GM 565 Week 7 Discussion 1 | Franklin Pierce University | Assignment Help

GM 565 Week 7 Discussion 1 | Franklin Pierce University | Assignment Help 


7.1 Discussion - Team 3

 

TOPIC: Pay for Performance and Global Pay Systems

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PAY FOR PERFORMANCE

Read the Your Turn "Comparing Airlines" case in your Compensation book.

 You will review information about American Airlines and Delta Airlines. Note this data is only for Airline pilots. 

  Provide your feedback/answers to the following. 

   Topic: Profit Sharing

         a. What is the important of base wages relative to variable pay (profit sharing)?

         b. What is the likely behavioral impact of profit sharing in this case, assuming the payout is based on overall new revenue of the organization? 

         c. What is your assessment of the use of profit sharing? Be specific. 

         d. How important is seniority in each of these situations? Should the importance be more or less? Why?

   Topic: Skill Acquisition

       a. Do these airlines pay for skill acquisition? What data do you have to support your position?

       b. Should skill acquisition be rewarded? 

     Topic: Recruiting and Retention

      Do you have any predictors about recruiting (attracting applicants) and retention for each company?

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 GLOBAL PAY SYSTEMS

 

Review "Exhibit 16.1 International Context of Compensation" on page 563 of your compensation text and review the text that supports the framework.

       a. If your organization was to begin to hire international employees, what are the top 3 economic, institutional, organizational, or employee characteristics would be the biggest impact?

        Please define why. 

      b.  If you already hire international employees, what economic, institutional, organizational, and/or employee characteristics are elements of your model?

 

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