Question: 2 Amanda, Fresh Munchables' new compensation manager, is evaluating the company's current compensation system and is thinking about making large, but valuable, changes. Amanda knows

2 Amanda, Fresh Munchables' new compensation

2 Amanda, Fresh Munchables' new compensation manager, is evaluating the company's current compensation system and is thinking about making large, but valuable, changes. Amanda knows she also needs to consider the effects of the changes on the people at the company. Which of the following people will be most affected by changes in the rewards system used at Fresh Munchables? Tasha, the CEO who has worked for Fresh Munchables for 15 years All individuals who work for the company at any level John, a newly hired warehouse employee who has not yet been paid Maria, a manager who earns a fixed salary and a performance bonus 3 As part of Fresh Munchables' new online marketplace venture, you have determined that 15 new jobs will be required to sell Fresh Munchables' products online and have arranged these jobs into three groups for internal alignment purposes: website development and support, processing, and shipping. What have you created in doing this, and why is it important in the process of determining compensation? You have created a job-value structure to help determine what the jobs are, how they are related, and the relative importance of each one. You have created a job categorization structure to visualize the structure of jobs internally positioned according to their relative value. You have created a job categorization structure to ensure that different types of employees will be paid equally as long as they contribute the same amount of relative value to the company. You have created a job-value structure to determine the relative value of each job within the company for comparison to similar jobs at competing companies. 4 Chris and Becky are the managers of two respective Fresh Munchables restaurants that recently opened in Wichita, Kansas, and Oklahoma City, Oklahoma. Chris is currently trying to come up with a business strategy that best prepares his location to stay competitive within the Wichita health food marketplace. Becky is trying to decide if she is compensating her employees fairly in her own location. Chris is trying to make while Becky is trying to make A fairness equity decision; a comparative decision An internal equity decision; an external equity decision An external equity decision; an internal equity decision A comparative equity decision; a fairness equity decision

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