Explain What is the difference between a cost of living increase and a merit increase?

1. How would you describe the role of Human Resources from an employee\’s perspective? Where do they add the most value?*

2. What are the key functions of a high-quality HR department in a growing organization?*

3. What is the difference between a cost of living increase and a merit increase? What is the value of each option? Which do you recommend in a performance based culture?*

4. What is the difference between a cost of living increase and a merit increase? What is the value of each option? Which do you recommend in a performance based culture?*

5. Joy, Inc. has hired you to do an evaluation of their human resource practices. What are the key categories you would highlight in your analysis?*

6. You have determined that the compensation structure at Joy, Inc. requires a more thorough review. What type of information would you request to begin your analysis? What are some of the key steps you would take in conducting this evaluation?*

7. In your analysis, you determined that the organization\’s supervisors and managers were mainly promoted from within as the company grew and are lacking some fundamental business & management knowledge and skills. How would you recommend they address this?*