Pine Belt Billboards seeks to design a variable-pay plan that encourages teamwork and business knowledge of its employees. To ensure maximum motivation, Pine Belt wants its variable-pay plan to show a clear performance-reward link. Which of the following plans is most suitable for Pine Belt? Pine Belt Billboards seeks to design a variable-pay plan that encourages teamwork and business knowledge of its employees. To ensure maximum motivation, Pine Belt wants its variable-pay plan to show a clear performance-reward link. Which of the following plans is most suitable for Pine Belt?   Stock ownership plan   Stock options plan   Cash profit sharing plan   Gain-sharing plan

Imagine that the company’s leaders ask for advice on how to build a diverse and inclusive workforce that allows it to leverage the potential of its diverse employees to enhance the company’s performance. Explain briefly the key research findings on diversity management.

In discussing "output-based compensation schemes," such as piece-rate systems, Stanford economist Edward Lazear observed, "One major advantage of this approach is that it accommodates a variety of worker preferences." But he also noted, "A disadvantage is that a pure piece-rate scheme makes the worker bear risk associated with variations in. business conditions." Source: Edward P. Lazear, "Compensation and Incentives in the Workplace," Journal of Economic Perspectives, Vol. 32, No. 3, Summer 2018, pp. 195-214. a. What does Lazear mean by the first quote above? How do these compansation schemes accommodate different worker preferences? Preferences for whar? OA Piece-rate compensation can benefit both workers who have less ability as well as those who have greater ability OB. Piece-rate pay can benefit workers who prefer to earn more income as well as those who prefer more leisure time. OC. A piece-rate system can benefit workers who prefer a slower work pace and those who prefer a…

Balanced scorecard, social performance. Comtex Company provides cable and Internet services in the greater Boston area. There are many competitors that provide similar services. Comtex believes that the key to nancial success is to offer a quality service at the lowest cost. Comtex currently spends a signicant amount of hours on installation and postinstallation support. This is one area that the company has targeted for cost reduction. Comtex’s balanced scorecard for 2017 follows.

Discuss the different kinds of incentives that can be used to motivate employees to become involved in quality improvement programs. Explain gainsharing.

Coral Creations has strategic plans that call for rapid growth, a limited number of units for each design to enhance exclusivity, designs for the perfect fit, on-time delivery to customers, retention of highly trained employees with innovative skills, and excellent inventory control. Suggest one performance measure for each dimension of the balanced scorecard for Coral Creations. Take one of your measures and discuss the linkage it has to the strategies listed from Coral’s plan. Solution A.    Financial: Internal operations: Customer service: Learning and growth: B. Rapid growth: Enhanced exclusivity: Designs: On-time delivery: Retention of employees: Inventory control:

Ladbrecks was founded by members of the Ladbreck family in the 1880s. The first store opened under the name Ladbreck Dry Goods. Building on its history of excellence in customer service, the company initiated its performance-based incentive plan to support its stated firm-wide strategy of "customer emphasis" with "employee empowerment." Management expected it to result in further enhancement of customer service and, consequently, in an increase in sales generated at its stores. The plan was implemented in stores sequentially as company managers intended to examine and evaluate the plan's impact on sales and profitability. By the end of 1994, ten stores had implemented the plan. In 1995, ten more stores implemented the plan, bringing the total to 20 out of a total of 50. Management decided to call you in to provide an independent assessment. While the company thought that sales had increased with the plan's implementation, the human resource department did not know exactly…

Kwami Williams and Emily Cunningham of MoringaConnect must understand manufacturing costs to effectively operate and succeed as a profitable and efficient business. Required 1. What are the three main categories of manufacturing costs Kwami and Emily must monitor and control? Provide examples of each. 2. What are four goals of a total quality management process? Hint: The goals are listed in a margin “Point.” How can MoringaConnect use TQM to improve its business activities?

Q) Duncan's Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality. Required: a) For each of the strategic priorities, suggest three performance measures and explain it in details. b) If the company is successful in achieving challenging targets for these performance measures, will it also necessarily achieve high profitability? Explain your answer.

In addition to the "Shop," what other initiatives does Barcelona have in place to enhance employee fit? Are there any additional recommendations you have for the firm to better the fit of new personnel with the role and the organization?