John Carl S.

Maravilla
WSALADM

1. Describe stock holders perspective on compensation.

- Compensation is viewed by society as a measure of justice as well as a
cause of increased taxes and price increases. Stockholders are concerned
with executive pay relative to company performance. To stockholders,
executive pay is of special interest. In Canada, pay for executives is
supposed to be tied to the financial performance of the company.
Unfortunately, this does not always happen. For example, between 1990 and
2001, share prices increased about 300 percent; corporate profits increased
116 percent, but CEO pay increased by 535 percent. Consider the high pay
low performance of BCE Inc.s CEO Jean Monty in 2001. In a year when
returns to BCE shareholders declined by 14 percent, Montys pay increased
by 452 percent.
2. What are the different ways in which employees see compensation?
- A standard base pay program offers fixed salary ranges for each position type
for employees performing the standard duties of their jobs. Set up minimum and
maximum levels within those pay ranges to account for variations in experience
and skill levels. When setting the base pay structure, determine where your
company falls within your own industry as well as competing industries that may
also offer job opportunities for your employees. Set up your pay levels to be
competitive, or else you risk losing employees. You can use the Internet to find
industry-standard salary levels for specific jobs in specific geographical areas
3. What are the different ways in which pay can influence employee
motivation and behaviour?
-Pay can influence employee motivation and behaviour because when employee
didnt get the right amount of their hardship, employee will think that, they should
not work very hard because company didnt pay the right amount of employees
compensation.
4. Describe the various returns receive from work.
-When you work so hard you should receive a right payment or compliment to
your boss because it can help to boost your skills and knowledge. It can help you
to work very hard because in your mind your boss will pay you and say
compliment.

5. What are the advantages of an egalitarian structure over a hierarchical

structure?
- The primary advantage of an egalitarianism company is the opportunity for all
workers to contribute equally and share recognition for success. Each individual
worker is responsible for personal and team tasks without a chain of authority
figures to confuse communication, deliver orders and claim responsibility for
positive results that others worked for. This type of workplace culture promotes
individual accountability. It also gives workers more freedom. Finally, an
egalitarianism company can use its structure as a recruiting tool, attracting
workers who are dissatisfied with traditional workplaces.
6. Describe the importance of an internal structure?
- Without a formal organizational structure, employees may find it difficult to know
who they officially report to in different situations, and it may become unclear
exactly who has the final responsibility for what. Organizational structure
improves operational efficiency by providing clarity to employees at all levels of a
company. By paying mind to the organizational structure, departments can work
more like well-oiled machines, focusing time and energy on productive tasks. A
thoroughly outlined structure can also provide a roadmap for internal promotions,
allowing companies to create solid employee advancement tracks for entry-level
workers.
7. Write short notes on virtuous and vicious circles.