Compensation and Benefits Systems Research Paper

Compensation and Benefits Systems - Research Paper Example It is also a matter of fact that job satisfaction is key to the retention of an employee to his/her current job, particularly in the face of high salary provided in other companies. It is for this reason that the human resource function of many companies considers compensation and benefit systems as its integral part. The move is mainly driven by change in world economy, change in company due to market and legal forces, innovational needs and decisive thinking in order to be able to remain competitive. The type of compensation and benefit system that a company uses for compensating its staff can be valuable in the company’s efforts to gain competitive advantage and be able to achieve its missions and visions. A well organized incentive compensation plan has the effect of giving employees the feeling that the organization they are working for is fair. Employees also need to have a better understanding of their earning potential for them not to see those offered by other compani es as attractive. General Motors, an American company that deals in the manufacture of automobiles is one such company that recognizes the value of compensation and benefits system to its employees. ... According to General Motors’s pay-scale report of December 2010, auto mechanics are projected to earn a mean salary of $18 per hour, assembly-line workers earn $29.49, journeymen electricians earn $31.47, and those doing assembling get $28.97 while millwrights get $30. Locsin cites that General Motors’s employees on salary get compensation worth $79,665 annually for mechanical engineers; $75,505 for industrial engineers, project engineers get a compensation of $83,182; mechanical design engineers getting $79,992; product development engineers being compensated $80,785 while manufacturing engineers getting $78, 683. This form of compensations is meant to motivate the employees in different department for them to increase their effort and remain loyal to the company (Locsin 1). The company also considers the experience that an employee has in compensating its workers. In this regard, an employee who has a lot of experience is being rewarded more compared with those who ha ve not acquired a lot of experience. According to the General Motors Corporation’s pay scale of December 2010, new employees of the company earn $53,500 yearly, while those who have between one to four years of experience pocketing $64,160 (Locsin 1). He also reports that after an employee has worked for between five to nine years, these employees are considered with a reward. In this case, they get $75,043. Those who have served the company for between ten to nineteen years are awarded $82,480 yearly and those with more than twenty years of experience get $94,527. This kind of benefit was introduced as a way of increasing job satisfaction and retaining company’s employees with many years of experience. Locsin notes that compensation at General motors is also affected by an

The Impact of Fast Food Marketing on obesity Research Proposal

The Impact of Fast Food Marketing on obesity - Research Proposal Example From this point it could then be agreed upon by many that television fondness among the present generation towards the next generations is here to stay. In fact, 70% of the viewers of these particular themes are young children from the ages two towards the ages six, who are known to believe whatever they see in the television. They are not that much capable of setting apart the truth from make-believe. Hence, upon seeing the programs that were mentioned above, they are disposed of to beliefs that they are able to become like that of the characters that they see on television. Children as young as they are have no limitations as to what they are supposed to or not believe in (French, 2003, 14). This particular vulnerability among young viewers have been used as an advantage on the part of the advertisers [particularly that of fast food establishments]. According to Business Week magazine, the typical American is exposed to about 3,000 commercial messages each day. How do people react They tune out, either literally or mentally. At best, most people give advertisements only partial attention. (Greenwood, 1990, 43) To overcome viewer apathy, advertisements must grab our attention. Television commercials feature stunning visual effects. They strive to be entertaining, dramatic, funny, puzzling, or emotional. They feature celebrities and lovable cartoon characters. Many use sentiment to hold our attention, perhaps by focusing on cats, puppies, or babies. In this case, food presentations and "kiddie" values are used by advertisers to present the products that they are luring the young ones with. The truth between the relationship of television advertising and... This essay "The Impact of Fast Food Marketing on obesity" outlines how strong television impact could be upon the viewer and how it affects the level of obesity. Most people think that advertising does not really affect their decisions. They think they ignore it and make up their own minds. Money-wise business executives know better. Throughout the world, these men hang their fortunes on tremendous advertising budgets. They build wants and sway our thinking in ways that we may not even realize. Advertising messages strike our eyes and ears from all directions—from newspapers, magazines, television, radio, billboards, buses, subways, taxicabs, river barges, T-shirts, and from other sources too numerous to mention. It has been estimated that Americans encounter as many as 1,600 advertising messages a day. A growing number of nutritionists are accusing fast-food companies of conducting â€Å"a blitzkrieg that perverts children’s eating habits and sets them on a path to obesity,† states an article published in Tokyo’s IHT Asahi Shimbun newspaper. â€Å"Television remains the most powerful medium for selling to children,† says the report, but in addition, food companies are â€Å"finding every imaginable way to put their names in front of children.† Movies, games, Internet sites, arithmetic books, and a wide array of dolls and toys all bear food-company advertising. Why advertise to children? â€Å"It’s the largest market there is,† states Texas A&M marketing professor James McNeal (Greenwood, 1990, 16).