Wage Determination & Administration FASTCAT PHASE –I Submitted by Group 20 (HRM-B) Honeydeep Singh Sabharwal H11080 Neha Londhe H11092 Rahul Balyan H11103 Rahul Krishnan H11104 TwisamDatta H11116 1 Executive Summary We recommend an egalitarian‚ flexible internal structure to achieve objectives. A set of compensable factors are identified and weighted as per the strategy of the company. Special emphasis is on taking forward the core competency of FastCat which is providing superior quality software
Premium Problem solving Employment Wage
FASTCAT FastCat: Phase 1 “High-Five” Compensation Package 1 October 2013 In Phase 1 of the FastCat Compensation Case‚ our team has included our recommendations regarding strategies‚ objectives‚ the formation of an internal structure‚ and an implementation plan that will allow a seamless transition from FastCat’s previous compensation structure‚ which was nearly non-existent‚ to the proposed structure our team of compensation specialists is proposing. INDEX Executive Summary Pg. 2
Premium Problem solving Management Employment
FastCat Compensation Plan Phase I February 10‚ 2013 Presented By: The Compensation Group Table of Contents Executive Summary 2 Recommended Compensation Plan Objectives 3 Strategy for Internal Alignment 4 Job-based Plan 5 Compensable Factors 6 Internal Structure 11 Picture of Internal Structure 12 Execution/Manual 21 Rationale/Evaluation of Recommendations 22 Executive Summary FastCat’s mission is to exceed customer’s expectations of value‚ dependability
Premium Problem solving Employment Harshad number
Phase 1: Objectives Report FastCat‚ founded in 2001‚ is a successful company that creates software specifically for the medical field. Targeting small to medium sized companies‚ FastCat was able to expand fairly quickly to 200 employees and earn revenues of 36.5 million dollars. The success FastCat obtained also brought heavier competition such as bigger companies like IBM and Oracle. FastCat realizes they need to become more innovative in their software design along with keeping their employees
Premium Strategic management Employment Law
Compensation structure for FastCat Executive summary In Phase I we looked at the descriptions of sample jobs at FastCat and proposed a structure for the jobs based on the concepts of internal equity and organizational objectives of innovative product design‚ improved marketing and cost competitiveness. Based on the content and value of the job descriptions available we had created a tailored and hierarchical structure‚ which supported the organization strategy‚ work flow and motivates
Premium Strategic management Salary Strategy map
Assignment 6: Case Study Phase 3 Jerry Cunningham Professor Tannoury ISSC363 B001 SPRING 15 PHASE 3: The level of security can determine the rise and fall of any organization‚ no matter how big or small the company may seem‚ so mitigating risk should always be the number one priority. Risk mitigation can be define as the process of implementing any form strategic actions that will reduce the level of threats that may cause financial hardship towards the organization. In addition‚ risk mitigation
Premium Risk Management Security
Chapter 3 Three-Phase A.C. Circuits Learning Outcomes This chapter introduces the concepts and principles of the three-phase electrical supply‚ and the corresponding circuits. On completion you should be able to: 1 Describe the reasons for‚ and the generation of the three-phase supply. 2 Distinguish between star (3 and 4-wire) and delta connections. 3 State the relative advantages of three-phase systems compared with single-phase-systems. 4 Solve three-phase circuits in terms of phase and line
Premium
FastCat Phase I Roadmap/Requirements Note: The casebook is necessary to address what is required here‚ but it also asks you to answer questions and go in directions that I do not require. For your Phase I deliverable‚ complete sections I through IV from this sheet for Phase I. Be sure to complete each item. Use the casebook but do not let it lead you away from these issues. The text can be single-spaced (12 point font) with 1 inch margins. Make liberal use of tables‚ bullets and headings to
Premium Apple Inc. Steve Jobs
Professor Michael Campo Abstract Companies have affected their customers negatively in many‚ many ways by being careless‚ negligent and putting out products that can be tainted or altered in some way and have been very harmful to one ’s health even to the point of death by use. Many people are unaware of some recalls and continue to use whatever product it is that is defective or contaminated. I will be talking about a couple of different companies and touching on what they have done or not
Premium Hygiene Law Personal care
Fastcat Phase 3 Design Merit Pay It is vital that FastCat employees understand how merit pay works. Ensuring they are educated about the pay system will give them a clear understanding of how each person is paid and will show them that each employee has the same potential to move up the pay scale by attaining more education‚ increasing their skill level‚ being accountable and having good communication with customers. During employee orientation‚ new hires will be provided both verbal and written
Premium Balanced scorecard Employment Strategy map