• Title/Summary/Keyword: Performance-pay Jobs

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Higher Education, Productivity Revelation and Performance-pay Jobs

  • BAEK, JISUN;PARK, WOORAM
    • KDI Journal of Economic Policy
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    • v.40 no.4
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    • pp.65-80
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    • 2018
  • This paper examines the differences between the subsequent careers of high school and college graduate workers based on a direct role of college graduation with regard to the revelation of workers' individual abilities. Using NLSY79, we document a positive relationship between off-the-job training/performance-pay jobs and ability for high school graduates at the early stages of their careers. However, this relationship is less prominent for college graduates. Moreover, we show that high ability is associated with more jobs, which reflects higher job mobility, only for high school graduates. We argue that these patterns are the result of productivity-revealing behavior of high school graduates, whose individual abilities, unlike college graduates, is not observed precisely at the beginning of their careers.

A study on the pay systems of the workers at hospitals in Korea (우리나라 병원근로자의 임금체계에 대한 연구)

  • Ko, Su-Kyoung
    • Journal of Korean Academy of Nursing Administration
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    • v.5 no.2
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    • pp.281-295
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    • 1999
  • The purpose of this study is to provide the basic data for the development of new pay system of hospitals by analyzing the status and problems of current pay system. The pay systems of 20 nationwide hospitals were analyzed and compared with the average pay level in Korea. In addition, the annual trend of pay system was analyzed. Based on this study, the following suggestions can be made. First, the pay levels of hospitals are, in some types of workers, lower than average. Hospitals should take much efforts to improve the payment capability through the effective management. Second, the effort to raise the proportion of basic pay to the total pay and to simplify the pay system on the basis of basic pay rather than the allowance and bonus should be made. Third, the pay system based on the length of service should be revised into the one based on work capability, achievement and performance in case of professional, clerical and managerial jobs. Fourth, the pay system determined depending on the power relationship between the labor unions and the management should be improved into the one, with which workers can feel reliable and satisfied through the revealing of the payment ability and the management improvement.

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Minimizing Total Completion Times in a Two-machine Flowshop Scheduling with Outsourcing Strategy allowed (아웃소싱 전략을 활용하는 두 단계 흐름생산라인에서 완료시간의 총합을 최소화하는 일정계획문제)

  • Yoo, Jaewook;Lee, Ik Sun
    • Korean Management Science Review
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    • v.33 no.2
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    • pp.1-10
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    • 2016
  • We treats a job scheduling in a 2-machine flow-shop problem with outsourcing strategy allowed. Jobs in the first machine are processed in-house or outsourced to the other companies. In this paper, all the considered jobs are determined to be in-house processed or outsourced. When a job is outsourced, then the firm should pay an outsourcing cost additionally. We want to minimize the sum of the outsourcing costs and the total completion times of finished jobs. In this paper, some solution properties are characterized, and then some heuristic algorithms and a branch-and-bound solution algorithm are derived. This paper evaluates finally the performance of the proposed algorithms during the numerical tests.

A Study on Effective Operation of Wage Peak System in Korean Enterprises (임금피크제의 효과적 운용방안)

  • Park, Su-young;Lee, Sang-kyung
    • Journal of the Korea society of information convergence
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    • v.5 no.2
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    • pp.49-58
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    • 2012
  • Korea has entered into an aging society at an exceptionally high speed. Increasing aged workers give pressure on Korean companies with seniority based pay system with labor costs. The wage peak system has been introduced to Korean companies as an alternative to early retirements. The wage peak system currently adopted in Korea is mainly the aging-limit-security model. But in the future we should actively adopt the employment-extension model. To operate wage peak system successfully, I suggest introduction of the individual wage peak system, development of suitable jobs for the aged, selective application by job classification, incentive graded by performance evaluation, and working hour reduction with the decreased rate of wage.

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Characteristics of Social Support at Work Affecting Work Stress (근로자의 스트레스에 영향을 미치는 사회적 지지도 특성에 관한 연구)

  • 박경옥
    • Korean Journal of Health Education and Promotion
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    • v.20 no.3
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    • pp.91-108
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    • 2003
  • Psychological stress is a growing issue in work stress research because work stressors are closely related to depression; and depression, in turn, decreases organizational effectiveness. Considering such causal relationships of work stress, a comprehensive source to control work stress is needed for worksite mental well-being. This study was conducted to identify how social support at work controlled work stress and which characteristics of social support were effective on work stress reduction. The study participants were 240 workers employed in a public hospital in Georgia, U.S.A self-administered survey was given to employees with their pay slips, and followed by a hospital wide voice reminder for 7 days. Surveys were conducted over a 20-day period. The questionnaires asked about job demands, job control, social support at work, depression, job performance, absenteeism, and demographics. The social support construct was structured on the source of support at work and the kinds of support were provided. Statistical analyses were conducted in the structural equation modeling approach. Social support at work was directly related to high job control, low depression, and high job performance. High score of social support at work were significantly associated with high job control, low depressive symptoms, and high job performance. By source of support, only organizational support was positively related to high job control. Organizational support was more effective than supervisor and coworker support. Any stressors and their outcomes were not differenciated by the kinds of support. This result indicated that job control was influenced more by the source of support than the kinds of support provided at work; and the most efficient source of support was the organization. Organizational support was a strong factor in improving workers" perceived controllability of their jobs from a work stress reduction perspective.tive.

A Study on the Development Strategies of the Priority Job Training Program (우선선정직종훈련제도의 발전방안 연구)

  • Yoo, Kil-Sang
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.2 no.1
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    • pp.120-125
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    • 2010
  • The priority job training program is one of key training programs in Korea. This training program has some fundamental problems. The process of selecting the detailed training jobs does not reveal the true training demand of industry sectors. The contracting-out process and control mechanism of the priority job training program show several weaknesses from the points of success conditions of contracting-out public services. In this paper, I proposed development strategies of the priority job training program. The contract period should be longer than one year so that the training institutions may invest for improving quality of training in the longer perspective and reduce transaction costs. The training fee pay mechanism should be more performance-based.

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Economic Impact of HEMOS-Cloud Services for M&S Support (M&S 지원을 위한 HEMOS-Cloud 서비스의 경제적 효과)

  • Jung, Dae Yong;Seo, Dong Woo;Hwang, Jae Soon;Park, Sung Uk;Kim, Myung Il
    • KIPS Transactions on Computer and Communication Systems
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    • v.10 no.10
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    • pp.261-268
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    • 2021
  • Cloud computing is a computing paradigm in which users can utilize computing resources in a pay-as-you-go manner. In a cloud system, resources can be dynamically scaled up and down to the user's on-demand so that the total cost of ownership can be reduced. The Modeling and Simulation (M&S) technology is a renowned simulation-based method to obtain engineering analysis and results through CAE software without actual experimental action. In general, M&S technology is utilized in Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Multibody dynamics (MBD), and optimization fields. The work procedure through M&S is divided into pre-processing, analysis, and post-processing steps. The pre/post-processing are GPU-intensive job that consists of 3D modeling jobs via CAE software, whereas analysis is CPU or GPU intensive. Because a general-purpose desktop needs plenty of time to analyze complicated 3D models, CAE software requires a high-end CPU and GPU-based workstation that can work fluently. In other words, for executing M&S, it is absolutely required to utilize high-performance computing resources. To mitigate the cost issue from equipping such tremendous computing resources, we propose HEMOS-Cloud service, an integrated cloud and cluster computing environment. The HEMOS-Cloud service provides CAE software and computing resources to users who want to experience M&S in business sectors or academics. In this paper, the economic ripple effect of HEMOS-Cloud service was analyzed by using industry-related analysis. The estimated results of using the experts-guided coefficients are the production inducement effect of KRW 7.4 billion, the value-added effect of KRW 4.1 billion, and the employment-inducing effect of 50 persons per KRW 1 billion.