Final

Instructions:  Each response is worth a maximum of 50 points.  Number and state the question.  Space and then give your response.  Each response will be a minimum 175 and maximum 225 words. Utilize the book, at least one resource beyond the course book and your personal examples in each response. This means that beyond the course text you should have a minimum of 4 references for this midterm exam. Create appropriate headings/subheading for each response and then give your detailed answer to the question.

Use Word doc. or docx only. Times New Roman, 12 font and double-space everything.  Include a cover page and reference page. Return exam via email attachment NLT.   Follow APA 6th ed. formatting requirements.

NO LATE EXAMS WILL BE ACCEPTED!

1.     In determining rates of pay, how are the decisions made as to who gets paid $7.00 per hour and who will receive $1 million for a years work?

2.     How can team effort result in improved organizational profitability? 

3.     What is reverse discrimination and how does it influence the design of an executive compensation plan?

4. With benefits consuming approximately 40 percent of the compensation dollar of most organizations, among many managers the “fringe benefit” concept still exists. Develop a detailed outline of the various components of a typically benefits program, indicating their importance and scope.  Develop the outline so that it can be used for a presentation.  (This response length may vary, so ensure you meet the requirements as stated.)