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This case study allows students to summarize considerations when designing incen
This case study allows students to summarize considerations when designing incentive pay programs by applying analytical thinking and application of knowledge. It also allows students to explain the practice of individual incentive pay plans by applying ethical understanding and reasoning.
Read the assigned case analysis and answer the questions that follow.
Research in the university’s electronic library to find your references from journals, books, websites, and so forth, and use them in your case study analysis.
Which Should We Recommend: Individual or Team Reward?
Companies often consider incentive pay plans to reward employees for their performance. A well-designed incentive pay plan can help a company achieve objectives through improved productivity, quality, and customer service. In order to accomplish this, the incentive pay plan must be appropriate for the particular objective. At Metropolitan Furniture, there is a need for high individual productivity and also a level of teamwork that allows the company to meet delivery dates for furniture sets that involve the effort of multiple workers. These differing needs create a challenge for management to determine the right approach in designing an incentive pay plan. Be sure to read Chapter 4 to prepare yourself for answering the case study questions.
What are some advantages of offering an individual piece-rate pay plan to the furniture builders at Metropolitan Furniture?
What are some advantages of offering a team-based incentive pay plan?
Ethics Dilemma: Incentive Pay Gone Wrong
Often, incentive pay plans can encourage undesirable workplace behaviors. The U.S. Veteran Administration instituted an incentive plan for managers to improve the efficiency of hospital operations. To reduce time in the waiting room, they started limiting the daily number of appointments. This action resulted in increased wait times to get an appointment, which led to patients waiting up to 20 weeks for an appointment and resulted in dozens dying from their illnesses while waiting for an appointment. In this case, managers either did not know how to reduce waiting room times or believed that limiting daily appointments was the easiest strategy. The incentive plan likely did not have enough specific requirements related to maintaining quality of care. Be sure to read Chapter 4 to prepare yourself for answering the case study questions.
As a compensation professional, what would you do?
What factors in this ethical dilemma might influence a person to make a less-than-ethical decision?
Rubric
AR20_HRM430 WK2 CASE STUDY
MAR20_HRM430 WK2 CASE STUDY
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeTitle Page
Title page must contain:
Course number and name
Week and assignment title
Student’s full name
Professor’s name
Date assignment submitted
5 pts
Full Marks
0 pts
No Marks
5 pts
This criterion is linked to a Learning OutcomeUnderstanding
Demonstrated a strong grasp of the problem at hand. Demonstrated understanding of how the course concepts apply to the case study problem.
20 pts
Full Marks
0 pts
No Marks
20 pts
This criterion is linked to a Learning OutcomeAnalysis
Applied original thought to questions asked. Applied concepts from the course material correctly towards answering case study questions. Each question response was at least 1 full, succinct paragraph
25 pts
Full Marks
0 pts
No Marks
25 pts
This criterion is linked to a Learning OutcomeExecution
Wrote answers clearly and succinctly, using strong organization and proper grammar. Demonstrated effective written communication that is free from errors in punctuation, syntax, spelling, and grammar. Final report is at least 1page, not including title page, graphics, and references.
20 pts
Full Marks
0 pts
No Marks
20 pts
This criterion is linked to a Learning OutcomeReference Page
Used at least three (2) scholarly sources correctly, and a reference page all in APA format.
10 pts
Full Marks
0 pts
No Marks
10 pts
Total Points: 80
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