Course Essay Example | Topics and Well Written Essays - 5000 words

Course - Essay Example Most often, behaviour, poor performance, and violations of the company’s policies warrant company’s discipline. Dealing with this matter is very important on the part of the company in the development in the attitude in the workforce and also for the advantage of the company’s interest to deliver good quality of products in the increasing demand in the competing world of business. In handling certain situations regarding this, companies adhere to some of the progressive disciplinary process such as verbal caution, verbal warning, written warning, suspension the decision to leave, and termination. Jack manages a call centre for a mail order company. Frequently his reps end up staying late because call volume is heavy. These results in a lot of overtime pay that Jack would like to avoid. He’s considering reclassifying the position as exempt so he wouldn’t have to pay them overtime. He would, however, give them a small raise when he reclassifies them. Do you think Jack’s idea has merit? Discuss the pros and cons. Answer: With regard to the idea of jack that represents the company as a whole, I think it would be best to lay down some of the legal basis before pursuing to these reclassifications of job. The companies, before hiring, has probably gone through job descriptions and in reclassifying those, there must be a compliance within the Department of Labor regulations or otherwise, misclassifications of a job will be subjected to fines and penalties as a part of the consequences. There are certain conditions that must be met for an employee to be exempt job classifications like lawyers, accountants and doctors. Advantages on the part of the company on the exempt job classification is that the company is not required anymore to pay any back overtime but it is also nice that the company offers to pay something even if not being required to do so. I think it is also beneficial on the part of the employee considering that the change takes place only in the classification and not on the job so it is expected that the working hours beyond 40 hours weekly is subjected to be paid as overtime. You are the HR Manager for a retail store with 4 locations within one metropolitan area. The company's sales/marketing strategy has been to be the low cost leader (i.e. have lower prices than competitors), and therefore the compensation strategy has been to pay its store employees just above minimum wage, in the first quartile. Your boss has just told you that he is changing the strategy and now he wants to provide "optimum service", and not necessarily the lowest prices. What changes should be made in the company's compensation strategy as a result of this new direction? You expect your boss will be surprised at how much impact the new pay strategy will have on the payroll budget. What could you suggest to reduce the impact? Answer: In the situation that was given above, there were two concerns involved that have to b e dealt with, the increase in the salary and implementation of the lower cost of the products against the competitors. Lowering the price of the products at the store against the rest of the competitors is a very powerful strategy in attracting more customers that would increase the sales in a certain stores. With regard to these the company is eyeing to also increase the compensation on the part of the wage of the workforce. I think that the main objective of the compensation