Explain how would you design a specific customized

Assignment Help Business Economics

Reference no: EM1349933

You are hired as a management consultant to provide recommendations on how to stimulate productivity of the manufacturing firm that produces Printer Cartridges. Your 50% of the variable salary (consulting fee) is directly tied with manufacturing firm's productivity and employees' turnover ratio. You will be paid 25% of the variable salary by the end of this current year, and the remaining balance will be paid in the following year. Explain how would you design a specific customized compensation plan for Agent-Principal (owners, managers, and employees) that would address both increased productivity and decreased turnover? And how would you measure productivity?

Reference no: EM1349933

Questions Cloud

How vegetarians sometimes have trouble : How vegetarians sometimes have trouble making sure they get enough protein in their diets.

How to motivate staff-productivity and conflict : If you get disgruntled with anyone else in the organization; or if someone is disgruntled with you how do you handle the situation other than to remain silent?

Future trends in counselor evaluation : Give a brief description of the trend or direction on the way counselors administer, score, and interpret assessments. Explain the considerations and challenges for the use of assessment in that area.

How high above the starting point does the pebble fly : Monochromatic light ( = 630 nm) strikes a pair of slits at normal incidence, forming a double-slit interference pattern on a screen located 1.20 m from the slits. It shows the interference pattern observed on the screen. What is the slit separatio..

Explain how would you design a specific customized : Explain how would you design a specific customized compensation plan for Agent-Principal.

Gathering information using cross indexed : Using data mining, it is possible to gather information which has been buried that can be manipulated and cross indexed which could be a valuable information gathering technique for entities.

Determine the meaof the numbers in the array : Determine the mean(average) of the numbers in the array, and output the reslt. Use a subprogram to input the numbers, a function to find the mean.

Find the acceleration of the elevator : A group of hikers hear an echo 2.50 s after they shout. If the temperature is 28°C, how far away is the mountain that reflected the sound wave.

Find the correct statement : Find the Correct statement. Suppose that all projects being considered have normal cash flows and are equally risky.

User Account

All Pages