Which employee benefit do you personally value the most why

Question

1. Ch. 11 of Fundamentals of Human Resource Management discusses three classifications of rewards. They are intrinsic versus extrinsic rewards, financial versus nonfinancial rewards, and performance-based versus membership based rewards. What are the strengths and weaknesses associated with each type of reward? Which type of reward is most successful in the business environment and why? Remember to use a specific workplace example to illustrate your position.

2. Which employee benefit do you personally value the most? Why is it important for organizations to offer benefits to their employees? How do benefits positively or negatively affect an organization? What does your organization do to make sure employees understand the value of their benefits?

3. How does your organization balance the regular salary and the incentive? Is there a formula? For example, one of my former employees used a formula that 80% of the eligible employees should be able to meet the threshold for incentive compensation at least 50% of the time.

4. What are some of the issues your organization faces with regard to executive compensation? What changes in executive compensation have you seen over time that were effective or less so?

Answer 1

For the following Human resource management problems, illustrate answers in a comprehensive paragraph format by following all the rule of APA formatting. Q1. The basics of Human Resource Management describe three categorizations of rewards. They are intrinsic versus extrinsic rewards, financial versus non-financial rewards and performance-based versus membership based rewards. Determine the strengths and weaknesses related with each kind of reward? Which kind of reward is most successful in business atmosphere and why? Remember to utilize a particular workplace illustration to describe your position. Q2. Which employee advantage do you personally assess the most? Explain why is it significant for organizations to offer advantages to their employees? Explain how benefits do positively or negatively influence an organization? What does your organization do to ensure employees comprehend the value of their benefits? Q3. Write issues your organization deal with executive compensation.