HRM 599 All Discussions Week 1 - 7

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Product Description
1. HRM 599 Week 1 DQ 1 Benefit Plans
HRM 599 Week 1 DQ 2 Benefit Planning Process
HRM 599 Week 2 DQ 1 Role of Government
HRM 599 Week 2 DQ 2 Government Mandated Benefits
HRM 599 Week 3 DQ 1 Healthcare Cost Management
HRM 599 Week 3 DQ 2 Consumer Driven Healthcare
HRM 599 Week 4 DQ 1 Life Insurance Plans
HRM 599 Week 4 DQ 2 Disability Plans
HRM 599 Week 5 DQ 1 Rules and Regulations
HRM 599 Week 5 DQ 2 Retirement Plans
HRM 599 Week 6 DQ 1 Paid Time Off
HRM 599 Week 6 DQ 2 Work Life Benefits
HRM 599 Week 7 DQ 1 Benefits Communication
HRM 599 Week 7 DQ 2 Benefit Administration and Cost Controls
2. The organization's three major units are timber purchasing (with five employees),
manufacturing plant (with 120 employees), and sales and management (with 12
employees).
You need to develop a job evaluation plan for the organization. Describe the difference
between person-based plans and job-based plans. Explain which one you would use.
What factors would you consider? What is one advantage and disadvantage of
each? (Points : 30)

3. (TCO C) A high-tech start-up company has retained your services to assist them in
determining a competitive market pay policy for the company to use as they staff up. In
order to help them, what information would you need about the company? Describe four
competitive market pay policies, and give an example of when an organization might
want to use each policy. (Points : 30)
4. 5. (TCO D) You are a consultant who specializes in compensation. You are working with
Midwest Highway, Ltd., a road construction company housing five plants that produce
materials for road building. The CEO of the company wants to know what type of
performance measurement tool should be used in its production facilities in the future.
The main production job in the five plants (about 85 out of the total of 125) involves
operation of machines that mix and form the surfacing materials. The production lines are
well established and product lines are consistent. The job appears to you to be a low-level
one with prescribed routines.
The CEO asks you the following question: Should we consider a straight ranking
approach, a rating system like a behavioral anchored rating scale (BARS), a management
by objectives (MBO) format, or a 360-degree multi-rater approach? Describe the four
types of performance assessment approaches. Recommend one and justify why you have
chosen it.(Points : 30)

Page Two
1. (TCO D) As the Compensation Manager of a large accounting firm, you have reviewed
the results of the last performance appraisal cycle. It appears that supervisors and
managers may be having difficulty in doing the appraisals. You are concerned about
validity and reliability of the process.
In preparation for a training program for supervisors and managers, identify at least three
common errors in the performance appraisal process and describe them. In addition,
describe steps to minimize these errors. (Points : 30)
2. (TCO F) You are a Compensation Consultant working with a Top 100 bank on the East
Coast of the U.S. The Board of Directors of the bank is in the process of hiring a new
CEO. They indicate that they are concerned about public perception. You are invited to a
Compensation Committee meeting to recommend an executive compensation strategy.
Describe the components of an executive compensation plan and explain how these
components can help support the organizational strategy. (Points : 30)
3. (TCO G). The management team of the Fossety Iron Works has raised questions about
compensation policies and procedures. They do not seem to understand the basic laws
and regulations that affect compensation. The chairperson of the team has asked you, as
Compensation Manager, to explain the most important laws to them. You selected Fair
Labor Standards Act (FLSA) to start with because it is probably the most comprehensive
and far-reaching legislation that affects compensation. Describe the four key
requirements and why they are important in compensation. (Points : 30)

4. (TCO E). As a Compensation Consultant, you have been asked by a client organization
to brief their management group on incentive plans like gain-sharing and profit-sharing
plans.
Briefly describe what gain-sharing and profit-sharing plans involve. What conditions
should exist prior to implementation to make it easier to implement? What are the
advantages and disadvantages of group incentives like gain-sharing and profit-sharing
plans? (Points : 30)