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Four perspectives of organizational effectiveness
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Organizational effectiveness depends on having the right people in the right jobs, at the right time, in order to meet rapidly changing organizational requirements. Identifying future staffing needs is an important lever for executing business strategy. However, staffing strategies guide the recruitment, utilization, development, movement, and attrition of talent in ways that support long-term business requirements (Olmstead, Falcone, Lopez, Mislan, & Acello, 2014). Nevertheless, Easy Spa is a successful and prominent business that has a chain of day spas (Martocchio, 2013). Jay Spento, the Human Resource Manager at Easy Spa, is proposing that a compensation expert be brought on board the management team. A compensation expert would address
Job analysis and job evaluation are two very important functions of HRM. A job analysis is a descriptive procedure, whereas a job evaluation reflects value judgments (Heneman & Kammeyer-Mueller, 2012). A job analysis is the principle of studying jobs to gather, analyze, synthesize, and report information about the job requirements (Heneman & Kammeyer-Mueller, 2012). Job analysis helps in producing job descriptions, selecting and recruiting employees, and the training and development. HRM utilizes job analysis to determine employee compensation, help identify gaps in training, and create better policies to aid in the fulfilling the overall goals of the organization (Heneman & Kammeyer-Mueller,
Generally speaking, when employers offer benefits to their employees, it shows the employees that the organization is investing in their future and overall health (Buckley, 2017). Thus, healthier employees reduce healthcare costs for the firm; fewer employees experience sick days, and spend more time in being productive at work. Essentially, an unyielding employee benefits package can aid in attracting and retaining good talent for the organization. More or less, depending on the type of organization, employee benefits may vary. However, full-time employee benefits generally differ from part-time employees. Nonetheless, employee benefit packages are typically talked about during the final interview or at the time the job offer is extended (Buckley, 2017). Furthermore, the organizations benefits package can be the competitive factor in a candidate’s final decision-making in opting to accept the job offer. Although each state may differ, the below are some basic benefits that are required by law for all employers to offer (Buckley,
Bohlander, George, and Scott Snell. Managing Human Resources. 15th. Mason, OH: South-Western Pub, 2009. 98-147. Print.
The Department of Human Resources is involved with many important aspects of a business, like staffing, compensation, benefits, and much more. As the new Director of Human Resources for a 150-room, full service hotel in downtown Sheboygan, I am in charge of turning around the hotel. Some urgent tasks include hiring and training new candidates for two open positions, revising the training and incentive programs, and finally, improving the overall morale of the employees.
Many employees when looking for a job or deciding whether to stay with their current employment often considers the employee benefits the company offers.
It is a fundamental HRM activity and plays the key role in deciding on the actual job structure which is, “identifying the relevant tasks and activities and allocating them across employees in a way that allows the organization to reap benefits from specialization”, but also bundle job tasks in order to use possible synergies between the different tasks (Foss, Minbaeva, Pedersen & Reinholt, 2009, p.873). There are two major approaches to job design, these are the job enrichment approach “which attempts to make the job more interesting, challenging, and significant by adding dimensions such as variety, autonomy, feedback, and control” and the job engineering approach “which attempts to make jobs more efficient by improving work methods, tools, and task-goal structure through activities such as time-and-motion studies and goal setting” (Umstot, Bell & Mitchell, 1976,
The company Steel Co, which has been established for around 30 years, has been in a steady decline during the current recession and although a Divisional Director has been employed by the owner the fortunes of the company have not improved. The staff is unhappy, unproductive and unimpressed by the Human Resource system that currently exists in the company. The pay structure that currently exists within the organisation has been much debated among employees who feel it is unsatisfactory. The Business Adviser will research Performance and Reward management tools in order to help the company develop a more suitable Performance and Reward system to use. A variety of sources will be used in order to evaluate the system and tools against other organisational frameworks. The pay structure within the company will also be looked at in order to identify any possible changes that could be made.
In April 2010, KK BB, the CEO of Marshall & Gordon, a leading public relations firm met with the firm’s leadership committee off-site in Miami. This off-site brought together Marshall & Gordon’s executive committee, practice and regional heads, and senior HR officers to discuss on redesigning the firm’s compensation system. A global advisory taskforce, under the direction of an external consulting firm, had spent three months collecting and analyzing data. Marshall & Gordon hired external specialists to design the new performance management program. The specialists proposed that the senior managers and human resource form a global advisory unit together with Marshall & Gordon partner to represent the firm’s five regions of the firm and lead the design process. The advisory unit surveyed all consultants in February in order to understand their way of thinking about the fairness, worth, and effect of the current performance management system. Majority of the interviewees responded to the corporate surveys implying that the subject was topic was especially exciting to them. Interviews gave insights on present and prospective business plans and direction. The survey also showed that specific focus across certain employee populations should be given. Six current hires from key competitors were also interviewed to comprehend competitor pay practices and compensation program structures. Further focus groups discussions and key information interviews enabled the taskforce’s to understand the needs of certain groups within Marshall & Gordon’s worker population. The survey culminated with the taskforce conducting interviews of 20 partners and principals togeth...
Offering employee benefits is one way a company must competes in today’s marketplace to retain old employees and attracts new ones. These benefit packages may range from offering basic health insurance to additional discretionary and perk benefits such as vacation and retirement packages. Benefit packages are often a large portion of employee costs and Federal mandates require an employer to carry and offer certain benefits even if they offer nothing else. Federally required employee benefits make up approximately a quarter of the costs associated with employer offered benefit packages. Some of these mandated benefits include Social Security, Worker’s Compensation Insurance, and the Family Medical Leave Act.
Some of the big concerns people have when thinking about employment is benefits. What can a company provide to the potential employee in terms of insurance, vacations, advancement, and all the extras associated with the perks of certain companies? At the time do these people wonder about the organizations that may have a say in those benefits they so covet. The labor unions
Tomax Corporation has 400 employees and wishes to develop a compensation policy to correspond to its dynamic business strategy. The company wishes to employ a high-quality workforce capable of responding to a competitive business environment. Suggest different compensation objectives to match Tomax’s business goals.
Job analysis helps determined selection criterion that is both legal and practical for the selection process. This process also aids in identifying and detailing competencies needed to perform the job as well as any gaps that exist between those competencies and incumbent performance, this is crucial information for training and development. The identifying of concrete standards and cataloging evaluation criteria is another use for job analysis, this can potentially aid with employee appraisals. Lastly, job analysis is critical in making reasonable accommodations for those individuals who are disabled and in the redesigning jobs
When potential employees are job searching, their main focus tends to center around which job has the highest salary. However, unless the salary is significant, the highest salary might not mean that will be the best job offer. When deciding on whether a job offer is good or not, it is crucial to take into consideration the full package as opposed to just the salary offer. Some of the benefits that should be taken into consideration include vacation time, retirement plans, health insurance plans, life insurance and salary.
You’re also aware of the ways offering healthcare benefits can help you as well. It gives you peace of mind knowing your employees are looked after. It can also create value for the business, in addition to lowering turnover and helping you attract the best and most talented candidates. As an employer, you have several different options when it comes to offering health benefits.
Employee benefits coordinator play a significant role in Human Resource Management. Employee Benefits coordinators are responsible for assisting with employee benefits, maintaining employee data base, managing all insurance billings and maintain employee files, sick pay, vacation and retirement. This study explores the importance of employee benefits to corporations, government agencies and non profit organizations. This paper also researches the effects on the management team and on individual employees’.
The foundation for effective job performance and compensation system can be traced to effective job analysis process. Fundamentally, a job analysis should consist of a thorough examination of the job 's duties and knowledge, skills, abilities, and qualities that are required in order to be successful in a specific position, upon which appropriate rewards or compensation can be determined. For many perspectives, jobs are usually made up of requirements and rewards, where rewards may be regarded as a major recruitment strategy for motivating potential employees in order to influence them to stay the organization for a longer period as well as enhance their performance. The most common or basic form of rewards which attracts employees is extrinsic
Organizations are working hard in today’s world of business, not only to remain competitive, but also to focus on stability and structure. Employees are the backbone of an organization. It is becoming more important to offer quality HRM programs to staff, in order to support the retention of trained and experienced staff. Employees have always been concerned with salary however, there is a new focus emerging that looks at compensation as a whole entity. Monetary wages are now just as important as other benefits such as paid time off, medical and dental offerings and retirement. This paper will discuss the importance of the total compensation program which includes many aspects, not just salary. Attention must be paid to equal pay, pay