Friday, January 3, 2020
The Nature And Causes Of The Compensation Problem
Describe the nature and causes of the compensation problem described in this incident In relations to Dr. Carl Jones and Dean Smithââ¬â¢s merit processes, the university has a policy to provide pay increases based on merit. To meet that objective, Dr. Jones has created a robust systems of metrics to evaluate his staff based on specific criteria. Dr. Jones process includes a weighted point system with 40 percent based on teaching, 40 percent based on research and 20 percent based on service. As chair of his department, Dr. Jones provided his recommendations for salary increases based on his detailed criteria to the Dean who approved them. The issue with Dr. Jones system is that the employees had no knowledge of the criteria for top performance until the end of the year. Only in their review did they learn what was needed to be considered a top performer. The employees were not allowed to patriciate in the process and set the goals. The shift from an academic-teaching perspective to a research-based perspective should have been communicated earlier in the year so the professors could adapt their approach to their work and schedule research appropriately. Additionally, the service area may not have been an area of focus in the past. These professors are now being judged by standards that they were not aware of and are being penalized and/or rewarded based on them. Dean Smith provides a standard rating all chairs of 4 percent. This is a central leniency rating error and is a commonShow MoreRelatedCtitical Thinking Techniques of Root Cause Analysis Essay1135 Words à |à 5 PagesCritical Thinking Techniques Used In Root Cause Analysis Root cause analysis is a common term used by investigators and analysts that means different things to different people. 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Different types of business groups and their community has considered the interest of stakeholdersââ¬â¢ by which they can able to attract the main attraction of all companies and their directorââ¬â¢s. CEO has paid the overall view of different types of marketing models and their impact on market with the help of principle agent models. Under this toning vision th e payment is use to decrease the main hazard problemRead MoreMGT 623 Week 1 Assignment Essay example785 Words à |à 4 Pagesï » ¿ Tiffin University Problem Solution Analysis Paper Submitted for Course Number MGT 623 Legal and Ethical Issues in Management Dr. Dave Ibarra By: Lauren M. Middleton October 26th, 2014 Milton Friedmanà advocates the classical theory of business, which essentially holds that businesses should be solely devoted to increasing profits as long as they engage in open and free competition devoid of fraud. Friedman was an advocate of free market forces, he would recommend thatRead MoreResearch Methodology1700 Words à |à 7 Pagesspecific topic . In fact, research is an art of scientific investigation. The term research refers to the systematic method consisting of enunciating the problem, formulating a hypothesis , collecting the facts or data , analyzing the facts and reaching the certain conclusions either in the form of solutions toward the concerned problems or in certain generalizations for some theoretical formulations It is actually a voyage of discovery Research Purposes To gain familiarity with a phenomenonRead MoreShould Students Bullied At School Should Receive Crime Compensation?1586 Words à |à 7 Pagesreceive crime compensation. What is crime compensation you all might be wondering? 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Several questions have been raised in retrospect about
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