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Week 9: Interactive Learning Activity
9.1 Learning Outcomes:
- Distinguish between involuntary and voluntary turnover and discuss how each of these forms of turnover can be leveraged for competitive advantage.
- List the major elements that contribute to perceptions of justice and how to apply these in organizational contexts involving discipline and dismissal.
- Specify the relationship between job satisfaction and various forms of job withdrawal and identify the major sources of job satisfaction in work contexts.
- Design a survey feedback intervention program and use this to promote retention of key organizational personnel.
- List the main decision areas and concepts in employee compensation management.
- Describe the major administrative tools used to manage employee compensation.
- Explain the importance of competitive labor market and product market forces in compensation decisions.
- Discuss the significance of process issues such as communication in compensation management.
- Describe new developments in the design of pay structures.
- Explain where the United States stands on pay issues from an international perspective.
- Explain the reasons for the controversy over executive pay.
- Describe the regulatory framework for employee compensation.
9.2 Action Required:
Design a survey feedback intervention program for an organization of your choice.
9.3 Test your Knowledge (Question):
Explain the importance of competitive labor market and product market forces in compensation decisions
9.4 Instructions:
- Answer the question in test your knowledge section.
- Post your answer in the discussion board using the discussion link below (Week9:Interactive learning Discussion)