MGMT1000 Lecture #10 PDF

Summary

This document provides an overview of individual and team incentives, benefits, such as piece-rate, bonus, and profit-sharing programs. It also discusses employee health, parental leave, tuition reimbursement, and the legal context of HR, including topics like diversity, equity, inclusion, and accessibility, as well as comparable worth.

Full Transcript

“Perfection is not attainable, but if we chase perfection, we can catch excellence.” — V inc e L o m b ar di INDIVIDUAL INCENTIVES TEAM INCENTIVES Incentive Piece-rate plan Bonus Profit Sharing Programs...

“Perfection is not attainable, but if we chase perfection, we can catch excellence.” — V inc e L o m b ar di INDIVIDUAL INCENTIVES TEAM INCENTIVES Incentive Piece-rate plan Bonus Profit Sharing Programs Pay-for-Performance Gain Sharing Pay-for-Knowledge Mandated protection plans (e.g. Canada Pension Plan) Benefits & Optional protection plans Non-Financial Paid time off Rewards Other types of benefits Wellness programs Cafeteria-style benefits plan Southwest Airline Gratitude (SWAG) Employee Stock Purchase Plan Clear Skies Employee Assistance Reference Lululemon. (n.d.). What we do. Lululemon Careers. Retrieved October 8, 2024, from https://careers.lululemon.com/en_US/careers/WhatWeDo Reference Amazon. (n.d.). Amazon headquarters tour: Seattle. About Amazon. Retrieved October 8, 2024, from https://www.aboutamazon.com/news/amazon-offices/amazon-headquarters-tour-seattle +10,000 registered dogs Designated play areas Dog-friendly events Discounted pet insurance Welcome packages Free treats Reference Amazon. (n.d.). How much does Amazon love dogs? Just ask one of the 8,000 pups that work here. About Amazon. Retrieved October 8, 2024, from https://www.aboutamazon.com/news/workplace/how-much-does-amazon-love-dogs-just-ask-one-of-the-8-000-pups-that-work-here FINANCIAL SUCCESS EMPLOYEE HEALTH PARENTAL LEAVE Reference Amazon. (n.d.). Employees and benefits. About Amazon. Retrieved October 8, 2024, from https://www.aboutamazon.ca/workplace/employees-and-benefits Reference Hilton. (n.d.). Benefits. Hilton Careers. Retrieved October 8, 2024, from https://jobs.hilton.com/us/en/benefits TUITION REIMBURSEMENT Salaried, full-time and part-time hourly associates are eligible to participate. Available for college, university, and technical school courses working towards a degree or certification. Reference The Home Depot. (n.d.). Tuition reimbursement. MyTHDHR. Retrieved October 8, 2024, from https://www.mythdhr.com/Benefits/Pages/TuitionReimbursement.aspx.html#:~:text=Tuition%20Reimbursement&text=The%20Home%20Depot's%20Tuition%20Reimbursement,%2C%20doctoral%2C%20or%20technical%20degree MÉTIERS D'EXCELLENCE Reference LVMH. (n.d.). LVMH métiers d'excellence. LVMH. Retrieved October 8, 2024, from https://www.lvmh.com/join-us/lvmh-metiers-dexcellence Legal Context of HR Reduce absenteeism and labour turnover Health & Safety Raise productivity Programs Boost morale Make the workplace safer and healthier Requests for sexual favours Sexual Unwelcome sexual advances Harassment Verbal or physical contact of a sexual nature Employee Equity Act “The purpose of this Act is to achieve equality in the workplace so that no person shall be denied employment opportunities or benefits for reasons unrelated to ability and, in the fulfilment of that goal, to correct the conditions of disadvantage in employment experienced by women, Aboriginal peoples, persons with disabilities and members of visible minorities by giving effect to the principle that employment equity means more than treating persons in the same way but also requires special measures and the accommodation of differences” 1995, c. 44, s. 2 2017, c. 26, s. 19(E ) Diversity, Equity, Inclusion and Accessibility A set of practices intended to ensure An organization’s actions and people from a broad set of socio- services to the public that consider demographic backgrounds are the needs and desired outcomes for represented and able to thrive in a all its stakeholders. workforce Equal wages should be paid for work of equal value Jobs must be classified Comparable based on the qualifications Worth Jobs with similar requirements must be paid the same Dealing with Organized Labour Labour Unions Collective Bargaining The process by which union leaders and management negotiate terms and Groups of individuals conditions of employment working together to achieve pay working hours job-related goals job security benefits working conditions

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