Human Resource Management Essay Assignment
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Human Resource Management Essay Assignment
Running head: MANAGING TALENT 1
MANAGING TALENT 4
Managing Talent
Gab Cortez
Kaplan University
MT 203 Human Resource Management
Prof: Diana wells
February 21, 2014
Managing Talent
Wal-Mart being one of the major companies in America has employed many citizens. The company attracts many laborers due to the remuneration package that they offer. The company offers an incentive pay on the total compensation of Wal-Mart’s employees. All the employees are offered the same package but it differs in terms of percentages. Employees at management level are paid more and the percentages decrease towards lower level employees. The CEO being paid the most amount of money. There is an impact of incentive pays on total compensation of Wal-Mart’s CEO and the company’s average workers. The impact is that the more workers are able to achieve their targets the more incentive the CEO gets. Incentive pay makes the total compensation of both the CEO and the company average worker to increase. The only difference between the two is the fact that an average worker is paid so much less than the CEO .
There is a reason why the difference in the way pay is structured at these two levels. This is because at the CEO level he is being compensated for being with the company for the length of time he has been with them. Also, it is through the guidance of the CEO that the company is able to achieve its objectives. All the employees do is implement the strategies that they have come up with. This is why the difference in the way pay is structured at these two levels makes business sense.
The store workers at Wal-Mart would not feel that the decision of the equity of the difference between their total compensation and Mike Duke’s compensation is fair. To them they would feel that they are doing more to build the company than what the CEO does. The difference in incentives paid by the company would motivate the junior workers to work hard. They know that the result of being vigilant in their work they would attain management level positions. More money is a great motivator for workers. This is why they will be fully motivated to ensure that they work hard to ensure that they are promoted. Therefore, a junior worker will ensure that they will do their best at work. They are assured that their efforts will be honored and rewarded by a promotion. This is another incentive that any employee is assured of. Any person that is diligent in their work will get a promotion and with the promotion they will get more incentives and compensation .
The incentive pay policy is very good. However, there are some changes that if made will make the policy better and more effective. The changes will make the incentive pay and compensation package more attractive to prospective and potential employees. The change I would champion for would be to ensure that the workers are rewarded in relation to the work they put in. It is human culture to take advantage of the work that other people have done (Greenfield, 2000). Thus, in rewarding individual efforts in additional to incentives that a person gets will motivate workers more. It will make the workers go an extra mile to ensure that they get this additional incentive. It will also help to highlight the workers that ride on the achievements of other workers. This strategy will better support the existing ones so as to help motivate the employees more.
Reference
Greenfield, F. (2000). The rainbow system: Motivating with money. Chalford: Management Books 2000.
Unit 7 Wal-mart Case Study |
Content |
Points Possible |
Points Earned |
Compare the impact of incentive pay on the total compensation of Wal-Mart CEO and the company’s average workers. Does the difference in the way pay is structured at these two levels make business sense? Why or why not? |
12 |
12 |
How do you think Wal-Mart’s store workers would judge the equity of the difference between their total compensation and Mike Duke’s total compensation? Do you think the difference would motivate them to work hard to move into management positions? Why or why not? |
13 |
13 |
What, if any, changes you would recommend that Wal-Mart makes to its policies for incentive pay so that its compensation better supports its strategy? At least two academic sources are used to reinforce and support ideas. Meets minimum length requirements. |
15 |
11 |
Mechanics |
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*Clearly stated purpose and viewpoint *Logical transitions between ideas *Organized and focused *Correct grammar, spelling and punctuation |
10 |
10 |
|
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Total Points |
50 |
46 |
Comments |
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Hi Gab, your answers to the case study questions were good and demonstrate your critical evaluation of the topics presented in the case. Your writing is clear with minimal spelling and grammatical errors. My suggestion for improvement is to remember to include in-text citations in the body of your paper after the supporting data you take from an outside source. In-text citations are an important part of giving credit where credit is due. Also, make sure to use the case study template that is provided.
�Citations needed
�Citations needed
�You need a minimum of two references.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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