Knowledge and experience of the job

Assignment Help Business Management

Reference no: EM133772742

Question

The first thing that should be done is base pay on how long they have been with the company and their knowledge and experience of the job. The second thing that should be discussed is that bonuses should be based on performance. If someone is performing badly they should not be rewarded like the rest of the company. Thirdly to cut costs, as many companies do, over time could be eliminated. Not very many employees have overtime but roughly $35,000 is being spent on overtime alone. Is the overtime necessary for the company to continue? Bonuses being based on performance could for one improve the performance of employees within the company as well as cutting costs on the employees who have not improved. Cutting base pay salaries for the departments could help longevity with employees within the company while cutting costs. Eliminating overtime could stop burnout of employees, and help with a work-life balance for employees, in turn helping their productivity during scheduled hours, and helping cut costs of the company.

Reference no: EM133772742

Questions Cloud

Create roadmap and divide the project into sprints : Create a roadmap and divide the project into sprints, considering that the maximum time established for the project is 3 months.

Internal communication and employee engagement : Write about global communication for Coca-Cola Internal Communication and Employee Engagement:

Coca-cola crisis communication and reputation management : Write about global communication for Coca-Cola Crisis Communication and Reputation Management

What did smith do wrong with respect to implementing change : Why do you think the regions are not responding to Smiths's initiative for change? What did Smith do wrong with respect to implementing the change?

Knowledge and experience of the job : The first thing that should be done is base pay on how long they have been with the company and their knowledge and experience of the job.

Designated storage area : Designated Storage Area: Create a specific area solely for PPE storage. This helps in keeping the equipment organized and ensures that workers

Diversity-equity and inclusion : One of the biggest changes organizations have made over the past five years is the creation of the DEI (diversity, equity, and inclusion)

Employees are lackadaisical in their behavoir : The employees are lackadaisical in their behavoir, their appearances and way they dress. There education level is that of an eighth grader, thye lack experience

Defense for counternarcotics and stabilization policy : The Office of the Deputy Assistant Secretary of Defense for Counternarcotics and Stabilization Policy is responsible for which of the following?

User Account

All Pages