MGT501 - Human Resource Management
Friday, April 27, 2012
The ABC Company had announced an ambitious expansion program, which included increasing production capacity and doubling the work force in less than five years in 2007. At the time of wage revision, the management designed a two-tier structure: existing employees will be eligible for a higher salary, and those who are recruited fresh will get a lower salary – though job description and job specification are the same. The management argued that this is the best policy and is widely followed in deregulated companies abroad.
Requirement:
In your opinion, is it a fair policy or not (regarding existing and fresh employees); discuss with proper arguments.
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Solution:
its a fair decision because
fresh graduates lack of experience
need training
unaware of organizational working criteria
whereas exiting employees
are experienced
well aware of working criteria of the organization
management can delegate their authorities to them and more reliable
they dont need special training for routine tasks...
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ABC company is deregulated company and can have its self made wage policy. Coporates and management have decided to pay new employees less salaries than existing employees because existing employees have greater work experience , skills and practices. Company is paying employees on the basis of their potential so policy is fair.
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according to me when old are controlling everything then what need arise to newly appointerx.... and if the salry are low then their work efficiency also decrease and they cannot achieve the targets .. i thnk its unfair policy...
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I'll Go with the decision of that it is fair decision. because, !st of all old employees have more experience. 2nd they need not to train, further, also the fresh employees are looking to some other jobs and that may resin this job, but the old employees have no chance to go further.
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Here is my answer: The Decision is fare. First of all the old employees have more experience and they need not to train further, so the expenses of training the Fresh employees will be adjusted with their lower salaries. Secondly old employees have more expenses rather than fresh employees; they are nearly retired so with the higher salary they work with more ambition. Another reason is when fresh employees feel that they are lowered salaried, so they work hard for the improvement of their salary and Respect their older employees more and will learn from them ambitiously.
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During an interview it’s up to the interviewee how to handle the question; either it’s a stress interview or another one. Communication becomes very important while giving interview. Interviewee must ignore the interviewer’s tantrums and his aggressive behavior and keep himself focused on answering the question to the best of his ability. In the above scenario the interviewer asked stress question again and again just to check the person’s ability to handle the stress situation and to know either this person can work under pressure or not. So the interviewee must not show the anger but handle the question with patience and calm behavior by telling them how he is suitable for the post and why he want to change the current job.a
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