Discuss why two restaurants in the same community might
have different pay levels? Support your answer with
examples.
Two different restaurants in the same community might pay their
employees differently due to the following reasons:
- Restaurants might be facing financial crises and hence could
not pay more to their employees. on the other hand restaurant who
is financially strong might pay more.
- The dividend payout ratio also affects the payment made to the
employees. Higher the dividend payout ratio, less the pay and vice
versa.
- The retention policies for future expansion or other tasks also
influence the pay giving capacity of the restaurant. Higher the
retention policy, less the amount of pay.
- For example, an expensive French restaurant might pay his
employees more salary as compared to a local small scale restaurant
to its employees.
When you go looking for a job after graduation, what
sources do you expect to use? Why?
The sources that can be explored in order to find a job after
graduation includes the following:
- Various online portals highlighting job vacancies of different
organizations can be used, after filling in important details.
- The name can be registered in the employment exchange where
notifications are made available from time to time.
- Exploring websites of different organizations where you wish to
work and search for any job notifications.
- Help from teachers can also be taken as they can guide a
student better about any vacancy.
- Attending different job fairs so that information about new
companies and their job vacancies can be taken.
What do you think of realistic job preview? Would you be
more likely to choose a position where recruiters emphasized only
the positive aspects of the job?
- Realistic job preview (RJP) refers to the act where the
organization makes the candidates aware about the good as well as
bad side of the job being offered.
- RJP is a good initiative by organizations so that the
candidates before selecting the job is aware about every aspect of
the job and is not uncertain in any situation.
- No! I would not choose a position where only the positive sides
of the job are highlighted and the negative/ bad points are
concealed.
- This would mean that something bad is been hid which need to be
known to the candidates and might harm the candidate in one way or
another, in the future.
- Hence, it is better to go for a job where both the good as well
as bad aspects of the job are properly highlighted and nothing is
concealed.
What kinds of signals can warn a manager that employee
training may be necessary?
- The employees not doing their work effectively and hence poor
results are reflected in the end.
- The work allotted to the employees is not done properly and
many mistakes are highlighted in their work.
- The employees are not confident in whatever task is allotted to
them and they seek help of everyone in the organization.
- The employees take more than normal time to complete the
allotted task hence output level decreases to large extent.
Do you think a person’s age and career stage evolve
together? Why or why not?
- Yes! I think that a person's age and career
age evolve together.
- When an individual starts with his job in his young age, he
works on the lower ranks of the organization.
- One cannot expect to rise to the top of the organization at a
very young age with no experience in job affairs.
- As an individual grows in age he works harder to reach to the
higher ranks of the organization step by step.
- With age comes hard work, with hard work comes success and with
success comes the opportunity of career growth.