Employment Law Compliance Plan Ginger Sacco University of Phoenix HCS 531 Mary Jo Payne November 24‚ 2014 MEMORANDUM TO: Traci Goldman FROM: Ginger Sacco DATE: November 24‚ 2014 Subject: Employment Laws Regarding your request‚ I am compiling employment law compliance plan for a Mr. Bradley Stonefield. Mr. Stonefield is planning to open a limousine service in Austin‚ Texas. The limousine service employment goal is to employ 25 employees within the first year. This memo will
Premium Employment Law United States
The Value of HRM to Business -Performance Related Pay Word Count: 2942 Table of Content 1 Introduction 3 2 Literature Review 4 3 Case Study 8 3.1 Case 1-Performance Related Pay: What Makes a Successful Scheme? 8 3.2 Case 2 - Performance related pay: a case study of a small business. 10 4 Analysis 12 5 Conclusion 17 Reference 18 Introduction Human capital plays a vital role in providing the organisation with
Premium Management Reward system
Benefits and Drawbacks of Performance-Based Compensation posted by Pat Wootton on December 3‚ 2011 In our parents’ day‚ salary was generally based on seniority; every employee in a comparable position earned the same‚ with annual increments and cost-of-living raises. Seniority was rewarded‚ youthful enthusiasm perhaps not. The obvious drawback to this system was a tendency for long-standing employees to become comfortable with their guaranteed salary and become less motivated. Additionally‚ there
Premium Motivation Employment
1. Basic of performance-related pay (PRP) The popular reward system‚ performance-related pay (PRP) is defined as ¡¥a method of payment where an individual employee receives increases in pay based wholly or partly on the regular and systematic assessment of job performance¡¦ (Lewis‚ 1998). It is based on the expectancy theory that employees will increase their effort and/or direct it in specific directions to receive higher payment. (Taylor‚ 2000) It usually takes one of the following two forms
Premium Management Goal Human resource management
stumbling blocks in the advancement of meaningful change. Challenge 1: Pay for performance As discussed in the opening paragraph‚ one issue as a result of paying doctors based on fees is that there is no element of quality factored into the payments. The notion of too much quantity and too little quality provides some of the impetus in shifting how physicians are paid to a pay for performance system. Golden and Sloan define pay for
Premium Medicine Physician Health economics
Running head: E-HEALTH 1 E-Health HCS 531 E-HEALTH 2 Abstract E-health combines technology with health care. The use of this new and emerging technology allows the delivery of health care to take the form of e-visits‚ online patient charting‚ patient
Premium Health care Medicine Health economics
Technology and Health care HCS/531 Technology and Health care Technology is “the boon and bane of medicine”. It has been a great blessing for health care system of the United States by providing new treatments and cured for the chronic illnesses‚ and sophisticated diagnostic procedures to reduce complication and incapacity. Ever since the postindustrial era‚ the development of new technology has continued to change many facets of health care delivery (Shi & Singh‚ 2012). Telehealth is a type of technological
Premium Health care Medicine Illness
Business School Working Paper Series The Characteristics of Performance Related Pay Schemes Dr Mark W Gilman Canterbury Business School Working Paper No. 59 March 2004 THE CHARACTERISTICS OF PERFORMANCE RELATED PAY SCHEMES Mark W Gilman Dr M W Gilman Canterbury Business School University of Kent at Canterbury CT2 7PE Tel: 012227 823797 E-mail: m.g.gilman@ukc.ac.uk 1 Abstract Despite the growing amount of literature on performance related pay (PRP) schemes there is still
Premium Performance management
MANAGERIAL COMPENSATION BASED ON ORGANIZATIONAL PERFORMANCE: EVIDENCES IN VIET NAM BANKING SECTOR ABSTRACT Viet Nam banking sector was emerging rapidly after had joined WTO at the end of 2006 and performance contingent compensation is a widely accepted means for rewarding managers‚ but there is no empirical test of its effectiveness in Viet Nam banking sectors. Does managerial compensation to organizational performance lead to higher organizational performance? It appears to be a truism that if you
Premium Motivation Management Salary
Performance Related Pay Author of Report: Shevon Oxford (Personnel manager) The purpose of this report is to gather views from staff regarding the introduction of a performance related pay system. Requested by: Tony Milward (Personnel Director) of Transmitacom. Transmitacom is a company‚ which produces software for the telecommunication industry. Date request was made: 01/11/04 Date completed: 16/11/2004 The data was collected from a variety of books dedicated to the subject
Premium Maslow's hierarchy of needs Productivity Motivation