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Mirah graduated with BS Psychology who taught for 25 years in various leading universities. Upon retirement she used her savings to start up a sanctuary
Mirah graduated with BS Psychology who taught for 25 years in various leading universities. Upon retirement she used her savings to start up a sanctuary resort for elderly people with the goal to relieve their solitude and isolation. She had 25 employees, volunteers, and interns (graduating students). For past three years, the business operation seems growing. However, there were few employees who felt compensation administration was not effectively managed. They were also unhappy with how their immediate superiors evaluate their work performance. Sometimes, they were required to render overtime, but no incentives were given. Mirah is having trouble in coping with her present business issues even she graduated with high GPA. Hence, help Mirah to solve her problem by: a) Illustrating the internal factors that are affecting ineffective compensation. (5 marks) b) Explaining the relationship of performance evaluation and compensation structure. (5 marks) c) Discussing what type of incentive is suitable for sanctuary resort. Justify. (5 marks) d) Developing approach to determine best compensation program
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