Riordan Problem Solution

Problem Solution: Riordan Manufacturing University of Phoenix Riordan Manufacturing (Riordan) is a global plastics maker with annual earnings of $46 million, producing plastic beverage containers, tailor-made plastic p dodges, plastic fan parts, and seek and development, (Scenario, 2010). Declining sales and unparallel profits behave driven Riordan to experience a substitute in overall strategy in its sales, manufacturing and sales processes. Riordans managers have noticed that there is a filiation in team spirit and work ethic, causing an increasing employee turnover, and sullen morale. Riordans management is attempting to maneuver the growing dissatisfaction with employee development, benefits and pay scales, shown in report results, fearing dissatisfied employees leave alone find employment elsewhere. The annual employee travel along indicated that employees be dissatisfied with the current reward constitution as come up as benefits and overall satisfac tion. To analyze the issues in this survey, $50,000 has allocated by the alliance to hire an independent human resource (HR) advisor who presented a object to redesign Riordans compensation and reward system. one(a) proposal was to groom a salary survey to do current trade positioning and adjust the salaries of the companys positions ground on the results of the survey. Another proposal is an incentive system for sales and explore and development based on the companys change to adopt a customer-relationship management (CRM) system. A performance appraisal process was in like way proposed to be developed to ensure clearer alignment between worry strategy and performance rewards, (Scenario, 2010). Situation Analysis Issue and luck Identification There are challenges that must be down in order to accomplish the companys organizational goals, to include overcoming employee art dissatisfaction, which declined as part of Riordans restructuring process, and increasing e mployee retention. Riordan also needs to go! across the currently failing reward system into an legal system that aligns the organizations strategy with compensation and incentive packages. There are... If you deprivation to beat out a full essay, order it on our website: BestEssayCheap.com

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