Describe, compare, and contrast the two dimensions of extrinsic compensation

Prepare a paper that explains the strategic differences between pay for performance and pay for knowledge systems.
June 11, 2022
HRA549 Module 3 Discussion
June 11, 2022

Describe, compare, and contrast the two dimensions of extrinsic compensation

Describe, compare, and contrast the two dimensions of extrinsic compensation

HRA562 Full Course Assignment
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HRA562 Full Course Assignment

HRA562 Full Course (July 2019) (No Module 8 Project)

HRA562 Full Course (July 2019) (No Module 8 Project)

HRA562 Full Course (July 2019) (No Module 8 Project)
HRA 562 Compensation Strategic Persp

Module 1 Discussion

In this module, we have been studying how a compensation strategy can be designed to support organizational goals by providing intrinsic and extrinsic rewards for job performance. Describe, compare, and contrast the two dimensions of extrinsic compensation (monetary and non-monetary rewards), and describe other factors that influence rates of pay for similar work in different organizations.

HRA 562 Compensation Strategic Persp

Module 2 Discussion

Some people argue that there is too much government intervention, whereas others say there is not enough. Based on the presentation of laws in this chapter, do you think there is too little or too much government intervention? Explain your answer (discussion question #5 from the Martocchio text, p. 46).

HRA 562 Compensation Strategic Persp

Module 3 Discussion

Read the case study, “Appraising Performance at Precision” on page 74 of Strategic Compensation. Post your answers to both questions.

HRA 562 Compensation Strategic Persp

Module 4 Discussion

Read the case study, “Internal Consistency at Customers First” on page 143 of Strategic Compensation. Post your answer to the three questions. Be sure to include the role of compensable factors at Customer First in your response, and explain how Saint Leo’s core value of excellence applies.

HRA 562 Compensation Strategic Persp

Module 5 Discussion

Question taken from Martocchio text, page 168.

You are a compensation analyst for Worry-Not Insurance Company, which is located in Hartford, Connecticut. Define the relevant labor market for insurance claims adjusters and for data entry clerks, explaining the rationale for your definitions.

HRA 562 Compensation Strategic Persp

Module 6 Discussion

Discuss your views about whether discretionary employee benefits should be an entitlement or something earned based on performance.

HRA 562 Compensation Strategic Persp

Module 7 Discussion

Chapter 16 presents four important issues that will shape every organization’s compensation philosophy in some way or another: Fallout from the “Great Recession,” Rising Wages in China, Challenges in Health Care Reform, and Workforce Demographic Shifts. Which of these issues will have the greatest impact on your organization’s approach to compensation? Why? (Adapted from discussion question #1 on page 354.)

HRA 562 Compensation Strategic Persp

Module 8 Discussion

Do you feel that executive level compensation and incentive packages are excessive? Which components of a standard executive compensation package do you feel should be eliminated during an economic down turn? Explain how Saint Leo’s core value of respect plays out in determining executive compensation. Frame your response in light of the three levels of equity presented in the AVP and at least two (2) scholarly sources you selected and reviewed. (Adapted from question #3 on page 276.)

HRA 562 Compensation Strategic Persp

Module 1 Applied Assignment 1

Analyze the Case Study for Competitive Strategy at Sportsman Shoes on page 21 of your textbook. Prepare a paper answering the following questions:

Following Sportsman’s shift in competitive strategy, what are some considerations for the company’s human resource management practices?

What kind of challenges do you think that Sportsman’s faces specifically in the area of compensation?

Support your analysis with at least two recent scholarly sources to substantiate your insights.

The analysis should be presented in APA format.

The analysis should be 3-5 pages in length, excluding the title page, abstract and references.

The “Applied Assignments Scoring Rubric” can be found in Doc Sharing.

Submit this assignment to the Assignment box no later than Sunday 11:59 PM EST/EDT. (This Assignment box basket is linked to Turnitin.)

HRA 562 Compensation Strategic Persp

Module 2 Applied Assignment 2

Analyze the Case Study for Exempt or non-exempt on page 47 of your textbook. Prepare a paper answering the following questions:

Why did Amy classify the shift leaders as exampt? Are there any advantages to Jones Department Store to having the shift leaders classified as exempt?

Do you think that the shift leaders are properly classified as exempt? Why or why not?

What are some factors that Amy should consider when determining whether shift leaders are exempt or non-exempt?

Support your analysis with at least two recent scholarly sources to substantiate your insights.

The analysis should be presented in APA format.

The analysis should be 3-5 pages in length, excluding the title page, abstract and references.

HRA 562 Compensation Strategic Persp

Module 3 Applied Assignment 3

Prepare a paper that explains the strategic differences between pay for performance and pay for knowledge systems. Include an analysis of how various pay plans used for teams align with pay for performance and pay for knowledge systems.

The paper should be presented in an APA format.

The paper should be 4-6 pages in length, excluding the title page and reference list.

The Applied Assignments Scoring Rubric can be found in Doc Sharing.

HRA 562 Compensation Strategic Persp

Module 5 Applied Assignment 4

Prepare a paper that presents the 5-step process for constructing a pay structure. The paper should present the steps in chronological order and explain the main objective of each step, as well as describe the key considerations of each. Use at least two recent articles (not older than 5 years) to inform your work in addition to the Martochhio textbook.

HRA562 Full Course Assignment

HRA562 Full Course Assignment

HRA562 Full Course Assignment

HRA562 Full Course Assignment

HRA562 Full Course Assignment

The analysis should be presented in an APA format.

The analysis should be 4-5 pages in length, excluding the title page and reference list.

The “Applied Assignments Scoring Rubric” can be found in Doc Sharing.

HRA 562 Compensation Strategic Persp

Module 6 Applied Assignment 5

Imagine you are designing an incentive plan for your organization’s (or an organization of your choice) middle managers. Create both short-term and long-term incentives, explaining why you feel they will be motivating to middle-managers. Why does this group require separate consideration?

The analysis should be presented in an APA format.

The analysis should be 3-4 pages in length, excluding the title page and reference list.

The “Applied Assignments Scoring Rubric” can be found in Doc Sharing.

HRA 562 Compensation Strategic Persp

Module 8 Applied Assignment 6

Read the North American Expansion for Threads Apparel case study on page 338-339 in the Martocchio text, and then prepare a 2-3 page paper that presents your analysis of the case by answering both questions. APA is not required for this paper.

HRA 562 Compensation Strategic Persp

Module 3 Labor Legislation Presentation

Review all of the Labor Legislation Presentations posted in this forum. Select one (1) and respond to that classmate by asking one question about the legislation that will deepen your understanding of its background, its implications for your industry, or the future of the legislation. Be sure your question is open-ended so that your classmate will be able to provide a substantive response. Selection of a presentation to respond to is on a first-come, first-served basis. You may not respond to a presentation that has already received comments from another student. Reply to the question asked about your presentation.

HRA 562 Compensation Strategic Persp

Module 8 Compensation Project

Compensation Policy

You’ve developed a compensation strategy for your organization. Great! Now, you can answer the compensation policy questions from this potential employee? Click on the question marks to see his questions.

Is the pay increase based on performance

What are the eligibility requirements for vacation and personal leave

What are the criteria for promotions

What are the eligibility requirements for the 401k plan

Is performance-based pay in addition to cost of living increases

When is the first pay increase possible

What are the opportunities for advancement

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You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.

ADDITIONAL INSTRUCTIONS FOR THE CLASS

Discussion Questions (DQ)

Initial responses to the DQ should address all components of the questions asked, include a minimum of one scholarly source, and be at least 250 words.
Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source.
One or two sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words.
I encourage you to incorporate the readings from the week (as applicable) into your responses.
Weekly Participation

Your initial responses to the mandatory DQ do not count toward participation and are graded separately.
In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies.
Participation posts do not require a scholarly source/citation (unless you cite someone else’s work).
Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.
APA Format and Writing Quality

Familiarize yourself with APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required).
Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation.
I highly recommend using the APA Publication Manual, 6th edition.
Use of Direct Quotes

I discourage overutilization of direct quotes in DQs and assignments at the Masters’ level and deduct points accordingly.
As Masters’ level students, it is important that you be able to critically analyze and interpret information from journal articles and other resources. Simply restating someone else’s words does not demonstrate an understanding of the content or critical analysis of the content.
It is best to paraphrase content and cite your source.
LopesWrite Policy

For assignments that need to be submitted to LopesWrite, please be sure you have received your report and Similarity Index (SI) percentage BEFORE you do a “final submit” to me.
Once you have received your report, please review it. This report will show you grammatical, punctuation, and spelling errors that can easily be fixed. Take the extra few minutes to review instead of getting counted off for these mistakes.
Review your similarities. Did you forget to cite something? Did you not paraphrase well enough? Is your paper made up of someone else’s thoughts more than your own?
Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for tips on improving your paper and SI score.
Late Policy

The university’s policy on late assignments is 10% penalty PER DAY LATE. This also applies to late DQ replies.
Please communicate with me if you anticipate having to submit an assignment late. I am happy to be flexible, with advance notice. We may be able to work out an extension based on extenuating circumstances.
If you do not communicate with me before submitting an assignment late, the GCU late policy will be in effect.
I do not accept assignments that are two or more weeks late unless we have worked out an extension.
As per policy, no assignments are accepted after the last day of class. Any assignment submitted after midnight on the last day of class will not be accepted for grading.
Communication

Communication is so very important. There are multiple ways to communicate with me:Questions to Instructor Forum: This is a great place to ask course content or assignment questions. If you have a question, there is a good chance one of your peers does as well. This is a public forum for the class.
Individual Forum: This is a private forum to ask me questions or send me messages. This will be checked at least once every 24 hours.