Management Plan Robert Greene MGT/311 Organizational Development September 16, 2013 Sylvia Ramirez-Cahan Management Plan Employees are at the heart of a successful company. Employees can bring a company from bankruptcy and low profitability to a successful and profitable organization. Therefore, the most important asset to any company is its employees. A company cannot last long in a competitive market without a skilled and well managed work force. Due to the tremdous leaps in technology, company’s market bases have grown from domestic to international as well.
Keep the whistle included but add a separate replacement Any solution that we choose should consider the highest customer satisfaction and thus provide our customers with the care, consideration, and ultimately value that they have come to rely on our company to provide. It should consider our business and shareholders and minimize the total cost to the company. I will talk about each option separately before my final recommendation. To remake the toy that has failed standards and repackage the whole collection, would provide our customer with what they ordered and keep intact the current relationship. On the down side, it is a significant enterprise and would cost a great amount of labor and time.
Tuition Reimbursement XCOM/285 February 20, 2011 Glenda Powell Tuition Reimbursement After a successful and profitable year, Donnie Company [Donco] issued a task for the Human Resource Department [HR], specifically employee benefits section to analyze the cost and effect of increasing tuition benefits to all employees. Donco is trying to see whether the cost to the company for providing tuition assistance will prove a beneficial decision or a waste of company dollars. The most interesting questions to answer are whether furthering one’s education provides the company with a more valuable employee, in addition to increased loyalty and production. A company can always issue a raise as incentive, yet a raise alone may not actually increase
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.
Each individual makes up a team and that’s what brands our company. At Interclean and EnviroTech, we strive to compensate all of our employees with the best benefits and salary plans probable. The compensation plan by InterClean and EnviroTech would include a combination plan of base salary plus commission from the work produced. Once the employees reach the objective goal, they will have the option to qualify for additional perks ranging from increased salary, pay bonuses, and “Sani Bucks”. Salary and pay bonuses are self -exclamatory, while “Sani Bucks” need explanation.
I also ensure that every employee has a copy of the pay scale and requirements for increased levels of pay. This has proved to be a fair pay scale and competitive with other institutions. Do job applicants or employees ever negotiate for pay? Because of the medical industry being so competitive we do have applicants that want to negotiate pay. We try not to engage in pay negotiations, due to the fact that most are satisfied with the opportunity to gain 5% increases in their yearly salaries by accumulating years of experience and satisfactory performance within their fields of employment.
( www.SMU sample compensation plan). InterClean highly feels that the compensation listed above will motivate you in doing well in your sales and motivate you to continue to work for InterClean. The three main rewards package that will motivate you to reach peak performance are: 1. Group benefits such as health benefits and life insurance 2. Annual Base salary increase 3.
The government has recently implemented an incentive for quality improvement by rewarding those facilities financially that have improved quality performance. Lastly, here is the most staggering statistic of all. If 90% of hospitals would adopt an EMR, the potential net efficiency and safety savings, without a physician order entry system could top $371 billion. It seems the answer is obvious, dollars do make sense. References Hillestad, R., Bigelow, J., Bower, A., Girosi, F., Meili, R., Scoville, R., & Taylor, R. (2005).
One of the ways I feel I can be of the most benefit is using my project management skills to help our fund raising efforts to be more efficient. With the use of a quality risk management plan we can provide a successful quality project and a successful project will raise maximum dollars. REFERENCES Cooper, D. F., Grey, S., Raymond, G., & Walker, P. (2005). Project risk management guidelines: managing risk in large projects and complex procurements. West Sussex, England: John Wiley & Sons Ltd. Family Promise, S. (2013, March 16).
Target market: I am targeting SFX students aged between 16-19.Their expectations for the jumper are to be warm and of good-quality and my product meet the expectations because it is exactly what they want. Price Price meaning the amount a customer pays for an item. Penetration Pricing – Is when the business set a low price in order to increase their sales & market share, once this has happened they increase their price. Competition Pricing – This is settling a price that contrasts with your competitors. Skimming Pricing – The business initially starts with a higher price and eventually decreases to a lower price.