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Implement a formal performance evaluation process

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Reference no: EM132974179

Construct a plan that you feel would most effectively motivate the human capital in the McDonald's Corporation.

1. Explain whether you will or will not implement a formal performance evaluation process and defend why or why not.

2. Describe reward system you will use to motivate your employees, in detail, and why you have included each element (base pay, commission, bonus, stocks, benefits, holiday, vacation, etc. (the list is endless, so be creative!).

3. Describe your approach to rolling out and managing the change process required to transition from the current reward system to your new system.

a. What strategies will you use to manage the change?

b. Will you be transparent in your communication or does some compensation information remain confidential?

c. What are the most likely roadblock or resistance to change and how will you plan proactively for success?

 

Reference no: EM132974179

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