QUESTION ONE (30 MARKS) As a Remuneration Manager in No-Direction Sdn. Bhd., Mr. Harry Styles would like to end the conf

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

QUESTION ONE (30 MARKS) As a Remuneration Manager in No-Direction Sdn. Bhd., Mr. Harry Styles would like to end the conf

Post by answerhappygod »

Question One 30 Marks As A Remuneration Manager In No Direction Sdn Bhd Mr Harry Styles Would Like To End The Conf 1
Question One 30 Marks As A Remuneration Manager In No Direction Sdn Bhd Mr Harry Styles Would Like To End The Conf 1 (242.1 KiB) Viewed 12 times
QUESTION ONE (30 MARKS) As a Remuneration Manager in No-Direction Sdn. Bhd., Mr. Harry Styles would like to end the conflict between Marketing Manager and Sales Assistants incentive plans. Specifically, Sales Assistants are not clear about the standard performance indicators that have been used to evaluate their performance. In fact, most of them are not satisfied with the calculation of the incentive rate. Mr. Harry plans to use the Individual Incentive Grid as a basis to clarify the calculation and to address all the problems related to the incentive plan. Based on Figure 1, discuss TWO (2) suggestions on how the Individual Incentive Grid could be used to resolve the conflict. Relationship Between Production Level and Pay Pay constant function of production level Method of Rate Determination Pay varies as function of production level Units of production per time period (1) Straight piecework plan (3) Taylor differential piece-rate system Merrick multiple piece rate system Figure 1: Individual Incentive Grid Time period per unit of production (2) Standard hour plan (4) Halsey 50-50 method Rowan plan Gantt plan (20 marks)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply