Case 65 - Student Name Bruce Thompson Case Study Number from Textbook 65 Student overview of case study This case describes State Bank a progressive

Case 65 - Student Name Bruce Thompson Case Study Number...

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Student Name: Bruce Thompson Case Study Number from Textbook: 65 Student overview of case study: This case describes State Bank, a progressive organization who has developed a reputation for its human resource practices. Russell Duncan, president of State Bank, has instituted policies such as training and development in order to enhance the organization’s human capital. In regards to compensation, Duncan instituted a pay for performance system and cost of living to awards raises to employees. Recently, a job market analysis was conducted by a competing bank that revealed State Bank paid its tellers, as a group, more than the average wage of tellers at other banks. Furthermore, other positions such as managers, loan officers and file clerks were being paid wages similar to those paid by other banks. The HR committee met to determine a course of action regarding annual wage increases. A decision must be made regarding how much, if any, raises should be given to tellers or other employees without affecting organizational morale and productivity. The major issues include: compensation, competitiveness, and labor market analysis.
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