Restco Products makes pillows and blankets specifically for passengers on airliners. For the past 15 years, profits in the airline industry have been hugely variable, partially because of labor unrest, gas prices, 9/11, and so on. Restco has been tinkering with other kinds of “nap” opportunities tailored to rest homes and senior citizens in general. This experimentation makes current strategic objectives and goals quite ambiguous. What would you suggest would be a good compensation mix given this constellation of factors?
Answer to relevant QuestionsCompanies focus heavily on cost-saving strategies to be competitive today. Identify both monetary and nonmonetary ways of cost saving that would be relevant to a compensation person's job. You own Falzer’s Tool Coating Company, a high-tech firm specializing in the coating of cutting tools (e.g., drill bits, cutting blades) to provide longer life before resharpening is needed. You are concerned that the ...Angela Lacy, an African-American employee in your accounts receivable department, has filed a charge of discrimination, alleging she was unfairly passed over for promotion and regularly receives smaller pay increases than do ...James A. Klingon has a mandate from his boss to cut employee benefit costs. In a company expanding by 10 percent in employees every year, Jim decides to control costs through his selection strategy. Is he crazy? Or crazy ...Romance Novels, Inc, located in Cheektowaga, NY, has gradually increased the number of contingent workers (full-time, temporary) from 10 percent of the workforce to about 28 percent today. Why might they do this? Also, what ...
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