GM 565 Week 7 Discussion 1 | Franklin Pierce University | Assignment Help
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- 11 May 2021
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GM 565 Week 7 Discussion 1 | Franklin Pierce University | Assignment Help
7.1 Discussion - Team 3
TOPIC: Pay
for Performance and Global Pay Systems
https://franklinpierce.instructure.com/courses/7466/files/991650/preview
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?
.
https://franklinpierce.instructure.com/courses/7466/files/991702/preview
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?