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Problem Solution: Riordan Manufacturing
Essay specific features


Written by:
Juan M
Date added:
September 24, 2013
Level:
University
Grade:
A
No of pages / words:
14 / 3838
Was viewed:
6689 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...
displayed 300 characters
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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)...
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