MGT 4370 Compensation Structure Exercise

1. Using the O-Net database write down the 5 essential Knowledge areasSkills, and Abilities for the following occupations: 1) Accountant, 2) Bookkeeping, Accounting, and Auditing Clerk and 3) Treasurers and Controllers (3 very commonly used benchmark jobs for designing a compensation structure for the financial area of a company). Note there will be significant overlap between the 3 occupations, so you should have significantly fewer than 15 factors in each KSA dataset.

2. Continuing with the O-Net database find the average of the occupation’s Importance and Level score for each of the Knowledge areas, Skills, and Abilities on your list from #1.

3. Using the following information calculate the Job Evaluation score for each occupation.

The company wishes to give a bonus 200 points to jobs where the bachelor’s degree is the most common education level and a bonus 400 points to jobs where the master’s degree is the most common education level. They also want to use a weighted system with a 20% bonus for the following compensable factors:

Economics and Accounting Knowledge

Administration and Management Knowledge

Critical Thinking

Judgement and Decision Making

Complex Problem Solving

Mathematical Reasoning

Deductive Reasoning

Inductive Reasoning

4. The company wishes to use a low-cost strategy and lag the market by setting internal mid-point salaries at the 40th percentile level when compared to market data using the East-Central Illinois compensation survey data. Using the information from the O-Net determine the company’s salary mid-point for the three occupations.

5. The company also wants to have a salary spread of +/- 15% from the midpoint for each occupation to recognize the work of individual employee’s in the occupation. Determine the salary range for each occupation.

6. Prepare a graphical chart with the market and company pay line, salary ranges, and job evaluation scores for each occupation. This should look similar the chart we went over in class and in your text.

7. How and when might you use linear regression in setting up a compensation structure?

8. Please feel free to contact me if you have any questions. Please note there may be a brief open-note quiz over the data you’ve obtained/calculated.

Advertisements

 Financial Planning

Financial Planning : Please complete ONE of the following assignments, incorporating ideas and concepts from the week’s lecture and/or articles. Please feel free to incorporate outside resources as well. When submitting your assignment, please indicate which of the three options you have chosen. For Options 2 and 3, please make sure to double space your papers.

Option 1: Get Creative Design and format a 10 -15 slide Microsoft PowerPoint presentation on one of the learning objectives found in the Getting Started  This Weeks Activities folder for this week. The requirements below must be met for your presentation to be accepted and graded: Design and format each slide for a presentation, see example below. The notes sections must total a minimum of 250 words for the entire presentation.  Use these sections to explain and support information provided on your slides. Include a cover slide and reference slide (these slides do not count toward the 10- 15 slide requirement). At least 60% of your paper must be original content/writing. No more than 40% of your content/information may come from references. Use at least two references from outside the course material, preferably from EBSCOhost.  Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.Identify sources on slides that contain reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) and list them on a reference slide. Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be from sources like scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

A detailed explanation of how to cite a source using APA can be found here (link).

Download a PowerPoint example here

Option 2: News Flash Choose an article from EBSCOhost that relates to at least one of the learning objectives found in the Getting Started: This Weeks Activities folder for this week. You must summarize the article, and explain the connection between the article and at least one learning objective.  Clearly state the learning objective(s) in the introduction.

The requirements below must be met for your News Flash to be accepted and graded:  Write between 500 -750 words (approximately 2 – 3 pages) using Microsoft Word. Attempt APA style, see example below. Use font size 12 and 1’ margins. Include a cover page and reference page. At least 60% of your paper must be original content/writing. No more than 40% of your content/information may come from references. Include at least one external reference other than the article being summarized, preferably from EBSCOhost.  Text book, lectures, and other materials in the course may be used, but are not considered an external reference. Identify reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the body of the paper and list them on a reference page. Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as scholarly journals found in EBSCOhost, online newspapers such as, The Wall Street Journal, government websites, etc.  Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

A detailed explanation of how to cite a source using APA can be found here (link).

Download a News Flash example

Option 3: Traditional Paper Research, identify, and discuss  what financial planning for a business is, why it is important, and what can happen if not done accurately. The requirements below must be met for your paper to be accepted and graded: Write between 500 – 750 words (approximately 2 -3 pages) using Microsoft Word. Attempt APA style, see example below. Use font size 12 and 1 margins. Include cover page and reference page. At least 60% of your paper must be original content/writing.No more than 40% of your content/information may come from references. Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement. Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page. Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

W1 Assignment 1 “Final Project – Topic Selection”

W1 Assignment 1 “Final Project – Topic Selection”

  • The final project revolves around you diagnosing a process/structure/environment in an organization that you’re familiar with and that needs improvement and designing an organizational development (OD) intervention to achieve positive change.  Organizations such as your place of employment, community groups, volunteer groups, school committees, and even city/state/Federal governments are areas to consider.
    • Using APA formatting requirements (12 point Times New Roman font, double-spacing, 1″ margins, title and reference pages), write a 250-350 word paper introducing your chosen organization and the associated process/structure/environment that needs improvement.
    • Additionally, your paper should discuss the following:
      • why you have chosen your organization;
      • a diagnosis of why the change is needed;
      • proposed organizational behavior concepts from the text that might apply as you work towards an intervention.

 

The chosen organization Is Walmart: https://www.walmart.com/?adid=22222222220220085369&wmlspartner=wmtlabs&wl0=e&wl1=g&wl2=c&wl3=178555472384&wl4=kwd-27665750&wl5=9008148&wl6=&wl7=&wl8=&veh=sem

 

management styles

As economic times change, management styles have changed accordingly. New concepts and issues of management styles have been analyzed, synthesized, and evaluated to meet the changing needs of the marketplace. The concept of change management has gained great acceptance and/or disapproval by all sectors, including civilian and military.

Katzenbach (1995) wrote that “Real change leaders are the linchpins connecting three critical forces for organizational change and performance: top leadership aspirations (what are we trying to become?); workforce energy and productivity (how will we climb the mountain?); and the marketplace reality (what do our target customers truly seek, and what can and will our potential competitors really do?) (pp. 8-9).

Analyze the changes in your field to determine if there have been periods of time in which leaders in the field, as well as actual practitioners in the field, have had to address the issue of change management. Specifically, this analysis should be based on a synthesis of the current literature (and literature no older than 1995) to demonstrate how leaders in your field of study have addressed the issue of change management – as well as any changes in management style. Finally, the student should relate these specific changes to their own current, previous, and/or future career paths. This analysis should help to reveal how you have seen changes occur over the past decade or so in your field. Finally, what possible changes, suggestions and/or recommendations would you consider to be necessary in your field of study?

 

Include 7 scholarly references in your paper.

Respond in 4-5 content pages, not including title page, abstract, or references, to each question

Professional Growth Plan

Write a seven to eight (7) page, three-part Professional Growth Plan in which you focus upon the following areas of personal and professional growth:

Part 1: Content Knowledge and Resources

Part 2: Competencies

Part 3: Reflective Activities

For Part 1, use the Internet to research professional organizations, grant opportunities, and / or virtual learning communities pertinent to philosophy of Education, and k-12 work environment.

For Part 3, use the Internet to research information on teaching and learning through reflective practice.

Part 1: Content Knowledge and Resources

  1. Select at least two (2) of the professional organizations, grant opportunities, and / or virtual learning communities that you have researched, and analyze the manner in which you would utilize the organizations you selected to support your continued professional development.
  2. Predict at least three (3) issues that you believe will be of particular significance within the next decade, or choose three (3) remaining questions that you ponder which relate to both the theme of your portfolio and your current or prospective work environment.
  3. Select one (1) of the issues or questions you identified in relation to philosophy of education and k-12 work environment, and construct an annotated bibliography of at least five (5) print and non-print resources to consult in the future.

Part 2: Competencies

Specify the development of your information literacy / research skills throughout your coursework. Provide one to three (1-3) papers / artifacts / examples from previous coursework in order to demonstrate your change(s) and acquired knowledge within this area. Note: If you do not have papers / artifacts / examples, attach the description(s) of your chosen previous assignment(s).

Develop a plan for continued information literacy development as part of your personal and professional growth plan. Your plan must include, at a minimum:

Three to five (3-5) information literacy goals

Potential means (e.g., organizations and resources that you may utilize) to achieve the information literacy goals

Relevant strategies for applying the literacy skills in educational / work environment

Specify the development of your writing skills throughout your coursework. Provide one to three (1-3) papers / artifacts / examples from previous coursework to demonstrate your change(s) and learning in this area. Identify plans for continued writing development as part of your personal and professional growth plan. Note: If you do not have papers / artifacts / examples, attach the description(s) of your chosen previous assignment(s).

Create an action plan geared toward both building upon your personal and professional strength(s), and toward improving your weaknesses related to your portfolio theme. Your plan must include, at a minimum:

Three to five (3-5) goals

Three to five (3-5) key steps that you plan to take for further evaluation and continuous improvement

Potential means (e.g., organizations and resources that you may utilize) to achieve these goals

Relevant strategies for applying the plan in educational / work environment

 

Part 3: Reflective Activities

Determine whether or not you met the reflection goal that you established (see goals below). Analyze the significant way(s) and extent to which the process of reflection caused you to become a more reflective practitioner.

My goals of having a journal are: Make sure to have available a record of the important learning experiences that have taken place in the classroom, help the student keep in touch with the self-development process and procedures that is taking place for them, provide the students with a chance to express themselves, in a personal and energetic way and show creative and resourceful interactions. I would also help students Invest in their own learning; Recognize strengths, steps and seek out opportunities to learn; Ask for detailed feedback geared toward their personal growth; See daily learning as part of a plan to meet a goal; Build ownership; support their own growth, mindset and learn a lot more with a better understanding and joy.

 

Propose two to three (2-3) measures that you would use in order to strengthen your reflective process. Provide a rationale to support your response.

Propose two to three (2-3) ways that you would apply continued reflective activities within your current or prospective work environment. Provide at least one (1) example of such application to support your response.

 

follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date.

 

Branding and Packaging

Choose one of the following two assignments to complete this week. Do not do both assignments.

also the assignment and text are attached for review…. the required chapters to read to complete assignments was chapters 6 & 7

Option #1: Branding and Packaging

In this assignment, you will analyze branding and packaging. In your essay, include the following:

  • Choose a brand that you feel loyal to and describe the product and its branding and packaging strategies.
  • Analyze the effectiveness of these strategies and compare to two similar products. Your research should demonstrate your understanding of target markets and specific demographics.

Be sure to discuss and reference concepts taken from the assigned textbook reading and relevant research. (The CSU-Global Library is a good place to search for research sources.) You must include a minimum of three credible outside references in addition to your text.

Your paper should be 2-3 pages in length, well written, and formatted according to CSU-Global Guide to Writing and APA Requirements.

Option #2: Marketing via Social Media

In this assignment, you will explore social media and marketing technology in an essay. In your essay, choose a brand (or product) that relies heavily on social media or technology to market their product. Examples would be Netflix, Uber, or Coca-Cola’s “your name” campaign. Provide the following:

  • Provide an overview or history of the brand (product).
  • Describe and explain how technology or social media is utilized for marketing purposes.
  • Demonstrate an understanding of target markets and demographics.

Your paper should be 2-3 pages in length, well written, and formatted according to the CSU-Global Guide to Writing and APA Requirements. Be sure to provide at least three outside sources in addition to your text.