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Assess the advantages and disadvantages of using a Web-based compensation tool versus a client-server based or stand-alone PC-based system and then give your opinion on which system would provide the most value to an organization’s stakeholders. Include three (3) facts to support your opinion.
Justify the use of e-Compensation tools in the job-evaluation process from the perspective of HR, management, and the employee.
Evaluate three (3) benefits and three (3) drawbacks of a centralized approach to managing merit pay programs compared to a more decentralized approach.
Suggest three (3) types of integrated analytic features that are needed for compensation planning and decision support in e-Compensation systems.
Assess the barriers that prevent organizations from realizing the potential of Web-based internal equity tools and propose three (3) approaches to overcome those barriers.
Recommend three (3) strategies that HR managers can use to evaluate the quality of market data (surveys, benchmark salary studies, etc.) that they receive from outside sources.
Human Resource Management Discussion Question
Length: 5 pages (1375 Words)
Web-based compensation tools and client-server-based tools have both advantages and disadvantages in their applications. One of the major advantages of a web-based compensation tool is making the work of human resource department in matters of employees’ benefits and compensation management easier. Through the application of this system, human resource department is able to avoid making mistakes and errors because the system has the capacity to check mistakes automatically. A web-based compensation tool is also advantageous since it does not require any frequent updating, which leads to the wastage of employees’ time. A web-based compensation is also essential since it is accessible anywhere and anytime.