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Merit Raise Exercise: Kaymak Consulting
內容大綱
In this exercise, students are asked to assume the role of a project manager for Kaymak Consulting, a 210-employee management consulting firm located in Toronto, Ontario, Canada. Students must work in groups to determine how much of a merit increase each of six analysts should receive during their next salary review. They make their decisions while considering the values that the organization would like to encourage. Background information on each analyst, along with current salary, are provided in the exercise. The task is to determine the most fair and effective method for dividing the pool of funds for salary increase among the six analysts.
學習目標
This exercise is suitable for courses or modules on compensation, human resources, and organizational behaviour, at both undergraduate and graduate levels, to help students improve their understanding of the process of adjusting the compensation levels of employees. After completion of this exercise, students will be able to accomplish the following objectives:<br><br><ul><li>Define the core objectives of a compensation system.</li><li>Understand the three dimensions of organizational justice perceptions.</li><li>Analyze how the organizational justice dimensions can interact to influence employee outcomes.</li><li>Recognize the impact a compensation system can have on employee outcomes (e.g., job performance, turnover rate, workplace morale).</li><li>Develop a plan for assigning raises in a manner that furthers organizational goals and maximizes employee outcomes.</li></ul>