Upon reading the case study on allocating the merit raises among the professors at Small State University‚ I have decided to use the attribute approach. The attribute approach is defined by Human Resource Management: Gaining a Competitive Advantage as: “ Focusing on the extent to which individuals have certain attributes (characteristics or traits) believed desirable for the company’s success. The techniques that use this approach define a set of traits-such as initiative‚ leadership‚ and competitiveness-
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several different types of rewards or incentive systems to compensate employees. Merit pay is the most frequently used system which rewards teachers with base increases or bonuses for acquiring and demonstrating specific knowledge and skills needed to meet educational goals such as improving student achievement. The million dollar question is‚ does merit pay increase teachers’ performance? Those in favor of merit pay argue that teacher performance should be based on a broad range of factors that
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Performance reviews are an integral part of business. Employees crave feedback‚ whether it is positive or negative‚ as it provides motivation and a better understanding of the job requirements. Anniversary Date and Common Merit Date performance reviews each have advantages and disadvantages. It would behoove the human resource professional to choose the approach that best suits their organization’s needs and goals. Some of the factors that should be taken into consideration are; planning cycles‚
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Case Study: Merit Enterprise Corp March 19‚ 2013 After careful review Merit Enterprise Corp case study the pros of option 1: (assuming that JP Morgan Chase will continue to extend season credit lines and medium term loans.) First‚ it would keep Merit Enterprise as a private company. Secondly‚ Merit’s would have the right of non-disclosure. Private companies are not required to disclose details about their operations. Third‚ Merit Enterprise does not have to answer to shareholders if the stock
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Assignment 1.3: Case Study: Merit Enterprise Corp Sara Lehn‚ chief financial officer of Merit Enterprise Corp.‚ was reviewing her presentation one last time before her upcoming meeting with the board of directors. Merit’s business had been brisk for the last two years‚ and the company’s CEO was pushing for a dramatic expansion of Merit’s production capacity. Executing the CEO’s plans would require $4 billion in capital in addition to $2 billion in excess cash that the firm had built up. Sara’s
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Scientific merit provides evidence‚ proof‚ and need of study to setup a foundation for the researcher to build on. Setting up this foundation provides value to the research being conducted. Scientific merit is important to explore the background information on the topic of interest to make sure there is a need for study. There are many components of scientific merit that help with ensuring the conducted study is appropriate from location of study to procedures being used in a study. Before conducting
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candidate’s employment information is given to help determine the merit raise decision. Before the decision can finalize‚ research and analysis will be conducted. A case solution will include the implementation of management approval‚ budget recommendations‚ communication and essential steps of the new policy to the university‚ and fair distribution of merit raise. Keywords: merit raise‚ human resources‚ performance evaluation‚ merit raise procedures Introduction Small State University
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Though there is support from psychological concepts for the implementation of merit pay increasing student achievements‚ there are also opposing arguments as to why merit pay would not help increase student performance. For example‚ educators cannot control who is assigned to their classes‚ and the motivation and ability of the students varies every year (Ramirez‚ 2011). The ability varies because of the different backgrounds the students come from which affects their intelligences‚ learning capabilities
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Fifteen Million Merits episode illustrates compelling dystopian society. The non narrative element that made the episode an example of a compelling dystopian was the music. Notice when in the when Madsen woke and he plugged the ear plugs in his ear‚ his face showed a face of sorrow. Madsen did not want to live in that society where he had to run everyday to gain points to live by. He wanted to make it big like Selma and gain his first opportunity when he heard Abi in the bathroom. He believed that
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shell that simply complies with rules and obligations without question or hesitation. This scenario is not the way most humans would choose to spend their lives‚ if you could even call a hollow existence‚ a life. The society within Fifteen Million Merits‚ is entirely based on consumption and does not allow for members to express or feel their human qualities leading
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