Executive summaryThis paper summarizes several points about Focus Pointe and whether there is a need to increase Angelo’s salary. In doing so, this paper gives several HR and manager’s perspective as to the basis why one employee will or should be given a raise. In doing so, the different approaches to giving employee compensation is being analyzed. Commission based pay is said to be advantageous because it will increase workers’ eagerness to work, , however it would minimize teamwork and collaboration. Giving incentives, on the other hand, is a good motivator for employees to work harder.
All in all, it is still the managers’ prerogative to choose whatever kind of salary scheme should fit the company and the workers. What is important to note that salaries – in whatever form – is aimed at benefitting the employees as it is a reflection of their work. IntroductionIn an organization, human capital and workforce relationships are the backbone of success. The flow of information between colleagues, work teams, customers and suppliers, for example, depends on the quality of relationships and talent in the workplace. Various changes over company policies, mission and vision statements, roster or work schedules and even on varied salary schemes have been made so as to enhance workplace diversity, particularly that which reflects people management (Barney, 1991). This paper is aimed at answering the five questions from the case study (appendix 1).
Background informationAs what has been stated, workforce relationship and management is very important to maintaining company competitiveness and high productivity. In lieu of this, flexible employment has now been introduced to the many human resource facilitators. Flexible employment, as the name implies, is the type of employment wherein the workers themselves have the chance to choose what better style of employment would fit him, thereby increasing his/her efficacy in the line of his work.
Flexible employment can be applied in many different aspects, like the roster or schedule of work, the type of employment and even the place of work and lastly, the kind of compensation that would better serve the worker and the company as well (Wright and McMahan, 1992). . Would you have given Angelo a pay raise up front?
What are you reasons? There is enough good basis for Angelo to be given a pay raise. Among the many strategies to keep the human resources at a greater advantage is by properly motivating its people – that is through good wages - and training the people. This is a proven way of keeping the staffs. In fact, American businesses have been spending billions of dollars annually on employee staffing, giving good salaries and training (Hunter and Hunter, 1984). Because of this, there have been series of studies conducted to really discover the linkage between the success of business strategy and the training practices of the company.
From a mere business strategy typology that provides strategic challenges translatable into specific job and skill requirements, newer and advanced theoretical perspectives are now being revealed in the pursuit of understanding how firms acquire and shape the human resources to establish a sustainable competitive advantage (Wright and McMahan, 1992).