Pay for Performance Best Practices Essay Example for Free

Pay for Performance Best Practices Essay Best practice can be defined as an idea that suggests that there is some sort of technique, method, process, incentive or reward which is considered to be more useful at producing the desired outcome or result for the company than any other technique, method or a reward etc. The performance best practice is mostly done through checklists or rating scales etc. so that the desired outcome can be achieved with fewer problems and complications. (Tech Target, 2008) Compensation When talking about compensation best practice what comes to mind is incentives and gain sharing of the employees. Compensation can be defined as what the employees of the company receive in exchange for their contribution to the company. When they are managed correctly, it helps the company to achieve its targeted goals and objectives and the company is able to obtain, maintain and retain a productive workforce. Without the right kind of compensation, the current employees of the company are very likely to leave and the company will have a difficult time in replacing and the training the employees for that job. The outcomes due to pay dissatisfaction can be very harmful to productivity and can disrupt the quality of work life. If worse comes to worst, pay dissatisfaction can reduce the performance of the employees, which in return may lead to strikes which will cause grievances and that will lead to physical or psychological withdrawal ranging from absenteeism and turnover and it would also increase poor mental health of the employees. (DRMR, n. d) But it must be remembered that overpayment can also cause harm to a company and its employees. The affects of overpayment will decrease the company’s competitiveness and it will lead to anxiety, guilt and discomfort among many employees. The human resource department can contribute to the organization’s strategic objectives through the company’s compensation program. When it us seen that wages and salaries are linked with ‘pay for knowledge’ and ‘pay for skill’ the employees will have an incentive to pursue vocational training. Vocational training can be defined as training for a specific part of a work activity. For example, Dunkin’ Donuts mostly benefits from having better trained workers, who are more productive. The result of linking compensation to continuous learning is a perpetual learning machine that furthers an organization’s strategy. Compensation is not only a way to align performance with strategy. Human resource planning, recruiting, selecting, placement, development, performance appraisals and career planning are also considered in individual efforts and company strategy. But unlike the recruiting and developing activities, compensation programs can be quickly modified and linked with new strategies of the company. (Werther Davis, 1996) Strategic Objectives Strategy can be defined as a set of decisions and actions that are used to formulate and implement strategies that will provide a competitively superior fit between the organization and its environment so as to achieve the stated goals and objectives of the company. Strategy basically shows that where is the organization standing in the market? Or where does the organization wants to be in the next 5 years? It is with the help of strategy that the executives of the company define an overall direction for the company. The strategy if the company is based on growth, entrenchment and stability. The strategic analysis begins when the executives of the company evaluate the current position of the company with respect to the mission, goals and strategies. The executives scan the company’s internal and external environment and identify the strategic factors that require change. The internal and the external environment may show a need to redefine the mission or goals or to formulate a new strategy for the company at either corporate, business or functional level of the organization. (Fullmer, 1983) Dunkin’ Donuts specializes in the provision of doughnuts and beverages. Dunkin’ Donuts client and customers are mostly based of average income households. The company has established itself as one of the most formidable forces in the restaurant business. However, this does not undermine the fact that the company still has a lot to learn from other competitors in the industry. Job Analysis and Evaluation It is a known fact that job analysis collects information about jobs through surveys, observations and discussions among the workers and supervisors, to produce job and positions descriptions. With job analysis information as a part of the department’s HR information system, compensation analysts have the minimum information needed to evaluate the work activities of their employees. Job evaluations are steps and procedures that help to identify the relative worth of jobs or work activities. There are different kinds of approaches to the evaluation of a job; these approaches consider the responsibility of the employee, skills that are needed for the job, efforts done by the employee and the working conditions related to the job. Without job evaluation the HR department would not be able to create a rational approach to pay. The most common methods for job evaluation that helps with a compensation plan are job ranking, job grading system, factor compensation and the point system. The Point System The methods that I would be suggesting for Dunkin’ Donuts would be the point system. Why? Because this system evaluates the compensation factors for each job instead of using wages as the factor comparison does, this method uses points and it is more easy to use and it’s not filled with complication plus this method is most commonly used by most companies when they are evaluating their employees. This method is slightly hard to create in the initial stage, but it is more precise than any other method because it is able to handle critical, compensable factors in more detail. This system is based on six steps and theses steps are usually implemented by a job evaluation committee or by an individual HR analyst. The steps are as follows:- Step 1 is the, determine critical factor stage. The point system uses the factors which are mostly used in the factor comparison method but it mostly adds more detail by breaking down the factors into sub factors for example, responsibility can be broken down into safety for others, equipment and materials, assisting trainees and product or service quality. Step 2 is the, determine the levels of factors stage. In this stage the amount of responsibility or any other factor like skill may vary from job to job. The point system actually creates different kinds of levels which are associated with each other. This level actually helps the HR analyst to reward different degrees of responsibility, skills and other critical factors. Step 3 is the, allocate points to the sub factor stage where the factors list down to one side. And the levels are placed across the top of the evaluation sheet; the result is a point system matrix. Starting with a level IV, the job evaluation committee subjectively assigns the maximum possible points to each sub factor. For example, if safety (75) is twice as important as assisting trainees (37), it gets twice as many points.

Aldous Huxley :: essays research papers

The English novelist and essayist Aldous Leonard Huxley, b. July 26, 1894, d. Nov. 22, 1963, a member of a distinguished scientific and literary family, intended to study medicine, but was prevented by an eye ailment that almost blinded him at the age of 16. He then turned to literature, publishing two volumes of poetry while still a student at Oxford. His reputation was firmly established by his first novel, Crome Yellow (1921). Huxley's early comic novels, which include Antic Hay (1923), Those Barren Leaves (1925), and Point Counter Point (1928), demonstrate his ability to dramatize intellectual debate in fiction; he discussed philosophical and social topics in a volume of essays, Proper Studies (1927). Brave New World (1932), was his most celebrated work. Aldous Huxley was born in Godalming, Surrey on July 26, 1894, into a well-to-do upper-middle-class family. His father, Leonard Huxley, was a biographer, editor, and poet. He first studied at Eton College, Berkshire (1908-13). When Huxley was fourteen his mother died. At the age of 16 Huxley suffered an attack of keratitis punctata and became for a period of about 18 months totally blind. By using special glasses and one eye recovered sufficiently he was able to read and he also learned Braille. Despite a condition of near-blindness, Huxley continued his studies at Balliol College, Oxford (1913-15), receiving his B.A. in English in 1916. Unable to pursue his chosen career as a scientist - or fight in World War on the front - Huxley turned to writing. His first collection of poetry appeared in 1916 and two more volumes followed by 1920. During the 1920s Huxley formed a close friendship with D.H. Lawrence with whom he traveled in Italy and France. For most of the 1920s Huxley lived in I taly. In the 1930s he moved to Sanary, near Toulon, where he wrote Brave New World, described as a dark vision of a highly technological society of the future. In the1930s Huxley was deeply concerned with the Peace Pledge Union. He moved in 1937 with the guru-figure Gerald Heard to the United States, believing that the Californian climate would help his eyesight, a constant burden. After this turning point in his life, Huxley abandoned pure fictional writing and chose the essay as a way for expressing his ideas. Huxley wrote Brave New World in four months in 1931. It appeared three years after the publication of his best-seller, the novel Point Counter Point.

Experiment to Investigate the Validation of Bernoulli’s Equation

TITLE Bernoulli's Principle OBJECTIVE experiment  is  done  to  investigate  the  validation  of  the Bernoulli’s  equation and also to measure pressure distribution along venture tube. INTRODUCTION This experiment is carried out to investigate the validity of  Bernoulli’s theorem when applied to the steady flow of water in tapered duct and to measure the flow rates and both static and total pressure heads in a rigid convergent/divergent tube of known geometry for a range of  steady flow rates.The Bernoulli’s theorem (Bernoulli’s theorem, 2011) relates the pressure, velocity, and elevation in a moving fluid (liquid or gas), the compressibility and viscosity of which are negligible and the flow of which is steady, or laminar. In order to demonstrate the Bernoulli’s theorem Bernoulli’s Apparatus Test Equipment issued in this experiment. THEORY †¢ Velocity of fluid is less fluid †¢ The fluid is incompressible and non- viscous †¢ There is no heat energy transferred across the boundaries of the pipe to the fluid as either a heat gain or loss. There are no pumps in the section of pipe For an ideal fluid flow the energy density is the same at all locations along the pipe. This is the same as saying that the energy of a unit mass of the fluid does not change as it flow through the pipe system. APPARATUS EXPERIMENTAL PROCEDURE 1, A inspection was done to ensure that the unit was in proper operating condition, so that the experiment will not consist of errors. 2, A hose had to be connected to the nearest power supply. 3, The discharged pipe was then opened. , The cap nut of the probe compression gland was set to such condition, that the slight resistance could be felt on moving the probe, and the water flow created a sound which also helps to determine the flow pressure (by hearing it ). 5, The inlet and outlet valve was then opened. 6, Then the pump was switched on and the main cock was relea sed slowly opened. 7, The vent valve on water pressure gauze was opened and outlet cock was closed with great care until pressure gauze was flushed. , By simultaneously setting the inlet and outlet cock, the water level pressure gauze was regulated, so that neither upper or the lower range limit was overshot or undershot. 9, Pressure at all point were measured and recorded. The overall pressure probe was moved to corresponding measurement level and the overall pressure was noted down. 10, The volumetric pressure flow was determined, by using stopwatch to established time required to raise the water level in the volumetric tank from 3to 7 liters. RESULTS FLOW RATES (L/s)| FLOW VELOCITY AT DIFFERENT MEASUREMENT POINTS (10-3 m/s)| | 1| 2| 3| 4| 5| 6| 0. 137| 2. 16| 3. 45| 8. 0| 5. 91| 2. 98| 2. 16| 0. 122| I. 93| 3. 07| 7. 92| 5. 26| 2. 65| 1. 93| 0. 094| 1. 48| 2. 37| 6. 10| 4. 05| 2. 04| 1. 48| 0. 114| 1. 80| 2. 87| 7. 40| 4. 91| 2. 48| 1. 80| 0. 116| 1. 83| 2. 92| 7. 53| 5. 00| 2. 5 2| 1. 83| VOLUME(L)| TIME(s)| FLOW RATES(L/s)| 3| 21. 90| 0. 137| 4| 32. 78| 0. 122| 5| 53. 19| 0. 094| 6| 52. 85| 0. 114| 7| 101. 50| 0. 116| POINT (I)| Di(mm)| A(10-4 m2)| 1| 284| 633| 2| 225| 397| 3| 140| 154| 4| 172| 232| 5| 242| 460| 6| 284| 633| GRAPH DISCUSSION it is known that water is a fluid and all fluids have the properties to take shape of the container or wherever they are stored or flow through.Since the fluid cosses through a given path for duration of time there have to be a pressure lose due to the path design or distance or width. Bernoulli’s principle states that if the rate of flow of the fluid is high the pressure will be low and if the slower rate of flow the fluid exerts more quickly (with pressure). CONCLUSION From the experiment it is found that the difference between the experimental and the calculated value are to high, this could happen due to such factors 1, the reading was not taken accurately or either not taken to the very decimal point or per haps parallel eye reading. , Bubbles those were trapped on the top of the tube and could not have been released or seen. 3, The recording the data time might not be accurate. 4, The internal resistance of the water , those were not taken into account during the calculation. 5, The pressure at each manometer tube might not be stable before reading was taken due to in accurate air flow or pressure flow. All the factors mentioned above could play a great role in effecting the results. There are many ways to improve reading one way can be repeating the experiment multiple times and get the average.Considering all factors and the comparison between data collected via multiple values the experiment is successful, and it proves Bernoulli’s principle of fluid motion pressure. REFERENCES 1, http://camillasenior. homestead. com/Activities_Showing_Bernoulli_s_Principle. pdf 2, http://hyperphysics. phy-astr. gsu. edu/hbase/pber. html 3, http://www. princeton. edu/~asmits/Bicycle_web/Bern oulli. html 4, http://mitchellscience. com/bernoulli_principle_animation 5, http://www. scribd. com/doc/68038037/Experiment-Bernoulli

The Ethnocentric Society of American Culture - 971 Words

The American culture is revolved around our image. It seems like we are all very egocentric and don’t try to add other cultures or different races views into our society. In other words, we are an ethnocentric society that focuses on the dominant white race and people with money. According to the textbook, â€Å"Ethnocentrism is the tendency to judge other cultures using one’s own standards† (Newman 113). I have viewed and analyzed four different magazines: Cosmopolitan, Allure, Muscles and Fitness, and College Basketball. Two of these magazines were for women and two of the magazines where for males and I have concluded that we as Americans only care about ourselves and about money. While comparing women and male magazines I noticed some differences in race and social class. â€Å"Social class is a group of people who share a similar economic position in a society, based on their wealth and income† (Newman 321). 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