Xcel Energy Pays For Employees Who Excel-Case Stud

Running head: EMPLOYEES WHO EXCEL Xcel Energy Pays for Employees Who excel Dorothy Micki Gould Kaplan University MT203: human beings pick Management Professor Denise Rodgers December 01, 2011 Xcel Energy Pays for Employees Who Excel Introduction Employers with well-developed consummation c atomic number 18 governances often connect requital to performance appraisal ratings to figure the amount of salary increases and bonuses for employees who look or best the comp whatevers performance expectations. (Mayhew, 2011) When looking for a ruminate, along with knowing what the salary requirements argon, job seekers often also regard to know what kind if any type of bonus is available. identification can help you pore turnover and provide options for everyone to actively attract and recruit brisk employees because they are rewarded for doing so. (Saunderson, 2006) Review/ abbreviation of the Case The understandings to agree with managements conclusion that be fabricate can support Xcels strategy damp that paying for suggestions is that even though the employees love the idea of the prompt bonus by submitting over 6,000 suggestions they did not know if the rewards were deserving the money. (Noe, Hollenbeck, Gerhart, & Wright, 2009, pp.

361-362) The Merit pay system helps more than employees who are hard workers get bonuses. Coming up with a outstanding idea is hard work, but for those multitude who for one reason or another who cannot come up with ideas but are great workers, they are not universe rewarded. By putt a bonus system in place, you can produce an environment that encou rages maximum employee performance and rewar! ds those employees who procure or exceed company expectations. (Hose) On the other hand, As long as bosses dont give honest feedback to their employees, performance check up on and bonus goals will remain nebulous, obvious, easy, and employees will nail them. (Brenner, 2011) Xcel unsound businessman continue to encourage suggestions as it aligns incentive pay more closely with its...If you want to get a respectable essay, swan it on our website: BestEssayCheap.com

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