Compensation Management: Scenario Analysis and Recommendations Report

This report provides an in-depth analysis of three distinct scenarios encountered in compensation management within a manufacturing company. The first scenario examines issues such as employee tardiness, increased sick leave, and high turnover rates, prompting an evaluation of the Vice President's proposed salary increase. The analysis suggests that these problems stem from organizational culture issues, advocating for a revised code of conduct, and a rewarding plan based on Maslow's hierarchy of needs. The second scenario addresses declining funds for employee benefits, emphasizing the need for shareholder approval for additional funding and strategies to manage parental leave requests. The third scenario focuses on a negative work culture, particularly the underestimation of the research and development team, and proposes assigning them a high-profile project to boost their morale and productivity. The report offers a comprehensive set of recommendations to improve employee satisfaction, enhance productivity, and optimize the overall effectiveness of the human resource management within the organization.