Human Resource Management of Reynolds | Case Study
5 Pages1128 Words373 Views
Added on 2019-09-18
Human Resource Management of Reynolds | Case Study
Added on 2019-09-18
BookmarkShareRelated Documents
Name: Student Number: Word count: Name of the course: Tutor name: “HUMAN RESOURCE MANAGEMENT”(A Case study on Reynolds Plastic Products)TABLEOF CONTENTSPart-1- Compensation........................................................................................................................2Part-2-Benefits...................................................................................................................................31 | P a g e
PART-1- COMPENSATIONa)In what way(s) are Reynolds Plastic Products' current pay practices contraveningany legal requirements in Alberta? For each contravention that you identify,please propose how Reynolds Plastic Products can meet its legal requirement(s).The pay package for the workers of Reynolds Plastic Products is less than theminimum prevailing pay package. It has been observed that there is 15 % low of theprevailing rate which has to be increased. This contravenes the wage policy system inAlberta. Thus, the workers may go for legal practices against the firm or they mayleave the organisation for dissatisfaction. Thus to mitigate this human rights issue, there should be a thorough analysis of payscale of the employees are needed. Also the proper job analysis, job evaluation process,pricing jobs in a rational manner, pay surveys has to be done for the purpose ofdetermine the exact pay package for those employees.b)Evaluate the incentive compensation practices that are being used by ReynoldsPlastic Products.i.Describe what is appropriate or inappropriate about their current practices.The incentive system should be properly evaluated depending upon the job type orworking hours of the employees. In Reynolds Plastic Products' of Alberta, there is the incentivesystem depending upon the lottery approach. Another is, for sales persons they are awarded incentives depending on their service period withcustomers. ii.Explain why you have determined this (e.g. what are the issues here?)Thus the lottery approach is totally against the human rights as there is always a drawbacks as theeffective worker may miss the opportunity and non-efficient worker may get privilege. Sales person should be encouraged the incentive accordingly to every new account they add forcompany’s benefits. The employees who are working for hourly basis, they may be only given incentive systempayment so that they are motivated to increase the sales and also the quality of sales would beaffected in this process. 2 | P a g e
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
HRMT 200 Human Resource Management Assignmentlg...
|4
|1025
|447
Human Resourcelg...
|10
|2172
|498
Unit 5 : COMPENSATION MANAGEMENT - ASSIGNMENTlg...
|10
|2819
|25
Fundamentals of Human Resource Management Power Point Presentation 2022lg...
|22
|1414
|20
Compensation Management: Effectiveness of Benefits and Incentives Schemeslg...
|9
|2609
|482
The Concept of Individual Performance Related Pay and Its Impact on Employee Performancelg...