1. You are a HR consultant, and your client, Textron Company, has… 1. You are a HR consultant, and your client, Textron Company, has 400 employees and wants to develop a compensation policy to align with its dynamic business strategy. Textron wants to employ high-quality workforce capable of responding to a competitive business environment. The client is asking you to suggest different compensation objectives to Match these business goals. What is your response?2. You are in an HR staff meeting discussing wage increases for the company. The Employee Relations Manager objections to granting wage and salary increases on a percentage basis in that the lowest-paid employees, who are having the most trouble making ends meet, get the smallest increase, while the highest-paid employees get the largest increase. You are asked for your opinion. How do you respond?3. You are the new HR Vice President and want to develop a new incentive plan for the company that better aligns with the business strategy. You have assembled a team of HR professionals to work on developing this incentive plan, but before they begin you given them some detailed criteria the incentive plan must meet if it is to be successful. What are your criteria?4. In a staff meeting the CEO is complaining about the generous merit increases over the years with little to show for in terms of a motivated and productive workforce. The CEO turns to you and asks why this is the case and what can be done to increase its effect of the merit increase pay strategy?5. You are the HR Director proposing to the company leadership committee installation of a profit-sharing plan for all employees. To most of the staff this is a radicle idea, and they are skeptical regarding its success and are concerned about the added compensation costs tothe company. In your business case you emphasize the advantages of profit sharing and specific characteristics that will ensure success. Highlight your presentation’s key points. Business Management MGMT 4400
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