List and discuss four possible limitations of merit pay programs. How can a company overcome these limitations
CMRJ601 Questions
1 Summarize the four activities that can help minimize discriminatory performance appraisal practices.
2 Compensation represents both the intrinsic and extrinsic rewards employees receive for performing their jobs. Together, both intrinsic and extrinsic compensation describe a company’s total compensation system. Briefly describe both types of rewards and indicate the professionals who are responsible for managing them.
3 In which settings are person-focused pay programs likely to be found? What are the two most important reasons for adopting person-focused pay?
4 List and discuss four possible limitations of merit pay programs. How can a company overcome these limitations?
5 Briefly discuss the components of legally required benefits. How can HR managers minimize the costs that are associated with legally required benefits
6 What are the strategic issues involved with contingent and flexible workers for a company pursuing a lowest cost strategy?
7 Discuss some of the ways in which the passage of the Patient Protection and Affordable Care Act (PPACA) has affected the way in which employers provide health care benefits to employees.8 When working with expat compensation: Explain headquarters-based method to calculate expatriates based pay. Which incentive might work better for this method? What is the balance sheet approach? When is its use most appropriate?