short homework
POST 1: The executive positions of the organization are responsible for establishing and developing the strategy of the organization and is based on the organization's goals and objectives, after all of these is done they inform the organization's members of the directions the organization is taking (Henderson, 2006, ch., 2). The organization structure has a plan of incentives that will be taking place to meet those objectives and goals, the organization must design and implement incentives that will attract the attention of individuals that have the knowledge, skills, and attitude to help the organization meet the organizational goals and objectives. I work for a school district in the transportation department, and the goal of the department is to transport students safely to and from school, the department wants its employees to be on time and present everyday to work and at the end of the year all the drivers that had perfect attendance receives a check for perfect attendance. The quality of work-life (QWL) programs allow individuals to have a better quality of life, FMLA, sick days, medical leaves, etc., that will an individual that is force to take some time off not to be so stress out or allow them to take the time off to take care of their needs. POST 2: When it comes to the relationship between an organization's business strategy and its pay systems are designed to hire employees that can help the company grow. so in order for the organization to come up with a pay scale must base there pay on the performance of the employee that they hire. My organization that i work for provides end of the year bonuses to employees that have been working hard for the company all year. POST 3: I believe that if the federal government and U.S. business work together a competitive employee compensation package and be put together that will be competitive in the global market. This can be done by the federal government providing significant tax cuts to companies that keep their manufacturing and production in the U.S. with a clause that requires U.S. business to offer a certain level of benefits to their employees. U.S. business will also have to offer more than good wages. They will have to provide competitive benefits; stock shares, company cars. I believe that offering QWL programs as part of the benefit package can aid in creating a competitive edge. U.S. business have higher wages compared to other nations and they will have to be creative in order to create a global competitive package. (Henderson, 2006) POST 4: Globalization is the key to the future for many organization and is often a main opportunity for growth. Notably, to become more globally competitive, compensation packages is not one-size-fits all standardization across the globe. Organization must “not only do base pay, benefits, and perquisites vary by region and country, but the use of short- and long-term incentive plans also differs significantly.” (Henderson, 2006). The global compensation package is influenced by the fluctuation of tax rates and tax deduction from country to country and government-provided or -directed social security and welfare systems, therefore, many organizations recognize the need for flexibility and how government mandates and cultural factors can shape local benefits programs and employee expectations. According to MetLife, one global benefit executive takes into account how much benefits can vary from country to country. For example, in India there are complex child incentives, home incentives, health plans that include grandparents and other provisions.”(Maxis, nd). To become a more effective global competitive in attracting and retain foreign employees, management can create compensation package, that encourage a learning process to establish base pay, bonuses, and long-term incentives.