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Total Rewards_ Week 5 Discussion

Total Rewards_ Week 5 Discussion

Q After reading Chapters 7 and 8 of your textbook, review the article “Nutriment’s New Hires” at the end of Chapter 7. Next, assume you are Jack Stewart—the HR management consultant in charge of hiring approximately 15 new employees for Nutriment Biotech—and you are preparing to meet with the owners to discuss pay structures. In your initial post, address the following: • Considering the three common pay structures mentioned in Chapter 8, which are you be most likely to recommend? • Discuss your recommendations to satisfy both the employers (Emily and Harold) and the 10 prospective scientists. Justify your response(s) using scholarly research to support your statements.

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The common structure of pay suggested for Nutriment Biotech is the structure of two-tier pay. Employees newly hired are rewarded less in comparison to employees established under the structures of two-tier pay. Opportunity is held by the employees to move forward to the higher rates that senior employees enjoy from the pay rates at lower entry-level under the temporary basis. The distinction of pay rate is reinforced by the permanent systems of two-tier through retaining separate scale of pay. Scales paying lower are applicable to employees hired newly and higher-paying scales are enjoyed by present employees.