Additional Case 10.1

question 64

Multiple Choice

Additional Case 10.1
Brighton Manufacturing is reviewing its compensation system. The CEO wants employees to be paid wages and benefits comparable to Brighton's competitors. He wants a system that allows for maximum flexibility in reassigning workers to different jobs without requiring compensation adjustments each time. The Finance VP suggests that the company link compensation costs more closely to productivity and profit. When profits are down, compensation costs should be reduced as well. The Finance VP also believes that employees should be paid for what they produce, not for their time, and the compensation program should apply to all employees equally. The VP of HR suggests that the key to the company's success is their employees and advocates an individual-based compensation plan. People should be paid for their skills or knowledge, not just because they are fulfilling certain jobs. The VP of HR also feels that it would be simpler to implement a compensation system by level rather than by job.
-Refer to Additional Case 10.1.The CEO is primarily concerned about:

Definitions:

Age-related Variation

Differences in behavior, physiology, or characteristics among individuals of different ages, often due to developmental processes or aging.

Adult Intelligence

The cognitive ability of an adult, encompassing aspects such as logical reasoning, problem-solving skills, and the capacity to understand complex concepts.

Obesity

A medical condition characterized by an excessive accumulation of body fat, often defined as a Body Mass Index (BMI) of 30 or higher, associated with increased health risks.

Psychological

Pertaining to the mind or mental processes, including emotions, behaviors, and cognitive functions.