Jul 20, 2017 Research papers

E-Compensation

This paper concentrates on the primary theme of E-Compensation in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

E-Compensation

INSTRUCTIONS:

1.Assess the advantages and disadvantages of using a Web-based compensation tool versus a client-server based or stand-alone PC-based system and then give your opinion on which system would provide the most value to an organization’s stakeholders. Include three (3) facts to support your opinion. 

2.Justify the use of e-Compensation tools in the job-evaluation process from the perspective of HR, management, and the employee.

3.Evaluate three (3) benefits and three (3) drawbacks of a centralized approach to managing merit pay programs compared to a more decentralized approach. 

4.Suggest three (3) types of integrated analytic features that are needed for compensation planning and decision support in e-Compensation systems. 

5.Assess the barriers that prevent organizations from realizing the potential of Web-based internal equity tools and propose three (3) approaches to overcome those barriers. 

6.Recommend three (3) strategies that HR managers can use to evaluate the quality of market data (surveys, benchmark salary studies, etc.) that they receive from outside sources.

7.Use at least four (7) quality academic resources in this assignment that are not older than 4 years. Note: Wikipedia and other Websites do not qualify as academic resources.



Your assignment must follow these formatting guidelines:

•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.

•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length. 

CONTENT:

E-Compensation Name: Institution: Introduction Over the years, internet has been integrated into most of the functions of human basic life. Most of the functions in business have adopted the web based platforms to maximize the benefits reaped from the interoperability of the internet connectivity and productivity. The human resources departments in most of the companies have adopted the use of internet platforms to take advantage of the connectivity (Shrm.org, 2011). One of the major functions that is carried out by the human resources department relates to compensation of the staffs at any given firm. Most of the firms have taken advantage of e-compensation platforms while others retain the older pc based systems (Oracle.com, 2014). Web-Based Compensation Tool versus a Client-Server Based or Stand-Alone Pc-Based System There are a number of advantages that can be derived from the web based compensation platforms. One of the aspects that make most of the human resources departments to opt for the web based is the fact that these systems have the ability to make correction on an automated basis. This means that the human resources managers are assured that the information on the database is correct as simple errors are easily corrected, from the automated mechanisms built into the systems. This makes the system quite easy to manage even with many employees and massive data to work with (Rosenau, Lal & Lako, 2012). Given that these webs based systems have out update fu...


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