Rwt 1 Essay examples - 3986 Words

Business Research Report Improving Productivity by Instituting a Compensation Plan Presented to: ABC Manufacturing, Human Resource Department Assessment Code: RWT1 Student Name: Student ID: Date: January 24, 2013 Mentor Name: Table of Contents Executive Summary 3 Introduction 5 Research Findings 5 Performance-Based 6 Profit Sharing 7 Gainsharing 8 Recommendations 10 Conclusion 10 References 12 Executive Summary ABC Manufacturing Co., Inc. is a small company with 120 full time employees. We produce aluminum doors and windows. Although we are highly successful, we find that it can be difficult to retain our valued employees. Human resources has decided to evaluate several compensation plans and†¦show more content†¦Research Findings Dave Ramsey has been known to say (2011), â€Å"What an organization spends money on is what they value† (p. 275). He also goes on to state that if you feel that your employees are a valuable part of the company, you need to pay them as if they are (Ramsey, 2011, p. 275). When an employee feels appreciated, they will have a longer, more productive career with the company. According to Ross Blake (2006), it is estimated that it can cost a company anywhere from 50% to 150% of an employee’s annual salary to replace them. If an employee makes $40,000 annually, it is estimated that it will cost $20,000-$60,000 to replace that employee. These amounts include recruiting, interviewing, orientation, training and loss of expertise (Blake, 2006). So what methods can we use to retain our valuable employees? It is believed that compensation plans are a legitimate way to express appreciation in employee’s productivity and efforts and an excellent way to retain employment. Some of the main reasons to institute a compensation plan are (Vivekanand, p.2): Ø Increased employee morale and motivation Ø Improved employee performance Ø Increased employee productivity Ø Enhance employee efficiency Ø Reduction in employee turnover Ø Increased company commitment So what must one do to create a successful compensation and performance plan? There seem to be four areas that need to be present no matter what plan you chose. One of the first stepsShow MoreRelatedBusiness Research - Rwt-1 Essay3349 Words   |  14 Pagesbenefits of entering the online sales arena in today’s retail market. October 2012 Assessment Code: RWT1 Date: October 21, 2012 Table of Contents Cover page†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.1 Table of contents†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.2 Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦3 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.4 Advantages and Disadvantages†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5-6 Potential for Impact...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreAcct 358 Tut800 Words   |  4 Pages------------------------------------------------- Tutorial for Week Beginning 11 March 2013 ------------------------------------------------- Tutorial: Company Taxation: Imputation, RWT/NRWT (continued) Dividend Imputation 1. SpannerWorks Limited is a closely held private company incorporated on 1 April 2001. Its share capital comprises $40,000 $1 ordinary shares fully paid and 10,000 15% preference shares fully paid to $1.00. SpannerWorks Limited has provided you with a list of the following tax transactionsRead MoreMaximal Oxygen Uptake And Vo2max Is The Highest Rate At Which The Oxygen1595 Words   |  7 PagesAt the final minute the expired air sample was collected using Douglas air bags and the oxygen uptake and carbon dioxide excretion were analysed with the 1440 Gas Analyser (Servomex, UK). Indirect measurement of Vo2max estimated from Work rate (Test 1): For the estimation of Vo2max from work rate participants performed a submaximal 4-stage test using the same cycle ergometer as above. Initially, the work rate was 30 Watts and the load increase depended on the heart rate at the end of each stage. TheRead MoreRisk and Return on Real Estate Investing13140 Words   |  53 Pagesfor the effects of world-wide systematic risk, an orthogonalized country-specific factor is highly significant. This suggests that real estate securities may provide international diversification opportunities. 1 Commercial Real Estate Return Performance: A Cross-Country Analysis 1. Introduction A global real estate securities market has slowly developed over the last two decades. At year-end 1999, the market value of publicly traded real estate companies was approaching $400 billion. ThisRead MoreLeveraging Computer Technology for Literacy Instruction in the Classroom2385 Words   |  10 Pagesevaluate programs such as the Headsprout Reading Program in order to help bridge the gap for at-risk and exceptional learners so that academic achievement can be a reality as they continue their formal education. Waterford Early Reading Program Level 1 As the use of technology in education was emerging in the mid-1970’s, the educational non-profit research group, The Waterford Institute, created the first instantiation of the Waterford Early Reading Program (Tracey, Young, 2007). In contrast toRead MoreMirna Profile Of Cancer Essay1062 Words   |  5 PagesIn order to†¦Ã¢â‚¬ ¦... The U2932 and SUDHL5 () were used as a model for ABC-DLBCL and GCB-DLBCL, respectively. Also, in this study the EBV infected counterparts of cell lines were used. The questions that are addressed in this project, were as follows: 1. Determination of differentially expressed miRNA in DLBCLs cell lines, in comparison with their EBV infected counterparts. 2. Assessment of various expressed miRNA, in Ago2-IP in DLBCLs cell lines in comparison to EBV infected counterparts. 3. EvaluationRead MoreDefense Attorney Johnnie Simpson Murder Trial1727 Words   |  7 Pageswith the case that they are presenting. Attorneys must use hand gestures and movements to highlight and accentuate their arguments. Attorneys also need to speak confidently and clearly so their points are clearly communicated to the judge and jury (RWT). Getting the proper education is one of the most important requirements in becoming a defense attorney. The first step to becoming a defense attorney is acquiring a four year bachelor s degree. A bachelor’s degree can be acquired by completing fourRead MoreThe Field Of Information Retrieval And Web Analysis2032 Words   |  9 Pagesstrategies by various supervised learning algorithms has been evaluated. Review data is collected for various product domains from micro blogging sites like twitter, face book. Keywords Opinions, Web mining, Sentiment Analysis, Supervised Learning, Mining. 1. INTRODUCTION In recent years, we have witnessed that a huge amount of opinionated text is available which have greatly influenced our social and political systems. Twitter messages posted online is about 250 millions per day which forces the organizationsRead MoreCardio Myopathies Are A Group Of Diseases1614 Words   |  7 Pagesresult of a variety of mutations in the genes encoding sarcomeric proteins (Maron, 2002); the commonest being mutations in the B-myosin heavy chain and myosin-binding protein C though over 400 mutations are now recognized (Kumar and Clarke). Figure 1: The locations of genes within the cardiac sarcomere that are known to lead to HCM (Maron and Maron, 2013). â€Å"Other mutations include troponin T and I, regulatory and essential myosin light chains, titin, a-tropomyosin, a-actin, a-myosin heavy chainRead More Behavioral Assessment of Mild Traumatic Brain Injury (mTBI) Essay2008 Words   |  9 Pagesneuropsychological and psychiatric tests. 1. German Version of the Auditory Verbal Learning Test (AVLT; Rey, 1964; Helmstaedter et al. 1996 as cited by Konrad et al 2010). 2. German Version of Tests for Attentional Performance (TAP; Zimmermann Fimm, 1992 as cited by Konrad et al 2010). 3. Trail Making Test Parts A and B (TMT-A and TMT-B; Reitan, 1958; Spreen Strauss, 1998 as cited by Konrad et al 2010). 4. A test of word fluency, Regensburger Wortflà ¼ssigkeits-Test, (RWT; Aschenbrenner et al. 2000 as