Discussion
The following video demonstrates that some animals can perceive fairness. Watch a clip of the video beginning at 12 minutes and 30 seconds:
de Waal, F. (2012, April 10). Moral behavior in animals | Frans de Waal [Youtube Video file].
After watching the video, answer the following question: Is perceived unfair pay ratio a personal issue for humans as well? Explain your response, and provide an example.
PPT Assignment
Review Waring's article about employee compensation. Note: both links contain the same information; only one needs to be reviewed.
• Waring, D. (2013). How to design an employee compensation plan [SlideShare slides].
• Waring, D. (2013). How to pay employees - The ultimate guide.
You are the director of compensation for a midsized organization. Prepare a PowerPoint presentation that justifies the implementation of a new compensation strategy that will support the motivational needs of knowledge workers and reinforce the real-time performance appraisal system that the organization has embraced. While your goal is to retain, motivate, and grow the current workforce of multi-generational knowledge workers, you must also justify to your senior management that this compensation strategy is competitive in the marketplace. Be sure to address the questions below in your presentation.
- What is the compensation strategy being proposed?
- Did employees provide input?
- Who else provided input?
- What incentives are included in the plan? How will it motivate the employees?
- How will employees determine fairness of the pay structure?
- Why do you believe the employees will be satisfied with this plan? Justify the compensation strategy that supports the motivational needs of knowledge workers.
- What is your communication plan for rolling out the new program?
Your presentation should describe a compensation program for knowledge workers. The title of the knowledge worker's position is entirely up to you (e.g., sales executive I, systems engineer III, etc.).
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.