Riordan Problem Solution

Problem Solution: Riordan Manufacturing University of Phoenix Riordan Manufacturing (Riordan) is a global plastics producer with annual earnings of $46 million, producing plastic beverage containers, tradition plastic p artistic productions, plastic fan parts, and seek and development, (Scenario, 2010). Declining sales and leftover profits nominate driven Riordan to experience a alteration in overall strategy in its sales, manufacturing and sales processes. Riordans managers have noticed that there is a filiation in morale and work ethic, causing an increasing employee turnover, and sullen morale. Riordans management is attempting to wrap up the growing dissatisfaction with employee development, benefits and pay scales, shown in report results, fearing dissatisfied employees give find employment elsewhere. The annual employee travel along indicated that employees are dissatisfied with the current reward constitution as substantially as benefits and overall satisfaction. To analyze the issues in this survey, $50,000 has allocated by the conjunction to hire an independent human resource (HR) advisor who presented a proposition to redesign Riordans compensation and reward system. one(a) proposal was to fasten a salary survey to do current food market positioning and adjust the salaries of the companys positions establish 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 sort proposed to be developed to ensure clearer alignment between fuss strategy and performance rewards, (Scenario, 2010). Situation Analysis Issue and chance Identification There are challenges that must be suppress in order to accomplish the companys organizational goals, to include overcoming employee art dissatisfaction, which declined as part of Riordans restru cturing process, and increasing employee ret! ention. Riordan also needs to go across the currently failing reward system into an efficacious system that aligns the organizations strategy with compensation and incentive packages. There are... If you ask to beat out a full essay, order it on our website: BestEssayCheap.com

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