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HRM 300T Wk 5 - Apply: Week 5 Apply Assignment

HRM 300T Wk 5 - Apply: Week 5 Apply Assignment PLDZ-14443 Free
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HRM 300T Wk 5 - Apply: Week 5 Apply Assignment 

 

Complete the Week 5 Apply Assignment in myEducator. You have 2 attempts to complete this assignment.

Recent successes at Clearwater Electronics have created additional financial resources for the company. As a result, management has decided to install a new incentive system for the entire organization. Management has asked the director of HR to research and present an incentive system that will best align employee motivation with firm productivity. Which of the following options is most likely to create this alignment and why?

 

A short-term incentive program would allow employees to work on short-term company goals. Upon achieving the goals, they would receive recognition and a short-term payout.

A casual reward system would allow employees to be recognized for outstanding performance and receive a small token of appreciation from the company.

A long-term incentive program would allow employees to align their work with company goals and focus on payouts that would require longer than one year to achieve.

A profit-sharing plan would allow all employees to align their work with company goals, contribute through increased productivity, and then share in the increased profits.

 

 

The HR director at Clearwater Electronics has been asked to advise the board on a proposal to implement a variable compensation plan for top executives in each department. The CFO wants the HR director to explain how the plan will encourage productivity in top management positions. Which statement best explains why a variable compensation plan would help increase performance?

 

The incentives will encourage a healthy competition among the top executives.

The incentives will recognize employees who focus on well-chosen goals.

The incentives will allow for the interests of management to be aligned with the interests of shareholders.

The incentives will only be paid if the company does well, so the managers will be motivated to meet their goals.

 

 

The HR department has conducted a series of employee surveys and discovered that many employees are unhappy with their current benefits packages. After a thorough analysis, HR decides that expanding the benefits that are offered is the best option moving forward. However, in order to increase benefits, the additional costs must be justified to the board of directors. Which of the following is the best justification for the additional costs of offering better employee benefits?

 

Better employee benefits help employees live healthier lives.

Better employee benefits help employees be satisfied with lower wages.

Better employee benefits help provide employees with peace of mind.

Better employee benefits help attract and retain excellent employees.

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