Question: Description Pay for Performance Plans. Identify any potential weaknesses to the performance based reward plans (if any). Identify any unintended consequences that could occur from

Description Pay for Performance Plans. Identify
Description Pay for Performance Plans. Identify
Description Pay for Performance Plans. Identify
Description Pay for Performance Plans. Identify
Description Pay for Performance Plans. Identify any potential weaknesses to the performance based reward plans (if any). Identify any unintended consequences that could occur from the implementation of such a performance based reward plan. Assignment is due by Tuesday, March 16th at 11:59 PM 1. A national automobile service shop is lagging far behind its competitors in the number of automobile break repairs that it sells to its customers. As an incentive to try to increase the number of sales for these customers the corporate headquarters offers managers and mechanics in each of the local automobile service centers a bonus for each break repair job that it performs for its customers. 2. A food processing plant is disappointed by the number of insect parts that go through the production process undetected by its production workers. To improve the quality of the production process the plant manager offers a large cash incentive for each insect that is discovered by production workers during the production process. 3. A computer software firm is disappointed by the number of bugs that appear in the software code of their programs. To improve the quality of the software that is developed by the company the owner of the software firm offers a large cash incentive to each programmer for bugs that are found in the software code. Back Assignment Details MGMT 482 - Compensation Administration (21739) 4. A local pizza company is unhappy about the speed of the delivery of pizzas to customers by their pizza delivery representatives. To encourage more rapid delivery of the pizza, the pizza owner offers a cash incentive to every driver who can deliver his or her person to a location in 10 minutes or less. 5. A pizza chain wants to help improve literacy in a community by offering a free pizza for every book read by a child. Every time a child brings in a certificate self-reporting that they read a book that child receives a free pizza. 6. A department store manager has been told to cut costs in her department store because her overhead is too high compared to other stores. She is rewarded and promoted by the store for cutting labor costs. She reduced these costs by removing entirely all custodial services for the store. What problems might her successor have upon replacing her as store manager? 7. Executives of a large energy company are rewarded lavishly based on the stock reports of their company. The stock of the company is very dependent on financial statements produced by the company and reported to Wall Street. If the financial reports are positive, the stock goes higher and the executives are rewarded handsomely. 8. The football defensive coordinator of a professional football team offers a financial incentive to any defensive football player of his team that inflicts game-ending injuries to players of the opposing team. The program results in considerable payoffs for some members of the team which happens to be the same year this team reaches the super bowl

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