As the HR manager you have noticed during an appraisal process in the marketing department, two employees with the same job title and performing the same job are earning different amounts of money. As you dig deeper, you noticed that the performance appraisal for employee have some issues wherein certain factors while designing the appraisal are important to consider. You have determined to list important strategic issues to handle this situation.

Answers

Answer 1

Strategic issues to address in handling salary disparities during performance appraisals in the marketing department:

To effectively address the salary disparities between employees in the marketing department, the following strategic issues should be considered:

Transparent and Consistent Performance Evaluation Criteria: Establish clear and objective performance evaluation criteria that are consistently applied across the department. This ensures that employees are evaluated fairly and their compensation aligns with their performance.

Job Analysis and Evaluation: Conduct a comprehensive job analysis to identify the key responsibilities, required skills, and qualifications for each role. Use this information to establish a fair job evaluation system that accurately reflects the relative value of different positions within the department.

Pay Structure and Compensation Bands: Implement a well-defined pay structure and compensation bands that take into account factors such as job complexity, market rates, and internal equity. This structure ensures that employees with similar roles and performance levels are compensated appropriately and minimizes salary disparities.

Regular Compensation Reviews: Conduct periodic reviews of compensation levels to identify and address any discrepancies or inequities. This ensures that salary adjustments are made based on employees' performance and market trends, promoting fairness and motivation within the department.

By addressing these strategic issues, organizations can ensure a fair and consistent approach to performance appraisals and salary determination, thereby minimizing salary disparities and fostering employee satisfaction and engagement.

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Related Questions

Can I Plss get some help on this

Can I Plss get some help on this

Answers

The reason the government monitors the size of the money supply is so that they can maintain stability and limit inflation.

Why should money supply be monitored?

Money supply impacts the level of inflation in a country and therefore the stability of the nation as inflation is tied to economic stability.

The government would therefore try to maintain a level of money supply that leads to an inflation rate that is not too high or low, but will contribute to economic growth.

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How much less would Maria have to spend to have $100 per month available for saving?

Answers

The savings instrument that could help Maria reach her goal are a regular saving accounts and a money market account with a $100 minimum deposit. The correct options are b and d.

What is money market account?

The term money market account refers to an interest-bearing account at a bank or credit union. Sometimes referred to as money market deposit accounts, money market accounts have some features that are not found in other types of accounts. Most money market accounts pay a higher interest rate than regular savings accounts and often include check-writing and debit card privileges. They may also come with restrictions that make them less flexible than a regular checking account.

They are important for calculating tangible net worth.

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Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. What savings instruments could help Maria reach her goal? Check all that apply. Series I savings bon Series EE savings bonds a regular savings account a 24-month certificate of deposit a money market account with a $100 minimum deposit

a broker/dealer wishing to transact on nasdaq on behalf of an investor will use the nasdaq ecn to find the dealer providing the and ____ , and will then contact that dealer to execute the order.

Answers

A broker/dealer will use the NASDAQ ECN (Electronic Communications Network) to locate the dealer offering the best pricing before getting in touch with them to complete the transaction on behalf of the investor.

Which broker acts as an agent for his customer when buying and selling securities?

A stockbroker is a licenced financial market representative who facilitates the buying and selling of securities on behalf of businesses, investors, and financial institutions. A registered representative or broker are other names for a stockbroker.

What is the name of the broker that executes a client's purchase or sell order?

Those brokers who carry out a purchase or sell order on a behalf of a client, usually at a hedge fund. Executing brokers are usually middlemen who are housed under a prime brokerage service, which offers a one-stop-shop service for large active traders.

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What step is most important for sellers to focus on.

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The step that is most important for sellers is to focus on Identifying customers with lifetime value.

Who is a seller?

A seller can be regarded as the part of distribution channel that made the goods from producer to be available to consumers.

However, he must focus on Identifying customers with lifetime value.

Therefore, option C is correct.

CHECK THE COMPLETE QUESTIONS

What step is most important for sellers to focus on?

A: Keeping all customers at all cost

B: Keeping loyal customers and forgetting about the others

C: Identifying customers with lifetime value to the seller

D: Working to attract new customers regardless of the costs

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2. A company has the following liabilities as of December 31: Accounts payable $150,000 Notes payable (current portion) 217,000 Salaries and wages payable 55,000 Installment notes payable 1,140,000 Interest payable 32,000 Payroll taxes payable 15,500 What is the amount of total current liabilities reported on the balance sheet

Answers

The amount of total current liabilities reported on the balance sheet equals $469,500.

Current liabilities entails set of amount or responsibility owed within an accounting period.

Particulars                                       Amount

Accounts payable                          $150,000

Notes payable (current portion)    $217,000

Salaries and wage payable           $55,000

Interest payable                             $32,000

Payroll taxes payable                     $15,500  

Total current liabilities                  $469,500

Therefore, the amount of total current liabilities reported on the balance sheet equals $469,500.

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prepare a double entry ledger entries January 3 took out of the cash till$50 and put into the business by cheque Jan 4 the proprietor put a further$5000 in to business by cheque .please I need it quick ​

Answers

Explanation:

In the first entry, $50 is taken out of the cash till and put into the business as drawings. The effect is a decrease in the cash balance and an increase in the drawings account.

In the second entry, the proprietor puts a further $5000 into the business by cheque. The effect is an increase in the capital account and an increase in the bank balance.

It's important to note that "Drawings" and "Capital" are the accounts used to record the personal transactions of the business owner in this case, it is assumed that the business is a proprietorship. Other forms of business may have different accounts to record the personal transactions of the owne

Susie and Cara sell stoves at Elliott’s Appliances. Together they sold 180 stoves in January. Susie sold 5 times as many stoves as Cara. How many stoves did each sell?

Answers

Answer:

Sara sold 30 stoves and Susie sold 150 stoves.

Explanation:

5x + x = 180

6x = 180

6x ÷ 6 = 180 ÷ 6

x = 30 (stoves ) - Cara sold.

30 × 5 = 150 (stoves ) - Susie sold.

What system did merchants in early centuries use to make commercial transactions easier

Answers

In the early centuries, merchants made use of the Mercantilism system for commercial transactions.

What is Mercantilism?

In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.

Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.

According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.

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After the u.s. took over new mexico, the army and navy was able to which future state starting with the battle of monterrey?

Answers

The answer is, By its terms, Mexico ceded 55 percent of its territory, including the present-day states California, Nevada, Utah, New Mexico, most of Arizona and Colorado, and parts of Oklahoma, Kansas, and Wyoming.

What is the navy's function?

The Navy is frequently called upon to conduct rescue and relief operations in the wake of distress and natural disasters including earthquakes, cyclones, floods, and drought. The Indian Navy's importance to us all is therefore not surprising.

Do you mean army by navy?

A navy is a type of military force made up of boats and ships that are outfitted for both combat and defense. Consider joining the army rather than the navy if you are constantly seasick. During a conflict, a nation's navy plays a crucial role in both defending its coastline and launching attacks on the foe's.

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Which organization, established in 1946, primarily serves to loan funds to underdeveloped and developing nations, where the funds are used to finance projects ranging from road and factory construction to the building of medical and educational facilities

Answers

International bank for reconstruction and development was formed

primarily serves to loan funds to underdeveloped and developing

nations.

What is a Loan?

Loan involves lending money to an individual or organization. This is also

referred to a form of debt accrued through this process.

Developed nations established International bank for reconstruction and

development in 1946 to loan funds to underdeveloped and developing

nation. The funds are used to finance projects ranging from road and

factory construction to the building of medical and educational facilities.

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The American Labor movement was considered radical compared to what was happening in Europe. true or false

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Answer:

true took the test brainliest please

4. What is the law of demand?

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Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.

An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:

Answers

added to the sales price of the comparable.

Many consumers feel skepticism towards salespeople.

True
False

Answers

Answer:

true

Explanation:

Alex has accepted an IT position at a new company, and will be leaving her current job in the IT department of a large company.

Which is the best example of ethical behavior for leaving her current job?

Answers

Answer:

notify her current job of the accounts she no longer needs access to

Explanation:

As she is about to leave the position, in account of professionalism, she should not do any unnecessary harm to the current company, and  she should notify the company for necessary description before leaving.  

Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Unsought good
Omar buys a snack bag of chips that he noticed while
waiting in line at the store.
Joaquin pays for renters' insurance so that he will get
paid if his belongings are destroyed in an accident or
burglary
Convenience
impulse good
Jamie goes to the store to buy toothpaste.
Convenience
staple good
Wanda reads reviews of different video cameras to
decide what brand she wants, and then chooses the
store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local
doughnut shop.
Specialty good

Answers

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.

Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.

Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?

Answers

Answer: I hate Trump and would make him eat tortilla chip vertically :/

Explanation:

When is a door not a door?

Answers

Answer:

When it's ajar.

Explanation:

ajar

holt's decision to hold a huge amount of inventory is driven by the desire to meet which customer service factor?

Answers

holt's decision to hold a huge amount of inventory is driven by the desire to meet the timeliness customer service factor.

Timeliness

The English Dictionary defines "timeliness." In English, "timeliness" refers to the occurrence or characteristic of occurring at the best possible time or at the correct moment: The technology might aid severe-weather researchers in improving the speed and accuracy of storm predictions. In its broadest sense, timeliness refers to the appropriateness of when an event occurs. Timeliness has been defined in relation to data quality content as the degree to which data represent reality from the required point in time.

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Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. The
business has been open a year, and specialises in designer outfits for women.
Daisy made the decision to set up the business after working in a high street
chain for five years.
Which of the following does NOT analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful?​

Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. Thebusiness has been open a year,

Answers

Answer: By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance.

Explanation:

The option that doesn't analyse how entrepreneurial skills will enable

Daisy's business to be more financially successful is that "By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance".

We should note that while other options shows that there will be an increase in customer, increase in sales and lead her to be more financially successful, this particular option only relates to her work-life balance and not have an impact on her financial stability.

With a given plant size, an increase in output will NOT result in an increase in, a. average variable cost b.total cost c.total fixed cost d.average fixed costis The change in total variable cost which accompanies one extra unit of output a.marginal cost b.the average variable cost c.the average total cost d.the average fixed cost When total product is rising, a. variable cost must be declining b. marginal cost must be postive c. marginal product must be negative d. fixed cost must be rising For a perfectly competitive firm, a. price is less than marginal revenue b.there is no relationship between price and marginal revenue c. price is greater than marginal revenue d.price equals marginal revenue

Answers

a. With a given plant size, an increase in output will NOT result in an increase in: total fixed cost. The correct option is (c).

b. The change in total variable cost which accompanies one extra unit of output: marginal cost. The correct option is (a).

c. When total product is rising: fixed cost must be rising. The correct option is (d).

d. For a perfectly competitive firm: price equals marginal revenue. The correct option is (d).

Explanation:

a. An increase in output does not affect total fixed cost since it remains constant regardless of the level of output.

b. The change in total variable cost that occurs when one extra unit of output is produced is known as marginal cost. It represents the additional cost incurred to produce one more unit of output.

c. When total product is rising, it means that the firm is experiencing increasing returns to scale, which implies that fixed costs are being spread over a larger output, leading to a decrease in average fixed cost.

d. In perfect competition, a firm is a price taker, meaning it cannot influence the market price. The firm's demand curve is perfectly elastic, which implies that price is equal to marginal revenue. Therefore, the correct statement is that price equals marginal revenue.

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Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office. a. Elementary school teacher b. Administrative support worker c. Instructional designer d. High school principal

Answers

Answer:

a. Elementary school teacher

Explanation:

An elementary school teacher refers to an individual who is an educational professional and is typically saddled with the responsibility of developing and implementing lesson plans for students in the classroom.

Basically, an elementary school teacher educate students on vital subjects such as mathematics, english language, verbal studies, quantitative reasoning etc. which forms the foundation of a student's future career, observe, analyze and evaluate the performance of each pupil, coordinate all classroom activities, enforce school and classroom rules etc. All of the aforementioned responsibilities are executed or achieved by walking around the classroom to effectively and efficiently monitor and evaluate the pupils.

In this scenario, Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office.

Hence, the education career which would be the best option for Allesandra, is to work as an Elementary school teacher.

Answer:

a

Explanation:

my school teacher

Why do firms owning more than 20% of a company (but less than 50%) use the equity method? How does the equity method work and how does it affect the financial statements?

If a company owns at least 50% of another firm, consolidation of the financial statements is required. What is meant by consolidation? Can you name a company with more than 1 or 2 subsidiaries that are consolidated?

Answers

Firms owning more than 20% but less than 50% of a company use the equity method because it allows them to account for their investment in the company as an equity interest on their financial statements.

The equity method is used when a firm has significant influence over the operations and financial decisions of the investee company, but falls short of having control over it.

Under the equity method, the investing firm initially records the investment as an asset on its balance sheet. Then, on an ongoing basis, it adjusts the value of the investment based on its share of the investee's net income or loss. This adjustment is made by recognizing the investor's share of the investee's net income as revenue and increasing the investment value, or recognizing the investor's share of the investee's net loss as an expense and decreasing the investment value.

The equity method affects the financial statements of the investing firm in several ways. First, the investor's share of the investee's net income or loss is reflected on the investor's income statement as revenue or expense. Second, the investor's investment in the investee is reported on the balance sheet, and any adjustments due to the equity method are made to this value. Lastly, the investor's share of the investee's dividends is recorded as a reduction in the investment value.

When a company owns at least 50% of another firm, consolidation of the financial statements is required. Consolidation refers to the process of combining the financial statements of a parent company and its subsidiaries into a single set of financial statements. This is done to reflect the economic reality that the parent company has control over the subsidiary companies.

In the consolidated financial statements, the assets, liabilities, revenues, and expenses of the parent and its subsidiaries are combined. The parent company reports its ownership interest in the subsidiaries as equity, and any non-controlling interests are reported separately. The consolidated financial statements provide a comprehensive view of the financial position and performance of the entire group of companies.

An example of a company with more than one or two subsidiaries that are consolidated is Berkshire Hathaway. Berkshire Hathaway is a multinational conglomerate company owned by Warren Buffett. It has a diverse portfolio of subsidiaries, including GEICO, Dairy Queen, Duracell, and many others. In its consolidated financial statements, Berkshire Hathaway combines the financial information of all its subsidiaries to present a complete picture of its operations.

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What is one benefit of submitting a claim to an insurance company?
OIt should result in lower insurance costs.
OIt helps to cover any expenses for a loss.
OIt helps to pay the cost of insurance fees.
It shows a consumer might file in the future.

Answers

It helps to cover any expenses for a loss.The correct answer to the question is B) .

When an individual purchases insurance, they are essentially transferring the financial risk of a potential loss to the insurance company. By submitting a claim to the insurance company, the insured is notifying the company of a loss that has occurred and is requesting reimbursement for any expenses related to that loss. This can include property damage, medical bills, or other types of expenses.

The benefit of submitting a claim to an insurance company is that it helps to cover any expenses for a loss. Depending on the type of insurance policy and the specific circumstances of the loss, the insurance company will typically reimburse the insured for the full or partial cost of the expenses incurred.

This can help to alleviate the financial burden of the loss and ensure that the insured is not left with significant out-of-pocket expenses.

In addition, submitting a claim to an insurance company can also help to prevent future losses. By addressing the issue and making necessary repairs or adjustments, the insured can reduce the risk of similar losses occurring in the future.

Overall, the benefit of submitting a claim to an insurance company is that it provides financial protection and support in the event of a loss. It is important for individuals to understand their insurance policy and to file a claim promptly in order to receive the maximum benefits available. Option B

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1. why are companies such as coke or pepsi willing to give a university millions of dollars, if they can be the sole vendor on campus

Answers

Answer:

1: So that company can seem like a good company.

2: And so that students do not ban soda from universities.

Explanation:

1: If you have two options of the same product that have the exact same qualities except for different companies and one of the companies gave a lot of money to university students. Which company are you more likely to buy their soda. The company that gave the money to the university, right. You do this because you either go to that university, or you think that company is better because they did something nice for the students at the university.

2: Would you say no to buying a company's soda if that company gave your university a lot of money to make it better. You would not say no. Because that would be mean or make the company not give more money to the school.

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what is referred to a process that involves developed action plan that leads to achieving specific goals​

Answers

Answer:

The appropriate approach is "Developing strategic plan ".

Explanation:

Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.

Goal setting is the process which involves developed action plan.

Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.

Setting a deadline for a goal create a schedule to achieve the particular goal.

Some benefit of goal setting in an organisation includes:

Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.

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outline two reasons Why Supermarkets are
demanding more fruit.

Answers

Answer:

Health consciousness, Market competition

Explanation:

Here are two possible reasons why supermarkets are demanding more fruit:

Health consciousness: Consumers are increasingly concerned about their health and nutrition, and they are looking for healthier food options. Fruits are widely recognized as a healthy food choice, as they are low in calories and high in vitamins, minerals, and fiber. As a result, supermarkets are responding to this demand by stocking more fruit.

Market competition: Supermarkets are facing stiff competition from other retailers, including specialty grocery stores and online marketplaces. In order to attract and retain customers, supermarkets need to differentiate themselves by offering a wide range of products, including fresh fruits. By offering a larger selection of fruits, supermarkets can appeal to health-conscious consumers who are looking for a one-stop-shop for all their grocery needs.

list your personal interest​

Answers

Answer:

my interest is to reach conqueror in pubg mobile

Along with experience, a(n) ______ approach is particularly important when selecting the right promotional tools because a large number of possible combinations can achieve the same objective. Multiple choice question.

Answers

In marketing, analytical approach is often used when marketing a product.

An analytical approach and experience are very vital due to the fact that a huge number of combinations can be used in the same objective.

An analytical marketing plan often start by having an insight into a business' customers.

Analytical strategists often try to know what they want to know from customers, manage and organize the data, and create customer profiles to gain insight.

Companies can then know the consumers' behavior from their data.

Product analytics is defined as the way one use to understand how customers engage with an individual's digital product or service.

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ok so plz do not take these points.
if ur reading this plz listen to ghost by badflower and then answer and tell me what u think and if u have also recently felt like that.

Answers

Answer:

its a good song i think its touching and yes i have recently felt like that.

Explanation:

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The following facts are available regarding the Comm Devices Division.Selling price of standard pager$91Variable cost of standard pager555Additional variable cost of special pager$36 For each of the following independent situations, calculate the minimum transfer price, and determine whether the PersonalCommunications Division should accept or reject the offer.(a)The Personal Communications Division has offered to pay the CD Division $113 per pager. The CD Division has no available capacity. The CD Division would have to forgo sales of 9,120 pagers to existing customers in order to meet the request of the Personal Communications Division. (Note: The number of special pagers to be produced does not equal the number of existing pagers thatwould be forgone.) After running 10 miles, David drank 2 bottles of water. His brother was thirstier and drank 2 1/2 times as much as David. 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The risk-free rate is 4% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound? A. $5.00 B. $5.98 C. $4.98 D. $3.98 E. $5.34 solve the proportion 9/2 = 27/2y