SCENARIO 4-4
Bill Leung is the HR director for Copper Inc. ,a mining firm.The business has been losing money over the past three years due to a worldwide slump in copper prices,and no end is in sight.The pressure is on to reduce labour costs.Bill has been asked to recommend an incentive pay program for miners to attempt to increase the amount of ore they extract from each site,while still meeting quality targets.Safety issues are also very important,as even minor accidents add tremendously to costs.The miners work in teams,so the plan must not upset their team interactions;however,the miners have little involvement in the company outside of their immediate jobs.

-Referring to SCENARIO 4-4,what kind of incentive plan should Bill recommend for the miners?

Question

SCENARIO 4-4
Bill Leung is the HR director for Copper Inc. ,a mining firm.The business has been losing money over the past three years due to a worldwide slump in copper prices,and no end is in sight.The pressure is on to reduce labour costs.Bill has been asked to recommend an incentive pay program for miners to attempt to increase the amount of ore they extract from each site,while still meeting quality targets.Safety issues are also very important,as even minor accidents add tremendously to costs.The miners work in teams,so the plan must not upset their team interactions;however,the miners have little involvement in the company outside of their immediate jobs.

-Referring to SCENARIO 4-4,what kind of incentive plan should Bill recommend for the miners?

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The Answer of SCENARIO 4-4
Bill Leung is the HR director for Copper Inc. ,a mining firm.The business has been losing money over the past three years due to a worldwide slump in copper prices,and no end is in sight.The pressure is on to reduce labour costs.Bill has been asked to recommend an incentive pay program for miners to attempt to increase the amount of ore they extract from each site,while still meeting quality targets.Safety issues are also very important,as even minor accidents add tremendously to costs.The miners work in teams,so the plan must not upset their team interactions;however,the miners have little involvement in the company outside of their immediate jobs.

-Referring to SCENARIO 4-4,what kind of incentive plan should Bill recommend for the miners?

SCENARIO 4-4 Bill Leung Is the HR Director for Copper Inc. ,A