Question: Explain the types of individual incentive plans

> The hospitality industry has recently been the focus of the DOL due to widespread pay violations. Housekeepers are at the highest risk of not receiving fair pay for the hours worked. Common unethical employer practices are outlined and students are asked

> Shannon Keller spent years developing a compensation system aligned with Exactitude's strategic goals of high quality manufacturing. External influences on compensation from the chapter have been considered. As with most workplace changes, employees have

> Jelly Belly is a family-owned company that found during a merger that they had not only one ineffective performance appraisal process, they had two. Revising the process involved bringing in an HRIS provider to create an effective, easy-to-use, web-based

> The U.S. Navy may not be the first employer that comes to mind when you think of employers that are making efforts to help employees with work/life balance issues. However, the Navy has made improvements to maternity benefits, parental leave, and flexibl

> A young HR Generalist is frustrated when a variety of common problems in the performance appraisal process combine to make her job difficult. Students are asked to diagnose the problems and suggest ways to improve the process. 1. What is missing in the

> Nearly 40 percent of first-time leaders fail in their position. When you look at the number of leaders Walmart needs to sustain their global growth, it's important to reduce that number and increase the odds of employees succeeding in their new positions

> An HR director is confused when Western States, the mortgage company she works for fails to gain a place on the local "Best Employers" list. Students are asked to help her utilize career development concepts to improve employee opinions about the opportu

> Supervisors identified as having potential at Whirlpool are invited to participate in a unique employee development program that involves their managers too. 1. Discuss how each of the levels in Kirkpatrick's model could be applied to the Leading People

> When confronted with complaints about the quality of care, The Director of Nursing and HR Director at Kindness House Hospice look for ways to reduce their excessively high employee turnover as a way to reduce the staffing shortage they blame for the prob

> Identify how each of the five core job characteristics of job enrichment could be used to improve your job or a job of your choice.

> Explain human resource planning and explain why it is important to organizations.

> Summarize the ways unions differ globally.

> What is the process for establishing a union as the legal collective bargaining representative for employees?

> What must an organization do differently with respect to health and safety when operating in another country?

> List sources of stress in the workplace.

> Outline ways employers can create safer workplaces.

> How do benefits for employees in other developed countries compare to employees in the U.S.?

> Why is PTO such a popular option over sick leave?

> Explain how salaries are determined for workers with assignments in other countries.

> It turns out that being a successful "Beauty Advisor," also called cosmetic associates, takes different skills than other types of sales positions. Turnover for the Beauty Advisor position at Bon-Ton stores was much higher than other sales positions alth

> Summarize the ways the Fair Labor Standard Act regulates compensation.

> Explain the difference between intrinsic and extrinsic rewards and explain how they relate to a job you have held.

> How does the global nature of business affect performance management systems?

> What are some major factors that distort performance appraisals?

> Rank the four career development stages in order of increasing employer responsibility and involvement. Explain your choices.

> How does the ADDIE model of training design connect training with strategy?

> Outline the steps in the selection process and explain which steps you believe are most important.

> What services does your college career center offer to help you land a job when your education is complete?

> Explain how social media and other online sources are used to recruit candidates.

> Unions have become so weak, and their public image is so bad, that you don't need to worry about them showing up and demanding to represent your employees. Let them go ahead and try to distribute authorization cards. If you treat your employees well, pay

> Western Motors has coasted along, like many companies, allowing experienced managers do their own interviewing. Problems arise at Western Motors when the service manager's interviewing philosophy results in hiring a few "bad apples" that put the dealersh

> When you suggest that your employer use Facebook, LinkedIn, and Twitter to advertise job openings for a new clinic because the medical staff necessary is in short supply, the clinic director refuses, declaring “That's just not the image we want to presen

> Describe the human resource planning implications when an organization implements flexible scheduling.

> What is meant by “reasonable accommodation” as it pertains to the Americans with Disabilities Act of 1990?

> Explain the purpose of HRM in an organization.

> Explain the legal issues relevant to the workplace and HRM.

> Describe ways HRM uses HRIS to provide information and services more efficiently.

> Describe the groups protected by Title VII of the Civil Rights Act and explain how well the act has accomplished the goal of eliminating discrimination against those groups. What would you have added to the act to make it more effective?

> What is a union and why do they exist?

> Compare bullying in the workplace and employee violence.

> Discuss how OSHA prioritizes investigation and enforcement of standards.

> The Honolulu Police Department was always fully staffed until a few years ago when retirements, openings in other law enforcement agencies, and even the events of 9/11 reduced its ranks. The organization conducted a massive recruitment campaign, built ar

> Explain the purpose of OSHA and the employer record-keeping requirements.

> What are the major differences between defined benefit pension plans, defined contribution plans and 401k accounts. Which would you prefer and why?

> Explain the ways ERISA and PBGC provides protection for workers with pensions.

> Describe the differences in the types of health insurance plans from the perspective of an employee.

> Explain the function and purpose of four legally required benefits.

> Explain the advantages of offering employee benefits from the perspectives of the employee and the employer.

> How do bonuses and stock options provide incentive pay for executives?

> Explain job evaluation and how the three different methods help to create effective pay structures.

> Outline the external factors that affect compensation and explain how they apply in your community.

> Six situations that may or may not be sexual harassment are presented. Some suggested responses: a. A female supervisor frequently praises the work of a highly competent male employee who recently received a merit raise. His female co-workers are becomin

> What should supervisors know about conducting effective performance appraisal meetings?

> Identify ways to make performance evaluations more effective. Select one that you believe is most effective and explain why.

> Explain the advantages of using management by objective (MBO) as an appraisal method.

> Explain the concept of a Behaviorally Anchored Rating Scale (BARS) and explain how it can reduce leniency and central tendency errors.

> Contrast the advantages and disadvantages of evaluating employees by absolute standards and relative standards.

> Describe the appraisal process. Explain which step in the process is most important.

> Explain the importance of each of the four purposes of the performance management system. Suggest a fifth purpose and explain why you feel it is important.

> What is a mentor and how do you go about finding one?

> Identify the Holland vocational preferences and explain the importance of this model in determining the best job fit.

> Explain how and why employee development and career development activities overlap.

> The employee firings in the chapter opener are examined and evaluated. The actual results are:

> A boring internship suddenly gets interesting when the antiquated, but common HR policies and practices of an organic grocer collide with a manager's attempt to do the right thing. Students are asked to diagnose what went wrong, what needs to be done to

> Use the same data provided in Exercise 8-6, with the exception that Pace Company purchased the additional shares from Sime Company on January 1, 2014, at a price of $1.30 per share rather than $1.50. Required: A. Prepare the journal entry on Pace Comp

> On January 1, 2014, Pace Company purchased 250,000 shares of common stock directly from its subsidiary, Sime Company, for $1.50 per share. Noncontrolling stockholders elected not to participate in the new issue. Pace Company acquired its initial 92.5% i

> Use the data presented in Exercise 8-2, but assume use of the complete or the partial equity method rather than the cost method. Required: A. Prepare the journal entries Papke Company will make on its books during 2013 and 2014 to account for its inve

> Use the data from Exercise 8-1, but assume use of either the complete or the partial equity method rather than the cost method. Required: A. Prepare the journal entries Peck Company will make on its books during 2013 and 2014 to account for its invest

> Use the data provided in Exercise 8-2. Required: A. Prepare the workpaper eliminating entries needed for a consolidated statements workpaper on December 31, 2014. B. Determine the amount of noncontrolling interest that would be reported on the consol

> Papke Company acquired 85% of the common stock of Serbin Company in two separate cash transactions. The first purchase of 72,000 shares (60%) on January 1, 2013, cost $490,000. The second purchase, on January 1, 2014, of 30,000 shares (25%) cost $220,000

> Pomeroy Corporation owns an 80% interest in Sherer Company and a 90% interest in Tampa Company. On January 2, 2014, Tampa Company sold equipment with a book value of $600,000 to Sherer Company for $780,000. This equipment has a remaining useful life of t

> Pinta Company, a forklift manufacturer, owns 80% of the voting stock of Standard Company. On January 1, 2014, Pinta Company sold forklifts to Standard Company for $400,000. The forklifts, which represented inventory to Pinta Company, had a cost to Pinta

> During 2013, Pier One Company billed its 80% owned subsidiary, Scale Company, $700,000 for architectural services. The cost to Pier One Company of providing the services was $400,000 for salaries and $150,000 for other operating expenses. Scale Company c

> Peck Company purchased Sanno Company common stock in a series of open-market cash purchases from 2012 through 2014 as follows: Sanno Company had 18,000 shares of $20 par value common stock outstanding during the entire period. Retained earnings balance

> Peat Company owns a 90% interest in Seaton Company. The consolidated income statement drafted by the controller of Peat Company appeared as follows: During your audit you discover that intercompany sales transactions were not reflected in the controlle

> On January 1, 2015, P Company acquired a 90% interest in S Company. During 2016, S Company sold merchandise to P Company at 25% above cost in the amount (selling price) of $225,000. At the end of the year, P Company had in its inventory one-third of the

> On January 1, 2013, Price Company acquired an 80% interest in the common stock of Smith Company on the open market for $750,000, the book value at that date. On January 1, 2014, Price Company purchased new equipment for $14,500 from Smith Company. The e

> P Company owns 90% of the outstanding common stock of S Company. On January 1, 2015, S Company sold land to P Company for $600,000. S Company originally purchased the land for $400,000. On January 1, 2016, P Company sold the land purchased from S Company

> Patterson Company owns 80% of the outstanding common stock of Stevens Company. On June 30, 2013, land costing $500,000 is sold by one affiliate to the other for $800,000. Required: Prepare in general journal form the workpaper entries necessary becaus

> Procter Company owns 90% of the outstanding stock of Silex Company. On January 1, 2014, Silex Company sold land to Procter Company for $350,000. Silex had originally purchased the land on June 30, 2010, for $200,000. Procter Company plans to construct a

> Pearson Company owns 90% of the outstanding common stock of Spring Company. On January 1, 2014, Spring Company sold equipment to Pearson Company for $200,000. Spring Company had purchased the equipment for $300,000 on January 1, 2009, and had depreciat

> On January 1, 2014, Polar Company, which owns an 80% interest in Superior Company, sold Superior Company equipment with a book value of $400,000 for $560,000. The equipment had an estimated remaining useful life of eight years on the date of the intercom

> On January 1, 2014, Sherwood Company, an 80% owned subsidiary of Paradise Company, sold to Paradise Company equipment with a book value of $600,000 for $840,000. The equipment had an estimated remaining useful life of eight years on the date of the int

> TRX Company has been forced into receivership, and you have been appointed trustee. You decide to open your own set of books in order to distinguish more clearly between transactions occurring before and after your appointment. The following account bala

> The following balance sheet was prepared for Crane Company on December 31, 2015: Crane Company has had operating difficulties, accumulating a deficit over several years before 2015. During 2015, however, Crane reported a significantly lower operating l

> Refer to Exercise 6-7. Using the same figures, assume that the sales were upstream instead of downstream. Required: Prepare the workpaper entries necessary to eliminate the effects of the intercompany sales for 2014 and 2015. Work paper Entries, Do

> Ball Company is facing bankruptcy proceedings. A balance sheet dated June 30, 2015, and other information are presented below: Ball Company Balance Sheet June 30, 2015 Cash…………………………………………………………………. $ 20,400 Accounts Receivable (net) ……………………………………. 17

> The following data are taken from the statement of affairs of the Monroe Company. (Assume that the realizable values of assets are accurate.) Assets pledged with fully secured creditors (realizable value, $190,000) ………………………………………. $240,000 Assets pledg

> Assume the same situation described in Exercise 10-4 except that the terms of modification of the debt are 1. Accrued interest of $95,000 is to be canceled. 2. The face value of the note is reduced to $600,000, payable at the end of three years. Inte

> Lake Company, a major creditor of financially troubled Spain Company, has agreed to modify the terms of a debt owed to Lake Company. The debt consists of a $900,000, 12% note that is due currently along with accrued interest of $95,000. Lake Company agre

> Bar Company, which is in financial difficulty and in the process of a voluntary reorganization, has agreed to transfer to a creditor a copyright it owns in full settlement of a $150,000 note payable and $15,000 in accrued interest. The copyright, which o

> Indicate whether each of the following is true or false. If an answer is false, explain why. ______ 1. Insolvency means that a debtor has more current liabilities than current assets. ______ 2. Voluntary bankruptcy petitions may be filed under either Cha

> Use the data provided in Exercise 10-9. Required: Prepare a combining workpaper for TRX Company as of the end of the first four months of receivership (December 31, 2015). // Data from Exercise 10-9: TRX Company has been forced into receivership, and y

> Sam’s Company reported the following stockholders’ equity account balances on December 31, 2014. Preferred stock (12%, $100 par value, call price is $105) ………………………………. $100,000 Common stock, $10 par value ………………………………………………………………………500,000 Other contr

> On January 2, 2014, Pasqual Corporation purchased 80% of the outstanding common stock and 30% of the outstanding cumulative, nonparticipating, preferred stock of Sung Company for $400,000 and $70,000, respectively. At this date, Sung Company reported acc

> On January 1, 2014, Pacelli Company acquired a 90% interest in Swartz Corporation for $720,000. On this date, Swartz Corporation reported common stock of $500,000 and retained earnings of $200,000. Any difference between implied and book value interest a

> Perkins Company owns 85% of Sheraton Company. Perkins Company sells merchandise to Sheraton Company at 20% above cost. During 2014 and 2015, such sales amounted to $450,000 and $486,000, respectively. At the end of each year, Sheraton Company had in its

> Perez, Inc. owns 7,000 shares (70% interest) of Salata Company’s $100 par value common stock. The stock was purchased for $1,250,000 on January 2, 2013, when Salata reported a common stock balance of $1,000,000, a retained earnings balance of $400,000, a

> On January 2, 2014, Peoples, Inc. acquired an 80% interest in Schmidt Corporation for $900,000. Schmidt reported total stockholders’ equity of $1,000,000 on this date. An examination of Schmidt’s books revealed that book value was equal to fair value for

> A problem similar to AFS 10-1 is available online at www.wiley.com/college/jeter comparing Blockbuster versus Netflix.