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Essay / Research Paper Abstract
A 20 page case study of an HR compensation issue and a statistical attempt to discover whether a relationship exists between longevity with Acme Furniture and salary paid. The paper discusses in detail sampling and statistical methods, including descriptive statistics and regression analysis. Findings of statistical analysis indicates that there is indeed a relationship between the two variables, but statistical analysis alone does not explain why that relationship exists. The discussion section introduces other possibilities, including Maslow's hierarchy of needs and the existence of motivators other than compensation alone. Includes 6 tables, 1 chart and the regression equation. Bibliography lists 9 sources.
Page Count:
20 pages (~225 words per page)
File: CC6_KShrCompRes.rtf
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Unformatted sample text from the term paper:
Elizabeth wished that the Human Resources (HR) department could turn back the calendar several decades to return to Henry Fords world. Workers in the factory were company employees, but
that fact did not ensure that a full complement of shift workers would show up each day. Not many of the workers on Henry Fords new assembly line would
tolerate being treated the way that he liked to treat people, regardless of their station in life. He barked, he screamed, he belittled. Today? Five minutes of
Henryesque behavior could result in a lawsuit. Why did Henrys employees stay with his company? Why did they subject themselves to such
demeaning circumstances when there were plenty of jobs available in the area, and other car makers literally were begging for experienced assemblers? Because Henry Ford paid his workers double
the going daily rate at the time, thats why. All the theory we discuss today says that workers work less for money than they do other qualities and values.
If those theorists are right, then why was Henry Ford able to get away with what he did? Compensation Review Elizabeths musings
were generated by the task before her. She was to conduct a salary review of the local area, at companies similar in size and function to the one employing
her. Elizabeths company, Acme Furniture, always was profitable yet never quite seemed to grow to the point that senior management and investors would like to see. Someone had
determined that what Acme needed was a review of those companies in the local area who recruited from the same labor market segment that Acme did, effectively making them competitors
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