Question

Please find a recent news story on the Employee Free Choice Act. How might this affect union membership? Is this good or bad for workers and employers? Why?

Some companies have "open compensation" plans where everyone can find out what anyone else in the comapny is making. What are the advantages to this? Would you want to work for a company with an open compensation plan?

Why are some car sales companies like CarMax paying their sales associates a salary when most of the industry pays their sales associates a straight commission?

What might be some drawbacks of this plan?

Answer 1

Please find a recent news story on the Employee Free Choice Act. How might this affect union membership? Is this good or bad for workers and employers? Why?

Employee Free Choice Act is a law that is passed to guarantee that employees are dealt with reasonably by giving them the rights to form unions and speak more loudly against any out of line practice at work and to act as a support framework for the employees.

The story that we are alluding to can be found at dpeaflcio page, wherein it is obviously clarified the importance of the law, how makes them help employees, for what reason was it required and what are the major ideas and arrangements under this law.

This will influence the union membership emphatically as the unions can be made by numerous more grounded individuals who used to be apprehensive approaching and this will assist the general framework with gaining quality and improve.

It is good for workers however employers should be substantially more wary now about revealing any arrangement that could adversely impact employees since it has given rights and clear freedom for outright decency for employees to work and help themselves just as the organization develop.

Some companies have "open compensation" plans where everyone can find out what anyone else in the company is making. What are the advantages to this? Would you want to work for a company with an open compensation plan?

The following are the advantage of open compensation plans:

Transparency of the salary structure guarantee the representatives to increase their performance as the worker will have confidence towards equal treatment and they receive equal pay for similar work other doing and that encourage them to more readily perform at work.

In the open compensation plan there will not be any conflict among the representatives in the organization when both work for the same positions.

The representatives get motivated and guarantee them to increase the performance when they know the salary of the colleagues.

The top talents could be retained in the organization as where they will clearly have ideas on the market compensation pay for the same skills who work for the same experience.

Yes, I need to work for a company with an open compensation plan, the reason provided below:

I will clearly have an idea towards the pay structure and the set policies of the transparent pay would increase my motivation level at work.

There will not be any political issues in the organization so I can avoid on conflicts and there will not be any negotiation on the work I perform in the organization. Because the company would have set price based on the skills, experience and so on.

There is avoidance on inequality and that guarantee me to contribute high at work.

Why are some car sales companies like CarMax paying their sales associates a salary when most of the industry pays their sales associates a straight commission?

What might be some drawbacks of this plan?

They may be doing as such so as to ingrain a conviction that all is good among the sales associates and loyalty towards the company with the goal that associates can work all the more adequately and remain motivated all through. Some of the drawbacks of this plan are :

1. Disincentive - Associates probably won't feel that motivated to sell the car because they realize that they would get a fixed salary nevertheless.

2. Diminished performance - This may lessen the performance of sales Associates because of less pressure of financial security.

3. Negative impact on profits - Even if sales so not increase , company would have to pay their sales Associates a fixed salary , this would take a cost for the company's profits.

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