Business Finance Homework Help
University of Guelph Walmart’s Competitive Pay Policy Essay
I’m working on a management discussion question and need support to help me learn.
A critical part of this course is your participation in the online discussions. An example or issue will be posted at the beginning of each discussion. Your grade will be a function of the quality and quantity of your participation. You are encouraged to build on the discussion that has already taken place within your weekly discussion groups. In other words, grades are not simply given for answering the discussion questions, but also for critically responding to the previous postings and generating new knowledge and ideas.
Discussions can be completed in a couple of different ways. Your posts can be written, video, audio only, or a combination of these modes throughout (e.g., you can do one post written, another post audio, etc.). Regardless of what method you use, it is important that you maintain professional standards and provide evidence. It is possible to verbally cite sources or include them in the text portion of your discussion post, so please do not forget to do this. While forming opinions and judgments is important, they must be backed by evidence.
This week please discuss the following questions:
Draft a recommendation regarding a competitive pay policy for Walmart. Explain why you made this particular recommendation. Does it depend on circumstances faced by the employer? Which ones? What policy would you recommend to your provincial government?
How might something like a global pandemic affect Walmart’s pay policy decisions and subsequent reactions from different stakeholders? What would you advise in this situation?