Performance Management, Employee Retention, & Determining Pay Rates

Imagine that you have a 3-employee office/apartment management company. They have all asked for increases in base pay. Maureen, 42, is a part-time business contracts manager and secretary; she gets $2200 a month. Buzz, 28, oversees building maintenance and rentals for the 4-story family-owned business office directly above your office. He also manages nine apartment buildings within the area. He gets $4,750 a month. Margaret, 36, handles legal matters and has responsibility for resolving all escalated tenant complaints as well as evictions. She earns $6,400 a month. Respond to the following.

a. Outline a formal pay plan for your three employees using Dessler’s 5-step process. In Step 2, Job Evaluation, use the ranking method to evaluate compensable factors.

Don't use plagiarized sources. Get Your Custom Essay on
Performance Management, Employee Retention, & Determining Pay Rates
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

b. Describe the five (5) methods Dessler presents to perform a job evaluation, highlighting the advantages of each

 

 

 

 

 

 

Performance Management, Employee Retention, & Determining Pay Rates

Name of the student

 

 

 

 

 

 

Affiliation

Course

Instructor’s name

Submission date

 

Interviewing Candidates and Training Employees

Part A

Orientation is essential in an organization. It helps existing and newly hired workforce feel welcomed, understand organization cultures, MVGOs, learn and understand what is expected of them, including their duties, tasks, and responsibilities, and set a platform for the commencement of socialization process. On the other hand, training involves teaching employees the necessary skills required to perform their jobs (Dessler, 2013). After researching training and development in five companies, namely, McDonalds, Walmart, Google, Apple, and Amazon, all share many aspects in their new hire orientation processes. All focus on welcoming new employees, introducing them to the existing workforce, and communicate corporate standards as well as expectations. Apple Company has a distinctive clapping culture to welcome its new employees while Google Company matches new hires with other employees, which form some of the unique welcoming cultures noted.

All companies have diverse training methods and programs; for instance, Google integrates employee-to-employee training under the g2g program. At the same time, McDonalds uses three levels of training: computer-based, crew membership, and managers training levels, integrating on-the-job training methods and programs (FMC, MDP, TCC, and OCC). Apple and Amazon use similar training methods, all aiming at equipping new hires with adequate skills and knowledge on task accomplishment. Finally, Walmart uses a mixture of training methods and courses; however, what stands out is that new hires tour Walmart stores and learn shelf labeling directly with courses, mostly focusing on specific areas. It is impressive how these companies integrate diverse training and development courses that are all round to ensure that new employees are equipped all round. Most importantly, these companies have focused on both employee effectiveness and alignment with corporate cultures.

Part B

A compelling new employee training and development plan outlines specific objectives, topics to be covered, and delivery methods. Companies must develop practical new employee orientation and training plans to create a positive first impression, welcome, and reduce anxiety among the employees (Torrington, 2014). Below is a training program for newly hired employees, Regional Managers in an Oil Company.

 

Objectives Training required/Topics Training method Start date End date Effectiveness indicators
Can outline corporate MVGOs (Mission, Vision, Goals, and Objectives) including core values Induction program

–          Introduction to the company and team

–          Job title, work schedule, expected performance

–          Compensation and benefits

Instructor-led classroom training

Computer-based 

10/06/2020 10/06/2020 Outlines the core values of the company

Explains how they understand the corporate culture, mission, and vision

Can explain safety and health procedures when handling chemicals and machine Safety Induction

–          Corporate safety measures and security policies

–          High-risk training on equipment and chemical handling

–          First aid and fire responses

–          Incidence reporting

–          Safety and contingency plan

Interactive methods

Role-plays

Discussions

Demonstrations 

11/06/2020 11/06/2020 Reduced accidents in the offices

Increased safety and health awareness among employees

Effectively supervise, lead, and delegate tasks to junior employees Leadership and management

–          Leadership and management efficiency

–          Leadership roles and responsibilities

–           Understanding distinct delegation aspects

–          Team building techniques

Video training

Role plays

Demonstrations

Lectures 

12/06/2020 12/06/2020 Effective leadership and coordination

Improved performance in every region

Demonstrates effective listening and communication skills, supports change, and solves conflicts –          Problem-solving and resolution skills

–          Strategic leadership

–          Communication and listening skills

Interactive methods

Lectures

12/06/2020 12/06/2020 Improved interactions

Minimized conflicts among employees

Demonstrates ethical practices when handling employees and complaints –          Corporate Codes of Ethics and professionalism

–          Ethical leadership

Classroom lectures

Interactive methods

13/06/2020 13/06/2020 Increased CSR

 

References

Dessler, G. (2013). Human Resources Management,13TH Edition. New York: Pearson Education Inc.

Torrington, D. L. (2014). Human Resource Management. New York: Pearson.

 

 

Homework Sharks
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.