ARTICLE 3: WEB BASED COMPENSATION AND PLANNING

Assalammualaikum and hello everyone. Now, we will discuss about web based compensation and planning issue. For me, this issue is a very important and interesting topic to analyze. Why I said that, this is because, from presentation activity by FatinIzzaty group (26^th November 2012 / Monday ), I get more input and knowledge about this topic. I will share with you as readers my blog what I understand from this topic.

Firstly, when we talk about web based compensation and planning, the questions of ‘definition’ will be arise. According to Kavanagh ( 2012 ) the basic compensation system includes base pay, merit pay, short-term and long-term incentives, perquisites, recognition awards and attraction or retention awards.

The important things I took away from this topic also I understand about the meaning of web-based compensation and web based benefits planning. Web based compensation is an online approach that helps an organization to manage, analyze, gather and store the information regarding the compensation. It is a web based that provides a set of secure regarding the web bases payment, pension and also insurance application. Web based benefits planning is been used to organize the benefits planning in the organization by the combination between the human resources information and payroll processing. From the presentation activity, I know that components of online compensation systems liked fixed compensations, variable compensations and stock.

From the presentation activity also I know about the advantages when organization uses this system. The advantages like they can improve effectiveness either by in terms of the accuracy of information or by using the technology to simplify the process. Besides that, this system also can give implications for managers such as although e-compensations and e-benefits creates new opportunities for line managers and employees the organizational practices can be limited in using these opportunities because of a lack of time and the willingness to pick them up.

In the end of session class on that day, Dr. RoyaAnvarigives assignment to do. The assignment about Case Study: Grandview Global Financial Services, INC.From this case study, we must answer three questions to increases our understanding about this topic. In a conclusion, I can analyze and know about the example of compensation application in human resource information system context such: 

Figure 1: Quickly Pull Up Summary Compensation Tables and Form 990s

Figure 2: Largest Nonprofit Executive Pay Survey Ever Conducted

                                                            ( 400 words )

Reference:

Dessler, G. (2012). Human Resource Management. New Jersey: Pearson.

Kavanagh, M.J., Mohan Thite., & Johnson, R.D.  ( 2012 ). Human Resources Information

            Systems: Basic, Applications and Future Directions. California. Sage Publications.