Strategic Compensation – 9TH 17
BELOW ARE COMMENTS FROM MY TEACHER ON LAST CASE STUDY TO FOLLOW IN FUTURE CASE STUDIES SO PLEAS FOLLOW INSTRUCTIONS.
So first things first. The way you framed the paper is in opposition to what we wanted. No, you did not use the specific words of a question to head your paper. But you used the phrase Question #1… 2… 3,
The whole point of this requirement is to keep you focused on an integrated and synthesized essay where required questions are answered as a matter of how you framed and wrote the essay. It is a much deeper learning experience and appropriate for grad school. Technically the penalty by rubric is a 0 for the paper. I do not execute it this way but I will use the rubric section tied to the logical and flow as a penalty area.
Watch referencing. I see a page and a quarter in the opening with no reference and I suspect there is at least one. No penalty here first time out but be mindful moving forward.
When you address if the case position is rightly classified you did not give any policy detail from the law, but rather used “In my opinion”. At minimum you should have applied the three key tests. The last sentence of the paper I do not know what an overtime fee is and if you mean something different than the standard overtime rates. Using correct words and specific ones from employment law and policy is crucial to being accurate. We have to be careful using substitute phrases.
This feedback is detailed but it is intended for growth and not discouragement. I want to help make each of us stronger and better than when we started.
The score is lower because of the penalty for the framing of the paper I mentioned above.
Ten point penalty for the question approach.
Answer the questions at the end of the Case Study assigned for the specific assignment. These are found in your textbook. assignment requires 3–4 full pages and at least 5 scholarly, resources to substantiate your position in your answer. You must carefully read the requirements below , noting the expectations beforehand. These exercises are meant to foster your comprehensive research.
The case studies are as follows:
·Case Study 2 – Case Study from Chapter 7
The specific requirements are as follows:
· As a graduate student, the expectation is quite high for your required quality and effort. Your Case Study must be written near the standard and quality of journals and other published materials.
· Cover page, abstract, reference page, and appendices do not count toward the minimum page length requirement.
· At least 5 scholarly sources are required.
· Use the current APA manual to ensure that you correctly cite your sources.
· The use of sources such as Wikipedia, Investopedia, blogs, personal or corporate websites, or even pay-for-paper or solutions-type websites will result in an automatic 0.
· Do not write in question/answer format; you will receive an automatic 0 if you do. Instead, use the questions to guide and form your paper.
Note: Meeting the minimum specifications will result in the minimum passing grade. You are expected to provide an in-depth, analytical review of the case topic. Assignments that do not meet the minimum criteria will not receive a passing grade.
Each Case Study is due by 10:59 p.m. (CST) on Sunday of the assigned modules/weeks.
Case Nutriment’s New Hires
With the demand for more nutritional food options growing, Nutriment Biotech is positioned to become a leader in agricultural biotechnology. Nutriment is a start-up biotech company that is working to develop genetically engineered food crops that offer enhanced nutrition along with easier production for farmers. Emily Hart and Harold James established Nutriment as a research organization through national grant funding 5 years ago. Nutriment is one of only a few agricultural biotechnology companies focused on enhancing nutrition in food crops. The company currently has an edge over competitors as its research has led to some scientific discoveries that now position them to grow their company significantly. As a result, Nutriment is ready to start hiring staff to get operations started.
Emily and Harold have hired Jack Stewart, an HR management consultant, to help them determine how to hire the most talented staff to grow their business. Jack works mostly with start-up technology-based companies and plans to help Nutriment implement a recruiting and hiring plan and establish its preliminary HR management practices such as its pay structure.
Nutriment has secured additional funding to allow it to ramp up full operations quickly. An analysis of its projected workload suggests it will need to hire approximately 15 new employees to get started. It will need to hire not only 10 new scientists but also administrative staff members including a receptionist, an office manager, a lab manager, a marketing professional, and an accountant.
As an experienced recruiter, Jack is confident that he will be able to quickly identify strong candidates for the administrative staff positions. The current labor market works in Nutriment’s favor, and, therefore, Jack will be able to easily generate a pool of qualified applicants. The scientists, on the other hand, will be challenging to find as they need specific expertise related to agricultural biotechnology and genetic engineering. The number of scientists with this combination of skills is limited, and the scientists are in demand by competitors. However, Nutriment is located in a geographic area rich with research universities and other biotech firms, so Jack is confident that it can attract a good pool of talent if it is able to offer an opportunity that is attractive to the scientists.
To start the recruiting process, Jack must first establish a pay structure. Before he starts researching market rates, Jack plans to meet with Emily and Harold to establish pay level policies and discuss other strategic aspects of determining the compensation structure for the new employees. Nutriment must offer a pay package that will allow it to attract and retain both the administrative staff members and the scientists. Establishing the right pay practices will help ensure that the recruitment process allows it to put talent in place to position Nutriment for success.
7-6. What are some strategic considerations in establishing a pay structure at Nutriment?
7-7. Should Jack suggest a pay policy to lead, lag, or match the market? Explain your recommendation.
|Criteria||Levels of Achievement|
|Content 70%||Advanced||Proficient||Developing||Not present|
|Content and||40 to 36 Points||35 to 28 points||27 to 1 points||0 points|
|development||Information clearly relates to||Information clearly relates to||Assignment is missing key|
|No assignment submitted|
|the main topic. It includes||the main topic. No details||elements; lacks contextual|
|several supporting details||and/or examples are given.||presentation and the central|
|thesis of the project is unclear.|
|and/or examples. All topics||All or most topics are|
|Information has little or no|
|are thoroughly addressed||generally but not|
|relation to the main topic. Topics|
|and/or all questions are||comprehensively addressed|
|and/or questions were not|
|answered. Minimum word||and all or most questions are|
|count is reached.||answered. Minimum word|
|Minimum word count is not|
|count is reached.||reached.|
|Depth and||30 to 27 points||26 to 21 points||20 to 1 points||0 points|
|Organization||The introduction provides||The introduction provides||The introduction provides|
|No assignment submitted|
|sufficient background on the||sufficient background on the||sufficient background on the|
|or is posted in question|
|topic and previews major||topic and previews most major||topic and previews one or two|
|and answer format.|
|points. Ideas flow in a logical||points. Ideas flow in a fairly||major points. Some breaks in|
|sequence. The structure of the||logical sequence. The structure||logic are present. The structure|
|paper is clear and easy to||of the paper is somewhat hard||of the paper is somewhat clear|
|follow. The paper’s||to follow. The paper’s||and easy to follow. The paper’s|
|organization emphasizes the||organization does not||organization emphasizes the|
|central theme or purpose.||emphasize the central theme||central theme or purpose.|
|Paragraph transitions are||or purpose. Paragraph||Paragraph transitions are|
|present, logical, and direct the||transitions are mostly present,||missing on some sections. The|
|flow of thought throughout||logical, and direct the flow of||conclusion somewhat derives|
|the paper. The conclusion||thought throughout the paper.||from the paper’s ideas. The|
|logically derives from the||Comprehensive conclusion||conclusion may not review the|
|paper’s ideas. The conclusion||missing.||major points toward the|
|reviews the major points||appropriate audience.|
|toward the appropriate|
|Structure 30%||Advanced||Proficient||Developing||Not present|
|Grammar/||30 to 27 points||26 to 21 points||20 to 1 points||0 points|
|Punctuation/Spelling||Rules of grammar, usage, and||Rules of grammar, usage, and||No assignment submitted|
|and Formatting||Rules of grammar, usage, and|
|punctuation are followed.||punctuation are generally||punctuation are generally||or is posted in question|
|Spelling is correct. The paper||followed but some mistakes||followed but many mistakes are||and answer format.|
|follows APA format||are evident. Spelling is correct.||evident. Spelling is incorrect in|
|guidelines. The paper is||The paper follows APA format||places. . The paper fails to follow|
|written in 12pt font, Times||guidelines but with some||APA format guidelines to|
|New Roman, double-spaced||mistakes. The paper is written||include: Written in 12pt font,|
|and 1” margins. The work is||in 12pt font, Times New||Times New Roman, double-|
|original, giving credit to all||Roman, double-spaced and 1”||spaced and 1” margins. The|
|borrowed ideas.||margins. The work is original,||work is original, giving credit to|
|giving credit to all borrowed||all borrowed ideas|