour for on-call services. Andrew has met his maximum “earned time” off and is in need of a vacation, but is denied because of staffing and the unwillingness of his supervisor to pay overtime to the non-exempt employee.…

    • 1744 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Training plays a major importance in almost everything that we do. It can be an extensive training depending on the learner, the teacher or mentor and the capacity to absorb the information. Deciding what type of training that can be beneficial to a company to make sure that the information needed has been passed on and that the receiver had processed it is where the struggle began at times. That is where choosing the right model or method is very crucial; because by doing so, we are assuring that everyone will get the same understanding and that everyone are on the same level of competency so that everyone can fulfill tasks…

    • 1236 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Compensation is a deliberate way to deal with giving financial incentive to representatives in return for work performed. Compensation may accomplish a few purposes aiding enrollment, work execution, and occupation fulfillment. A perfect pay administration framework will help you fundamentally support the execution of your representatives and make a more connected with workforce that will go the additional mile for your association. Such a framework ought to be very much characterized and uniform and should apply to all levels of the association as a general framework. With successful Compensation administration you'll likewise appreciate clearer perceivability into singular representative execution when it comes time to settle on basic remuneration…

    • 177 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The Equal Pay Act (1963) was an amendment to the FLSA and restricts any kind of discrimination based on sex for men and women working at similar jobs and in the same…

    • 813 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Employee Compensation

    • 307 Words
    • 2 Pages

    A great sales team and the right compensation plan to keep sales people motivated is critical to helping business grow and prosper (Daniel, 2008). InterClean will create a new compensation plan and the goal is to reward sales success while motivating increased sales performance and providing a competitive, yet affordable reward levels. Rewards bridge the gap between organizational objectives and individual expectations and aspirations. To be effective, the new reward system will provide (1) a sufficient level of rewards to fulfill basic needs, (2) equity with external labour market, (3) equity within the organization, and (4) treatment of each member of the organization in terms of his or her individual needs (Casio, 2005). The compensation plan will be tied to the company`s strategic mission which means that a combination of merit system (designed to tie pay increases to each employee`s level of performance) and incentive system (designed to provide additional rewards to top performers) will be used. The broad objective of the design of this compensation strategy (i.e., financial and non-financial compensation) is to integrate salary and benefits into a package that will encourage the achievement of the organization`s objective (Casio, 2005). The new rewards package will consist of two components:…

    • 307 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    References: Erven, B. (2009). Evaluating Performance and Providing Feedback to Employees. Retrieved on April 4, 2011 from http://aede.osu.edu/people/erven.1/hrm/employee_reviews.pdf…

    • 2049 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    The Case Study for this week is "The Forgotten Group Member," which appears on page W--112 of the course text.…

    • 753 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Executive Pay Case Study

    • 596 Words
    • 3 Pages

    Average pay for top American CEOs and board chairmen has soared from $479,000 to $8.1 million in the last quarter century, as measured in annual surveys by Business Week magazine, the only source that goes back that far. The pay of average (non-management) workers over that time, as measured by the U.S. Bureau of Labor Statistics, hasn't even kept up with inflation. If average worker pay, which is now $26,899, had risen like CEO pay, it would exceed $184,000. If the minimum wage had risen at the same rate, it would now be almost $45 an hour. In just one generation, the United States has gone through a virtual revolution in what is considered fair pay for top executives…

    • 596 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When starting southwest airlines and red lobster choosing the proper method of compensating the employees can play an important role in the company's success. One method of compensation used to motivate their employees is performance-based pay. Performance-based pay is a method of compensation that involves paying employees based on the work they perform.…

    • 415 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Every Human Resource Professional I know wants either more respect or a seat at the Executive Conference Table. If this is true, then why aren’t more Human Resources Professionals getting the respect they deserve and desire.…

    • 1298 Words
    • 6 Pages
    Good Essays