Reference no: EM132457040
Question: Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all of the manufacturing employees' salary divided by the market midpoint, the organization has a 0.90 compa ratio, meaning that on average employees earn 90% of the market rate. Using the current sales and profit trend, the company has the ability to increase compensation spending by 4% annually for the next three years.
Your firm has been asked to propose three approaches for management to consider:
• increasing base pay
• adding a team incentive plan such as profit sharing or individual incentive plan based on individual performance
• a combination of base and incentive pay
Create a 10- to 15-slide Microsoft PowerPoint, Prezi, or Microsoft Sway presentation in which you:
• Propose a plan for each of the three approaches.
• Make a final recommendation.
• Support your points with at least one source.
• Include graphics and speaker notes on each slide that script what would be said if this information were to be presented in person.
Format citations according to APA guidelines.
|
Discuss resource management based on ethical approaches
: Discuss resource management based on ethical approaches used during crisis management. Consider issues such as patient triage or current as well as incoming.
|
|
What areas feel balanced and on track
: Conduct a brief personal assessment of the seven "selves" of your whole person (emotional self, physical self, intellectual self, social-familial self.
|
|
Describe the core attributes of an effective team
: Describe the core attributes of an effective team and the strategies you would implement to develop team dynamics that will benefit the organization.
|
|
Describe the concept of performance management
: Differentiate the concept of performance management and performance appraisal with three (3) to four (4) key points. Then, make your case to leadership.
|
|
Propose the approaches for management
: Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all.
|
|
Discuss and research on economies of scale
: Research on economies of scale, economies of scope, global companies, global teams, globalization strategy, international division, joint venture
|
|
Discuss various forms of big data
: Discuss various forms of big data(structured, unstructured, semi-structured data), Characteristics and considerations in processing bigdata
|
|
Explain what sustainable project portfolio management is
: How is managing project portfolios to the triple bottom line different from managing them to the traditional triple constraints?Explain what sustainable project
|
|
Provide an exanple for a type one error and type two error
: Why is it that increasing the sample size reduces the probability of a Type II error to an acceptable level. Please discuss.
|