This website uses cookies to ensure you have the best experience. Learn more

Hr434 Exam 2 Essay

940 words - 4 pages

Take Home Exam #2
Due Sunday night in week #7
Name:_____

1. (11 points) Why is it necessary for an organization to appraise performance formally?
Performance appraisals are necessary for an organization to understand each employee’s skills, abilities, and competencies. Performance appraisals are used to rate the employee’s performance. Formal performance appraisals are important to organizations because they clarify the employee’s roles and responsibilities, and helps align individual goals with organizational goals. Formal performance appraisals also allows for evaluation of the employee’s performance and contribution towards organizational goals. Formal performance ...view middle of the document...

Knowledge resided in the interaction between the capacity to learn and the ability to learn. Knowledge is the understanding of theories and concepts, such as problem solving, and includes knowledge gained for experiences, tacit knowledge. Competencies are the basic units of knowledge and skills employees must acquire or demonstrate in order to perform work assignments successfully.

4. (10 points) Describe the difference between trait-oriented and results oriented performance appraisal instruments.
A trait-oriented performance appraisal is based on the employee’s personal traits and less on actual performance. Trait-oriented performance appraisals tend to be more dependent on office politics. Results-oriented performance appraisals are focused on benchmarks, setting individual goals, measuring performance, and then measuring success based on the accomplishment of goals and objectives.
5. (10 points) What are the principal differences between defined benefits plans and defined contribution plans?
A defined benefits plan includes a formula that defines the benefits an employee is to receive. An employer with a defined benefits retirement plan must make annual contributions to the plan based upon actuarial computations to pay the vested retirement benefits. A defined contribution plan involves the payment of a specified annual amount to the account of each participant. The amount may be based on (1) a flat dollar amount, (2) a formula, or (3) an amount equal to a percentage of the participant’s base pay.

6. (10 points) What is reverse discrimination and how does it influence the design of an executive compensation plan?
Reverse discrimination is a form of discrimination that occurs against members of a dominant or majority group, or in favor of members of a minority or disadvantaged group. Highly paid employees, like executives, experience reverse discrimination because of laws and legislation meant to help minorities. Executives face discrimination in: pension plans, receiving a much less percentage of tax-free benefit in the pension payment than lower-paid employees; long-term disability, only receiving 16 percent of their base pay. ...

Other assignments on Hr434 Exam 2

Course Syllabus Essay

2610 words - 11 pages final exam. | | |Note 2: The grading scale is absolute; therefore there will be no curve grading. | | |Note 3: Grade Appeals: | | |http://www.ccc.edu/departments/Documents/CCC%20Grade%20Appeal%20Form.pdf

Management Essay

1477 words - 6 pages Boeing Management Planning Heather Oetzel MGT 330 October 22, 2012 Joe Cheng Abstract Boeing is known as “the world’s leading aerospace company and the largest manufacturer of commercial jetliner and military aircraft combined ("The Boeing Company: About Us", 2012). Every company uses different types of management techniques including how the planning function of management is used. Planning allows organizations to develop how the

Assisted Suicide

1015 words - 5 pages Should physician-assisted suicide be legal? While I believe if one chooses to end his or own life through physician assistance for reasons that they chose, the choice should be up to the individual. Physician-assisted suicide should be at one's discretion. “Assisted Suicide, also called Voluntary Euthanasia, is currently a contentious issue in many countries. Because Euthanasia is legal in a few modern democracies: the Netherlands, Belgium

Tanglewood Case 1

797 words - 4 pages Tanglewood’s staffing strategy requires the organization to make key decisions about the acquisition, deployment, and retention of the organization’s workforce. In order to accomplish this, Tanglewood’s must make thirteen decisions regarding its staffing levels and its staffing quality. One of the first decisions that Tanglewood needs to choose is to acquire or develop talent. Tanglewood should try to develop their current talent because one

Nnnnn

1391 words - 6 pages Есе по въпроса: Кои от всички „действащи” лица могат да се разглеждат като морално отговорни и в какво именно? по казуса Форд „Пинто” Корпоративните злодеяния са нанесли повече вреди на обществото от всички улични престъпления взети заедно. Според данни на ФБР сумата от уличните престъпления възлиза на $3.8 млрд. годишно, а загубите от корпоративните измами между $100 млрд. и $400 млрд. годишно

The Penis

1052 words - 5 pages The short story ”The Penis” is written by Hanif Kureishi. The short story is about a penis, which has been separated from its owner Doug, who we hear from later on. At first though we hear about a guy called Alfie who was “a cutter – a hairdresser – and had to get to work”. He is having breakfast with his wife, when she asks him what he did last night, and if he had a good time last night? Alfie can not remember what he did last night, he then

Managed Care Paper

543 words - 3 pages Managed Care and Case Management Care Marvin Lloyd BSHS/402-Case Management 27 August 2012 Virgil Miller Managed Care are techniques employed to help reduce the cost for providing health benefits and a system for improving organizations quality of care

Media

439 words - 2 pages The life expectancy is lower; so people are not kept alive with drugs for decades in a virtual sleep state. There is less state education; so kids don't have it drilled into them that their only goal in life is to make money, at the cost of 'everything' else. The health care is less; so diseases, usually brought by Westerners, kill many more than they do in countries where drug companies can make a fortune from selling medicines that aren't

Chapter 6 International Business

7113 words - 29 pages Subsidies Learning Objectives 1. Describe the policy instruments used by governments to influence international trade flows. 2. Understand why governments sometimes intervene in international trade. 3. Articulate the arguments against strategic trade policy. 4. Describe the development of the world trading system and the current trade issues. 5. Explain the implications for managers of developments in the world trading system

Scope And Goals

279 words - 2 pages Introduction: Kudler Fine Foods is a specialty food store based in San Diego, California with its three locations in La Jolla, Del Mar, and Encinitas. Kudler Fine food prides itself on offering fresh and organic products that are carefully selected from local farmers and around the world. The organization has recently taken the initiative to start a Frequent Shopper Program to market and increase sales. This program will offer the customers a

Meerkat

251 words - 2 pages Meerkat The meerkat or suricate, Suricata suricatta, is a small mammal belonging to the mongoose family. Meerkats live in all parts of theKalahari Desert in Botswana, in much of the Namib Desert in Namibia and southwestern Angola, and in South Africa. A group of meerkats is called a "mob", "gang" or "clan". A meerkat clan often contains about 20 meerkats, but some super-families have 50 or more members. In captivity, meerkats have an average

Similar Documents

Mgt216 Essay

714 words - 3 pages The first ethical issue presented in the ethics game simulation was whether to warn consumers about the contaminated product and what information to provide consumers about the contaminant. The second ethical issue was whether to sell a product that does not meet U.S. safety requirements in a foreign market that has lower safety restrictions. G-BioSport was not required to meet prior approval from the Federal Drug Administration before they

Economy Effect Of Marijuana Essay

277 words - 2 pages Modern American History by Alan Renga 2nd Mid Term! You will be given 3 Short Essay questions and 20 Multiple Choice questions deriving from this list! 80 points total! The 1920s Warren Harding then Calvin Coolidge Tea Pot Dome 1st Red Scare Immigration Restriction, Sacco and Vanzetti Langston Hughes, Marcus Garvey, KKK Prosperity, advertising Prohibition, Al Capone Flappers, Clara Bow, Rudolph Valentino Babe Ruth, Jack Dempsey

The Vc Shakeout Essay

2033 words - 9 pages restructured if it’s going to influence innovation—and make solid returns to investors. by Joseph Ghalbouni and Dominique Rouziès 83% 0% VC QUARTERLY RETURN RATES, 1981–2009 SOURCE CAMBRIDGE ASSOCIATES LLC U.S. VENTURE CAPITAL INDEX 2% T ILLUSTRATION: ANDREW BANNECKER he sky is falling on the venture capital rainmakers. Over the past 10 years their quarterly internal rate of return (IRR)—the primary measure of VC success—was dismal

Hospitals Paper

6014 words - 25 pages . This was a great time to be working in the hospital industry. A year later in 1966 a 2% add on was given to hospitals for their services. The very next year this was taken away. This type of reimbursement proved to be disastrous for the government budget. In 1966 the House Ways and Means Committee gave an estimate of what Medicare was going to cost by 1990. Their figure was 12 billion dollars this included an allowance for inflation. By the time