Problem Solution: Riordan Manufacturing

Essay specific features

 

Issue:

Social Issues

 

Written by:

Juan M

 

Date added:

September 24, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3838

 

Was viewed:

6623 times

 

Rating of current essay:

 
Essay content:

Instead of taking immediate action when the declining sales and turnover began, Riordan waited and allowed the attack of the market share, profits and turnover to occur. Recently, the annual employee survey revealed a dramatic decrease in job satisfaction, compensation and benefits. Many employees are currently being under paid by 15% the markets needs and compensation is tied towards seniority rather than performance based...
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Many employees are currently being under paid by 15% the markets needs and compensation is tied towards seniority rather than performance based. The current reward system is overwhelmingly perceived to be unfair by employees. Employee motivational theory reflects, “Employee perceptions are the critical elements in motivation” (Dreher & Dougherty, 2001)...
displayed 300 characters

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