Assignment:
1. What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure?
2. Who are typically involved in job evaluation?
3. How knowledgeable are employees at your company's in the job evaluation process and job structure? Explain how and why.
4. Express your opinion about the pros and cons of job-based and person-based pay structures.
Paper
Topic for paper1:
How might a company's business strategy affect the internal alignment policies and techniques of its Total Compensation system?
• Minimum of 3 full double-spaced pages and a maximum of 5 pages. Must have a minimum of 3 non-text sources as well.
Case study
In this JetBlue Airways: Starting from Scratch case study, JetBlue Airways shows how an entrepreneurial venture can use human resource management, specifically a values-centered approach to managing people, as a source of competitive advantage. Exhibits 1, 3, and 5 are found in this Spreadsheet Supplement.
Application Report 1
Application Report 1: Prepare a 2 to 3 page report, double spaced using proper APA writing style, that compares the finances of Ford Motor Company (stock symbol: F) to the finances of General Motors (stock symbol: GM). Why has Ford been so successful, and why has GM been lagging ? Based on your comparative analysis, which senior management team is more effective and efficient in running the respective corporations over the last three years?
Your report should include topics we have discussed in the course, such as financial statements, financial ratios, and time value of money concepts.
You can find this information in the following sources: "Wall Street Journal," "New York Times," Yahoo Finance, Bloomberg, and company web sites. The company web site will often provide you with the latest fiscal reports in the "investor relations" section.
Structure your composition to include a summary of the recent earnings report. Cite financial numbers, such as those that appear on the earnings statements, balance sheets, and statement of cash flow. Relay financial ratios that we discussed in the previous units, such as:
• One or two Liquidity ratios;
• One or two Asset Management ratios;
• One or two Debt Management ratios;
• One or two profitability ratios; and,
• One or two Market Value ratios.
Describe the significance of these numbers- what do they indicate ? Explain how your report relates to our course and to practicing managers; it should provide a benchmarking and trend analysis of the firms over a three year period.
Readings:
Jet Blue Airways: Starting from scrath
Jody Hoffer Gittell
Charles O' Reilly