compensation management 3

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Question A

I uploaded the country Brazil and the info needed to complete Question A

“Pay and Benefits Outside the United States” Please respond to the following:

Select the minimum pay and retirement practices of one (1) of the countries discussed in Chapter 14. Next, determine the likely result that will occur if those practices were adopted by the United States. Provide support for your response.

Predict one (1) critical issue that could pose a major challenge to compensation professionals in the next ten (10) years. Next, propose a solution to this challenge and how a resolution could be accomplished. Justify your response.

Also respond to the following-

In our country, there are still many who are finding it difficult to obtain health insurance. Medical insurance is very expensive. As the result the option is to buy medical insurance with a high deductible- the US minimum requirement. These insurance plans have deductibles that many will never reach.

There are many articles that note, the compensation and medical benefits are much better in other countries than it is in US. Take a minute and review the article for Glassdoor- Please share your thoughts: The U.S. Lags Behind Europe in Workplace Benefits and Paid Leave; Glassdoor Economic Research https://www.glassdoor.com/blog/lags-europe-workpla…


Question B

“Looking Back and Ahead” Please respond to the following:

Determine one (1) of the most important or surprising things you learned in this course Business Compensation Management. You will then explain why this was surprising to you.

Select two (2) major concepts you learned in this course and recommend two (2) ways that organizations can use them effectively to gain competitive advantage.

Question C

Case Study – Harry Davis just finished interviewing a candidate to fill another medical billing specialist opening. As the human resources manager for MedEx, a medical billing company, Harry is concerned about the high turnover rate for the specialists. Turnover is very costly for the company, and Harry is trying to identify ways to lower the turnover rate. The candidate he just interviewed asked Harry if any of the specialists worked from home. Harry informed him that they do not right now, but telecommuting may be an option in the near future.

MedEx employs more than medical billing specialists in its office located in a busy downtown metropolitan area. Each specialist works on a group of specific accounts, coding medical records and entering them into the computer system. The specialist position requires an intense 3-week training program to learn the coding system, but once they are proficient at their work, the specialists work independently on their assigned accounts.

In an attempt to identify the cause of the high turnover rate, Harry asked the specialists to complete an employee survey that asked about their satisfaction with their pay, benefits, and working conditions. In general, the employees indicated satisfaction with pay levels and benefits, but were not satisfied in some other areas. In the “comments” section of the survey, several employees noted challenges in getting to work each day. Some mentioned heavy traffic that caused long commutes, while others noted the high cost of parking downtown. Further, many employees noted high stress levels due to trying to balance their work and personal responsibilities.

When asked for specific ideas on how to improve the work environment, more than half of the specialists noted the option to telecommute as a desirable benefit. Because the specialists work independently, telecommuting is a feasible option. The specialists would need to work in the office at least 1 or 2 days per week in order to get updates on their accounts, but it would be possible for the employees to work from home the other days. Harry now must carefully consider whether to recommend offering the telecommuting option.

From the Case above, determine whether providing employees with a telecommuting option could help resolve the current high employee turnover issue. Provide specific examples to support your response.

Using the Internet and your textbook, analyze key issues and considerations that can impact expatriate compensation. Next, identify and describe one (1) of the most challenging aspects in setting compensation. Provide specific examples to support your response.

Please answer extra credit question also:

We live in a society that is very dependent of technology. Many employees benefit from this technology, because they can work from home. Consider the following: would you used part-time or flexible employees to work from home? Consider a method or process that will hold these part-time employees accountable if the work from home? Thoughts?

 
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