They are committed as a company to providing maximum value to their customers, shareholders, and employees. They will accomplish this goal by adhering to the core values of responsible financial management, clear and honest communication, and always keeping performance and customer service in the forefront. My recommendation is that management must understand the high demand and how fast the company is expanding. The company must be very careful of the implementation that is needed, to be embedded, to stay a very competitive organization. Training, education, special skills and qualifications is needed to be a strong competitive company.
Riordan will pay higher salaries to employees with high-level skillset to attract and maintain employees with these skills. In addition, this strategy will help the organization keep production running smoothly. The company understands it would cost much more in time, resource, and money to keep retraining new employees. Research and development strategy is part of the pride of the company. Riordan regularly creates and uses some of the most innovative processes and procedures to provide customers with the best product possible.
It would be beneficial to have him take the What Time of Day am I Most Productive survey to see if his poor decision making is based on his ability to focus. The characteristics of the employees make up the characteristic of the company, and both of these are a direct reflection of their leadership. Keeping employees happy is a key element to success, as noted in (Robbins & Judge, 2011), “Therefore, companies implement programs; such as piece-rate pay where workers are paid a fixed sum for each unit production completed”. It is imperative that a company can attract and retain a skilled workforce. Ensuring that their compensation is competitive with the market and valuing the employee’s opinions are just two ways to accomplish this.
The challenges place an ability of performance, increasing skill-levels that produce customer valued work. Employee encouragement takes a creative and “individual approach to challenges, with a strong emphasis placed on performance and skill—and equal, merit-based opportunities across the board” according to "Lg, Life'S Good" (2013, p. 9). This increases the value of the organization and how the organization maintains its longevity with shareholders, within the market, and a society catered to through
For a company to retain talent it must offer more incentives for the employees than that of its competitors. Your company encourages the decisions and ideas of the employees but more programs could be put in place to help retain employees. Implementing a program that offers rewards for time and cost savings not only benefits the employee but also the company by projecting a positive image of employee worth to the company. Keeping the companies hiring practice on the national level is required for all employees that work in the retail stores but if there is a need for technology or manufacturing of a particular product I would recommend global labor. The ability to tap into the global labor market will make the company more competitive by being able to offer competitive prices on products due to lower overhead cost associated with the offset in the labor cost.
The company budget has been stretched, due to the continuing growth of the company this plan will address each issue and it will be done in the proper manner under the company’s budget. The first survey results are as follows: 70% of the Utiliscan’s employees stated that their workload was adequate – not too heavy, not too light. Due to the recent growth in the Utiliscan the employees have not yet experienced much of the new business yet, which in return is going to increase their workload. To prevent this from happening at the company can began to run a job fair to attempt to hire qualified employees that can keep the workload at a consensus. Utiliscan can also update the employee description, just in case the workload does become heavier due to the new changes.
The rewards granted, by the advancement of this position are lucrative and professionally enhancing in a career. It is my opinion that the rewards associated with this position are effective as there are many people waiting for a position to opening. Employees in this position seem to be motivated to progress toward higher levels and goals. In addition to the Independent Development Program, this position is entitled to enroll in the Independent Leadership Development program. Goals The main goal of this position is to place the organization under a microscope and define areas of improvement and productivity.
Everyone has a fundamental need to feel appreciated. Simply acknowledging that someone is doing a good job, will confirm to them that their work is valued, which will help to further motivate them to keep producing quality results in the future. Further more positive attitudes can be contagious, meaning that if employees who are not performing as well notice how much more the good employees enjoy their job, will cause them to strive to get to that higher level. This will create a healthy competitive work environment, and all it would take would be a simple “thank you” or “job well
This knowledge means that they will use techniques in recruiting and selecting those adequate and qualified candidates for the required open positions that are available to be filled. Creating a work environment in which employees are productive is essential to increased profits for your organization, corporation or small business. One of the ways this is done is thru adequate training. Training is the process of giving the companies employees the knowledge and skills to complete the job or jobs they were hired for. Another way how an human resource department can make a pleasant environment for employees is through employee development.
It is important to support and encourage current employees to strive for higher goals. Showing that you the employee is cared for as is the business will help business grow because after all employees make the business world go round. Tuition reimbursement increases the value of the employee which in turn increases the value of the company. A business degree or communications degree offers a multitude of career choices ranging from salaries of over $100,000 per year to $30,000. Tuition reimbursement means increased morale, productivity, confidence, retention, profits, and less employee turnover.