Identify the external influences that may affect pay levels within an organization: Economy Markets Industry Taxation Competitors Salary trends Pay cuts Shareholders Union Competitive Positioning Where does the organisation want to be in the market in terms of pay: On par with competitors Below industry (cost focused strategy) Leader in the market Set own trends Market pricing This is a system of collecting data on the pay rates for similar jobs in other organisations to establish
Premium Motivation
Cited: Page 1) Whiteside‚ Kelly (2004) College Athletes Want a cut of the Action-http://www.usatoday.com/sports/2004-08-31-top-ten-number-7_x.htm (accessed November 28‚ 2004) 2) Fleck Jon (2002) College Athletes–pay for play?- http://www.buzzle.com/editorials/1-9-2002-9123.asp (Accessed November 28‚ 2004)
Premium Education National Collegiate Athletic Association College
value of performance related pay Currently‚ many companies are utilizing the performance related pay (PRP) scheme. The PRP is often regarded as an effective method to achieve a better performance in both individual and collective terms. In the study of Cutler and Waine (1999)‚ PRP affords employees with opportunities to increase return after the performance appraisal. It is quite different with certain salary schemes‚ such as those offering an automatic increase in pay but despite employees’ real
Premium Employment compensation
The American Association of University Women tackled the pay gap question by looking at workers of the same educational attainment耀ame kind of college‚ same grades揺olding the same kinds of jobs‚ and having made the same choices about marriage and number of kids. They found that college-educated women earn 5 percent
Premium Gender Gender role Transgender
which show the true incomes pay between the two different sexes shows us that the gap is much greater. Women are actually only making sixty two percent of what men are earning. The figure is summed up when the men’s average earnings were at $49‚068 and women’s were far below the men’s income at $ 29‚507 for the fifteen year average. While the study showed that women had a tendency to work few hours‚ the men’s pay was remarkably higher. The concept that the women’s pay was as low as half their male
Premium Gender Female Woman
Employers should pay young people the same salary as older colleagues doing the same job. To what extend do u agree or disagree? The question is whether young people should be paid equally with older ones doing the same tasks is on discussion. Personally‚ I agree that the same income would be paid if younger workers perform work as well as their older colleages do. It is commonly argued that older workers often are paid higher salary than young ones because of their valuable working experience
Premium Youth Wage Employment
Pay Gaps are very common in the United States of America and even in the world. They can vary by gender‚ race‚ and even age. One that is making heads turn these days is the pay gap between adults who just have there high school diploma and adults who have a bachelor’s degree diploma. There should be a focus on getting high school students to attend a four-year college because they will be able to earn more money‚ be more likely to own a home‚ and companies tend to hire more college graduates than
Premium
1. Describe the orchestra’s pay structure in terms of levels‚ differentials and job- or person-based approach. The orchestra’s pay structure has many different levels‚ which is structured in a hierarchal nature. The differentials‚ which indicate the pay differences among levels‚ are evidenced by the fact that those that play instruments that are more highly valued are paid more. Typically‚ the positions that add more value or require greater skills are paid more than others. Since‚ there is a comparison
Premium Employment Wage Economics
This article writes that the gender pay gap does‚ in fact‚ exist. Pearson stated that "life choices" are not enough to make a wage gap because not every woman leaves work to care for children. She mentions how many have to be pushed out due to not being able to afford childcare or not being able to find a full time job. Also that women do not have much of a “choice" but to stay at home due to workplace and outside forces telling them what the “right” thing is. The article also mentions how mothers
Premium Gender Woman Gender role
De’Andre Adams Heather Surface Writing Seminar 6 May 2014 Receiving Pay For Performance: One of the most controversial topics discussed in collegiate sports‚ is that of whether college athletes should receive compensation beyond their financial aid for the services they perform. College athletics are a major source of revenue for universities‚ yet the student athletes rarely reap the benefits of the hard work that they provide. While students are awarded scholarships for their attendance in school
Premium National Collegiate Athletic Association College athletics