compensation. Pay Equity: Internal and External Considerations KENT ROMANOFF Associate Hay Group‚ Inc. KEN BOEHM Labor Economist Pacific Telesis EDWARD BENSON Vice-President‚ Hay Group‚ Inc. EqUity (or fairness)‚ a central theme in compensation theory and practice‚ arises in many different contexts. Here‚ for example‚ are some major areas: • The legal and economic issue of equal pay for similar work (comparable worth). • Pay differences caused by external competition or market pressures
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STRATEGIC MANAGEMENT COHESION CASE: THE COCA-COLA COMPANY Source: Excerpted from Pearce‚ J.A. and Robinson‚ R.B. (1994). "Strategic Management: Formulation‚ Implementation‚ and Control". Irwing. Adapted by Diego Medina. Las Palmas de Gran Canaria University I. COMPANY MISSION AT THE COCA-COLA COMPANY At the heart of Coca-Cola‚ especially in its first 100 years‚ there has been a commitment to intense marketing and to the preservation of its patented formulas and processes to make its special
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I. SEMANTIC CHANGE. TYPES OF SEMANTIC CHANGE. The development and change of the semantic structure of a word is always a source of qualitative and quantitative development of the vocabulary. All the types discussed depend upon some comparison between the earlier (whether extinct or still in use) and the new meaning of the given word. This comparison may be based on the difference between notions expressed or referents in the real world that are pointed out‚ on the type of psychological association
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externally (by an outside firm). As defined by the Institute of Internal Auditors (IIA)‚ "Internal auditing is an independent‚ objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic‚ disciplined approach to evaluate and improve the effectiveness of risk management‚ control‚ and governance processes. Internal Auditors’ roles include monitoring‚ assessing‚ and analyzing organizational
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Internal and External Equity Comparisons Organizations that has the drive to flourish in a market that is very competitive must have a compensation plan that is well designed and inspires its employees‚ has benefit programs‚ guarantees equity‚ and handles compensation costs. These plans should mirror the culture of its employees. Organizations have numerous of options when designing a compensation plan comes into play‚ and must consider how the options they have chosen will be suitable for their
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between Internal and External Motivation When asking the question "what is the difference between internal and external motivation?"‚ one may assume that the answer is simple. At first glance‚ one would simply say that internal motivation is something that someone uses to motivate themselves from within. In the same sense‚ one would say that external motivation is something that a person would use to "motivate" others to accomplish a task or achieve a certain goal. Internal motivation
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Internal and External Users of Accounting Data Accounting data is important to the many stakeholders of a business. By analyzing the data‚ stakeholders can determine many things about a business‚ including its profitability‚ current cash position‚ whether it might be able to repay loans‚ and much more. Users of accounting data fall into two categories: internal users‚ and external users. Internal users of accounting data are actually employed within the business‚ and use the
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factors of the external and internal influence directly or indirectly to the organization The Internal Environment The internal environment of an organization refers to events‚ factors‚ people‚ systems‚ structures and conditions inside the organization that are generally under the control of the company. The company’s mission statement‚ organizational culture and style of leadership are factors typically associated with the internal environment of an organization. As such‚ it is the internal environment
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Tourism Management 30 (2009) 483–494 Contents lists available at ScienceDirect Tourism Management journal homepage: www.elsevier.com/locate/tourman Chinese Outbound tourists: Understanding their attitudes‚ constraints and use of information sources Beverley Sparks a‚ *‚ Grace Wen Pan b‚1 a b Tourism‚ Leisure‚ Hotel & Sport Management‚ Griffith Business School‚ Griffith University‚ PMB 50‚ GCMC‚ Qld. 9726‚ Australia Head‚ Travel and Leisure Research‚ ACNielsen China‚ the Nielsen Company
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PC and shopper gadgets commercial enterprises. This report is to explore the internal and external environment in relation to the Apple. In addiction this report will offer logical recommendations on managing the external environment relevant to the Apple. The Scope of this report is the internal and external environment in relation to the Apple. Furthermore‚ the background information will be the internal and external environment have varied
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