Strategic Compensation And Talent Management Lessons For Managers 1st Edition Jed DeVaro - Solutions

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1. Discuss the current media rights deals for the major U.S. sport leagues. Why are they so important to major corporations? Consider consolidation, convergence, conglomeration, and how corporations use sport to promote other holdings.
5. Which type of media do you use the most, and how do you use second and third screens when watching games? What benefits are provided by these choices?
4. What digital strategies can you put in place now to facilitate your career in sport communication?
3. What is your overall impression of ESPN, its sports coverage, and its journalistic values?
2. How is today’s media environment fragmented, and what are the implications (good and bad) for sport communication?
1. How has sport coverage evolved from the “penny” press in the 19th century? Discuss the types of sport covered, as well as the treatment of athletes and events in print, electronic, and digital media.
5. How have cable and emerging technologies changed the playing field of sport communication?
4. In what ways were Pete Rozelle and Roone Arledge pioneers in sport communication?
3. What changes did radio and television bring about in sport coverage?
2. What are characteristics of the golden age of sport, and how did this era affect the development both of sport and of sport communication?
1. What cultural changes have influenced the ascent of sport, and how has that ascent affected sport journalism?
5. Follow on Twitter at least 10 sport communication professionals from a segment of the industry in which you might like to work. Observe the content of their tweets and their interactions with others. Write a two-page paper on the practices and tactics they used on Twitter.
4. Select a sport communication professional to interview and profile. Develop a set of interview questions, write a synopsis of the interview, and present the profile to the class.
3. Choose an academic journal that addresses sport communication or sport management, then select an article focused on an aspect of sport communication. Read the article and write a summary (no longer than two pages) illustrating how it represents the nature and scope of the field or of a current
2. Search online job postings in sport communication. Find a posting that might be of interest to you, then prepare a cover letter and one-page resume for submission to the hiring organization. Tailor your cover letter for the specific position and ensure that your resume includes an objective,
1. Arrange to spend a day or an event with a sport communication professional.Afterward, reflect on the experience and write a three-page paper detailing it.Specifically, describe the professional’s duties and responsibilities, organizational role, work environment, and interactions with other
5. Identify some professional organizations that students can join in order to facilitate their networking. Which ones best fit your own interests? How so?
4. What are the most crucial skills required for a sport communication career? Do these skills differ (and if so, how) depending on the chosen mode or medium? Do they differ (and if so, how) depending on the particular occupation?
3. What is the current status of the sport communication job market, and how do trends in the industry and in the global economy influence the demand for sport communication professionals?
2. What influences the ways in which sport communication professionals communicate with their key publics, both internal and external?
1. How has technology changed the manner in which sport communication professionals do their jobs?
5. What are the keys to entering the field of sport communication? Also, identify two newer areas of sport communication whose skills are increasingly required for sport communication practitioners in most fields.
4. What academic and professional associations exist to further the advancement of sport communication?
3. Identify some of the new sport-related jobs available in web-based communication and social media.
2. Throughout the 20th century, what was the primary sport media occupation? What are the current occupations on the journalistic side of print sport media?
1. What has driven the demand in the sport industry for professionals who are well versed in sport communication?
2. Write a description of an ideal job that you would like to pursue in the field of sport communication. List the five courses offered at your university that can best prepare you for this profession and provide your rationales for your selected courses.
1. Choose a sport, sport entity, or segment of the sport industry. Write a one- or twopage summary statement describing how your chosen subject has contributed to the growth of the sport industry. Share your findings with the class.
5. How does the growth of academic programs facilitate the development of professionals in sport communication?
4. Name some U.S. institutions that offer sport communication or a related program.
3. How can learning additional languages benefit someone who is preparing for a career in sport communication?
2. What are the various segmentation models for the sport industry?
1. Why are communication skills important in any position in the sport industry?
5. Why is professional development important when preparing for a career in sport communication?
4. What are some examples of the specific names of sport communication–type programs offered at the undergraduate and graduate levels, and where are they housed?
3. What are some sport leagues or organizations that currently hold lucrative television rights deals in the United States?
2. How is the sport industry segmented?
1. What are the size and scope of the sport industry? What has contributed to its growth?
Suppose that Salesforce implemented the following job rotation policy. After serving five years at Salesforce.com, an employee would be required to spend at least one year at Salesforce.org, with a voluntary option to stay a second year at Salesforce.org, before returning to Salesforce.com.(a) What
How should Salesforce determine the size of the pay gap between Salesforce.com and Salesforce.org? LO4(a) To what extent can Salesforce choose this pay gap, given the influences of the external market?
Should Salesforce encourage or discourage internal migration of its employees from one branch to the other? In which direction is internal migration more desirable, or less damaging? LO4
Salesforce.org can hire workers either from Saleforce.com or from outside of Salesforce. What are the advantages and disadvantages of both approaches?(a) Similarly, Salesforce.com can hire workers either from Salesforce.org or from outside of Salesforce. What are the advantages and disadvantages of
How do you anticipate that such laws will affect gender differences in pay? LO4 Explain.
The 2018 Massachusetts law says that salary history (e.g., the fact that the male principal oboist received high pay when he joined BSO in 2001, to match what his previous employer paid him) cannot be used to justify gender pay differences.Similar laws have been enacted recently in California,
In comparing her pay to that of the (male) principal oboist, the flutist cites the Massachusetts Equal Pay Act, a law that went into effect earlier in 2018 requiring LO4 equal pay for “comparable work”. You interpret her comment as an implicit threat to invoke that law in formal litigation
Explain what the costs are of taking a hard line in negotiating with the flutist.(a) What are the costs of making significant concessions to her (beyond the LO4 obvious one of higher compensation costs)?(b) What steps can you take, if any, to mitigate both types of cost?
What is your strategy for negotiating with the flutist? Carefully explain your arguments and how you would respond to her described claims and to other LO4 claims she’ll possibly make.
Could changes to the compensation system solve or mitigate the NYPD’s core problem? Explain. LO4
Suppose that, fearing future racial discrimination lawsuits, some supervisors LO4 start inflating the performance ratings of low-ranked black detectives. However, this creates a situation in which black detectives have stronger records (on paper)than white detectives who are (in reality) equally
As a senior member of the NYPD, your job is to work with the legal team to develop a strategy for countering the claims in the lawsuit. What are the arguments you might make? LO4
What are the advantages and disadvantages of going to an entirely rules-based LO4 promotion system that removes discretion from the hands of supervisors?
If the allegations against the NYPD are true, what are the implications (both for creating strong worker incentives and for matching workers and jobs in the best LO4 possible way)? Discuss these for white detectives and black detectives separately.
After the voluntary buyout plan is finished and the workers have left Merrill Lynch, can any useful (to Merrill Lynch) data analysis be done with the data that are generated from it? If so, explain how you would proceed in doing that LO4 analysis.
Suppose that you are doing compensation analytics for Merrill Lynch. Is there any data analysis that could be done prior to offering the voluntary buyout package that might improve the plan by suggesting changes to its design?Explain how you would do that analysis. LO4
Summarize the advantages and disadvantages of Merrill Lynch’s voluntary LO4 buyout plan and decide whether or not you think it is a good idea. Are there any changes you’d recommend? Explain your answer.
Why bother paying severance at all? Why not just dismiss the appropriate LO4 employees and save money on severance costs?
For that matter, what’s the point in offering a voluntary buyout deal at all? LO4 Simply laying off the appropriate number of employees in October would cost the same amount in total severance packages as the voluntary buyout plan, because the people who ultimately get dismissed in November get
Merrill Lynch presumably knows in advance which volunteers it will accept and which it will decline. So why bother offering the deal to all employees?(a) Why doesn’t Merrill Lynch just offer the package to those employees whose LO4 requests it plans to accept?
If both conditions hold (i.e., the employee volunteers, and you accept) what are the implications? LO4
Explain why a Merrill Lynch employee might volunteer for the buyout package and under what conditions you, as the employee’s manager, would grant the buyout request. LO4
The memo noted that Walmart workers “are getting sicker than the national population, particularly in obesity-related diseases”, including diabetes and LO4 coronary artery disease. The memo said Walmart workers tended to overuse emergency rooms and underuse prescriptions and doctor visits,
Ms. Chambers also said that she made her recommendations after surveying LO4 employees about how they felt about the benefits plan. “This is not about cutting,” she said. “This is about redirecting savings to another part of their benefit plans.”(a) Write down three questions that you would
The theme throughout the memo was how to slow the increase in benefit costs without giving more ammunition to critics who contend that Walmart’s LO4 wages and benefits are dragging down those of other American workers.Eager to burnish Walmart’s image, CEO H. Lee Scott Jr. said that Walmart
What are some steps Walmart can take to achieve the desired sorting effects?(a) What are the cost implications of the proposed steps in #1? LO4(b) What are the public relations implications of the proposed steps in #1?
What kind of message does this CEO plan send to lower-level workers at Tesla? LO4
Is this executive compensation plan a good fit for Tesla? What specific characteristics LO4 of the company and industry have a bearing (good or bad) on the appropriateness of this CEO pay plan?
From the perspective of the firm and its shareholders, what are the advantages and disadvantages of this type of CEO compensation plan? LO4
Consider the “sorting effect”. What type of CEO is attracted by this type of pay plan? LO4
How would things change at Lindy’s if overtime and prevailing wage laws were LO4 abolished?
Is this compensation system a good fit for this particular industry and job type? Why LO4 or why not? What kind of worker would be attracted by this compensation package?
Is “pounds of crab meat” the best output measure for piece-rate pay? Can it be LO4 improved?
Suppose that customers have been complaining about too many pieces of shell LO4 appearing in their purchased crab meat. Why might this be happening? How would you address this problem?
Evaluate this compensation system. What are its strengths and weaknesses? LO4
In what other industries and types of jobs would this type of training program be a good idea? In what settings would it be a bad idea? Use specific characteristics of LO4 industries and jobs to support your answers.
If you were the Google manager in charge of designing and administering the program, would you do it precisely like Google is doing it, or would you make any LO4 changes? Explain.
What sorting effects (both positive and negative) is this training program likely to generate, both for Google and for other firms in the industry? LO4
Review section 7.2. Suppose you are a manager at Google and you’re in charge of implementing the scholarship training program. How would you design an experiment to analyze how well the policy works in terms of delivering new hires and publicity? How would you quantify the benefits of
Firms are often reluctant to provide “general training” because, once trained, the worker might get poached by a competing firm that effectively “free rides” on the initial firm’s training investment. Why would Google spend millions of dollars LO4 knowing that, in many cases, it will
Rather than comparing multi-establishment and single-establishment firms by estimating Regression 2 separately for the two subsamples of firms, suppose instead that you estimate a version of Regression 2 (that includes an interaction term) only once, using the full sample. Write down the regression
What do you think explains the difference between multi-establishment firms and single-establishment firms? Why might the results differ as they do between the two subsamples? LO4
Focusing only on the results for single-establishment firms, what are the answers to the three specific questions that your client firm posed? Taken at face value, are the regression results for single-establishment firms consistent with what the LO4 theory of compensating differentials would
Focusing only on the results for single-establishment firms, in Regression (1), what is your estimate of β1, and how precisely estimated is it? Carefully explain the interpretation of that estimate. Do the same for your estimates of β1 LO4 and β 2in Regression (2).
Focusing only on the results for multi-establishment firms, what are the answers to the three specific questions that your client firm posed? Taken at face value, are the regression results for multi-establishment firms consistent with what the theory of compensating differentials would predict
Focusing only on the results for multi-establishment firms, in Regression (1), what is your estimate of β 1, and how precisely estimated is it? Carefully explain LO4 the interpretation of that estimate. Do the same for your estimates of β 1 and β2 in Regression (2).
Suppose that your client suspects that the relationship between wages and health LO4 insurance likely varies by firm size. In particular, your client suspects that firms that employ at least 20 workers have a positive relationship between wages and health insurance (holding all other variables
What are the challenges associated with interpreting your estimates of β as LO4 representing compensating differentials arising from employer-provided health insurance?
Taken at face value, are the regression results consistent with what the theory of LO4 compensating differentials would predict concerning the relationship between wages and health insurance?
What are the answers to the three specific questions that your client firm posed? LO4
Carefully explain the interpretation of that estimate. Do the same for your estimates of β1 and β 2 in Regression (2). LO4
In Regression (1), what is your estimate of β 1, and how precisely estimated is it? LO4
What would happen if you got rid of tenure? How would it affect incentives and the LO4 sorting effect? How would it affect compensating differentials?
The first paragraph of the case says that, were it not for the law, W&C could lower the wages of the wait staff, “potentially all the way down to zero”. But why stop at zero? In the absence of regulation, could the hourly wage ever be LO4 negative? Explain what that would mean and whether it
Do you think W&C’s policy changes are the best approach for dealing with the Seattle minimum-wage ordinance? What other strategies might W&C have considered, and what are their advantages and disadvantages compared to the path chosen? LO4(a) If you were a direct local competitor of W&C, what
What are the advantages and disadvantages of W&C’s policy changes in response to the Seattle minimum-wage ordinance? LO4
Your answers to #2 and #3 hinge on what other Seattle restaurants are doing.Explain how your answers to both preceding questions differ between the following two situations: LO4(a) W&C’s policy changes are pretty rare, i.e., most Seattle restaurants do not eliminate tips by building them directly
After the 2015 Seattle minimum-wage ordinance is introduced and the pricing and pay policies at W&C are changed, describe any sorting and incentive effects LO4 on the part of workers (both wait staff and kitchen staff ) and the resulting implications for W&C’s total revenue and total costs.
After the 2015 Seattle minimum-wage ordinance is introduced and the pricing and pay policies at W&C are changed, describe any sorting and incentive effects(see section 1.8) on the part of customers and the resulting implications for 88 4 External Constraints on Pay LO4 W&C’s total revenue.
Imagine a hypothetical situation in which W&C faces no constraints on pay, i.e., no minimum wages (federal, state, or local).(a) How would menu prices be set?(b) What would be the level and the design of the pay for wait staff and kitchen staff? LO4(c) Explain the reasons for any gap in pay between
Henceforth, suppose there are two types of deckhands, both equally productive.“Type As” are willing to take significant risks, whereas “Type Bs” are very concerned about their personal safety. When making hiring decisions, fishing companies cannot observe who is of Type A and who is of Type
Explain how and why the compensation of deckhands changes over the course of the calendar year (i.e., from winter to summer). LO4

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