Human Resources Strategies
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Human Resources Strategies

644751

  • Ph.D.
  • 862

Short excerpt:

2. CASE STUDY EVALUATING NONTRADITIONAL INCENTIVE SYSTEMS HOWE 2 SKI STORES 1. Given the background information about Howe 2 Ski Stores, discuss the feasibility of implementing lump sum bonuses, pay for knowledge, profit sharing, and gain sharing plans in this situation. What plan or plans would you recommend the Howe look at more closely and why Lump sum bonuses would not be an effective compensation plan because such plans work more efficiently in companies that do not have human resource issues like Howe 2 Ski Stores. A problem that employees often face in companies with personnel issues is negative employees (Heathfield, 2012). I think that a pay for knowledge program might work for this company because these programs tend to be very fair. The most effective plan Howe 2 Ski can use is

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