This is for an HR degree sub-course: Motivation & Compensation

Answer the following questions:

1. We are currently seeing many employers in Canada struggling to recruit labour to fill available jobs. A key reason why this is occuring is that wages are not attractive enough for potential employees to fill these jobs. Besides raising wages (Base pay), what type of Indirect pay could be applied to attract workers? Use an example of an organization, and discuss our Compensation Mix Choices specifically.

2. What is the key difference between Group Performance Pay Plans and Organizational Performance Pay Plans? Explain with an example.

3. For this question, refer again to the Fit Stop case that is found in the Appendix (or find it below).

a. How can commission, and merit forms of individual performance pay plans apply to this case?

b. How could stock plans be used as compensation?

c. What is a disadvantage of implementing a profit sharing plan at Fit Stop?

d. Goal-sharing Group Performance Plans could have some advantages for Susan. Why?

e. Identify the benefits system (including specific benefits) that would make the most sense for this firm. Defend your choice.

students in an undergraduate or graduate teaching environment, or on a one-to-one basis with students as required. 5. Participate in the selection and assume responsibility for the training, assigning, and reviewing of the work of subordinate staff or less experienced staff engaged in semiskilled or skilled work; supervise students in the use of equipment and facilities. 6. Assist individual faculty members with research projects by carrying out experiments, usually involving relatively advanced techniques and procedures, and analyze and report on resuits. 7. Search published scientific papers for information relating to specific projects. 8. Perform administrative work related to the units such as budgeting. advising on the purchase of material and capital equipment, maintaining appropriate inventory and records, etc. Desirable Qualifications Several years of work emperience related to the position astigment including demonstrated superitiory experlence. Grade 12 and either a technical school diploma in laboratory technology with ART standing or a university degree relating to the position assignment. Current certification as a regivtered technologist with the Camadian Society of Laboratory Technologits (CSL.7). The Fit Stop Ltd. The fit 5 top ttd. is a brand-new firm that will epen its doen exactly four months from today. its business objecthe is to sell all types of training fitness, conditioning, and exercise equipment to the general pullic. The fit Stop plans to specialipe in this equipment and to provide customers with personalired advice geared to a customer's specific training or conditiening needs fe. \&, training for a particular sport, rehabilitation from injuries, strengtheaing of back museles to deal with buck pain, gceneral conditioning and fitressl. whether the cuskomer is eight or 05 years of age. In order to provide high-quality advice, each store will employ a physiotherapist (to provide advice ce problems such as injuries cr chrenic back painj and a person with a bachelor's degree in kinesiology (to provide advice on training for various sports or other phyyical acthitesi). A staff member will even sit down with custoeneis and develop a personalised training or conditiocing program that meets their own specific objectives and needh, at no cost to the clastomer. The remainder of the stalf in the store wil consiat of a manager, with a Bachelor of Commerce degree, and sales sta4l, who will have at least Wigh school diplomas. Due to the long opening houn, if is expected that between 8 and 12 salespeople will be neded for each store. Because the steres are located in thopping malls, they will operate on a seven-day-we-w basis, open 9.00-9.00 weehdays, 9.00-6.00 saturdayk, and noon to 6.00 cn Sundayt. Aside from persenally helping customers, the roles of the physiocherapist and winesiologit will be to train other employees in how each type of equipment can be used for various condiaioning and rehabilhation purposes. initially, sales stall will be given generat trainine, but as time goes by, each salesperson will be expected to learn in depth about all the different pieces of equipment, to help custemers diagnose their needs occurately, and to be able to explain proper use of the equpment. Because of the high level of training required, all employees will be full-time. The founder of the butiness is Sssan Superfit, who has undergrabuate degrees in kinesiology and commerce from the University of Saskatchewan. While at university, she participated in many sports (and suflered many injuries due to her all-out style of play)-She came up with the idea for this business whle laid up with one of her injuries. While there were businesses that. sold fitness and conditioning equipment, the often found that the people selling it had very limited knowledge and often gave poor advice on what to buy and how to ure it. She has secured funding from private imvestors and from Geowthworks, a targe Canadian labour sponsored investment fund. in order to get volume discounts on the equipment she will be purchasing and to beat competitors into the market, she wants to start ofl quite lange, with stores in major cities in Cotario and the four western provinces, before expanding to Quebec and the Atlantic provinces. She knows that this is a risky strategy and that cost ceetrol will be essential to keep the business going long enough to become well known and develop a stable clientele. She does not expect the business to make a profit for at least one year, or maybe even two. Her main competitors will be sporting goods megastores and department and discount stores, each of which selis wome of the same equipment. Some of theie outlets will be able to price their equipment lower than The Fit stop will be able to, but none hwe the range of equipment that The Fit stop will have, and none provide the personalieed services that The fit stop will. Susan believes that the hey to her butiness success will be highly motivated and knowledgrable employers who have a strong concern for their customers and who are able to work as a team with the other employees to provide the best posible customer service. Since no two cumcmers are exactly alike, employees will have to be innovative in developing solutions that lit their needs. It will also be crucial to keep up with the latest fithess and training trends, as knowledge about fitneis is continaally increasing along with new and different fypes of specialised equipment. A key anpect of company stratery is to be the most up to-date and advanced supplier of new products and techniques. Athough Susan has given a lot of thought to her busines, one thing whe hasn't reafly given much thought to is how to compensate her employees. Since she doesn't really know much about compensation, the tends to feel that the cafest thir would be to just do what her competitors are doing