Compensation plan Assignment Sample
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Added on 2021-06-15
Compensation plan Assignment Sample
Added on 2021-06-15
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Running head: COMPENSATION PLANCompensation planName of the studentName of the universityAuthor note
COMPENSATION PLAN1Compensation plan:Introduction:The compensation plan plays an important role in aligning the behaviour of theemployee with the objectives of the business. The business management had four majorpillars. They are man, material, material and money. These factors are the contributingfactors of the business. Man is considered to be the most important among all these.Therefore it is the responsibility of the company to take care of their employees and designother forms to motivate them. Compensation plan includes all forms of pay and rewards thatare given to the employees for their performance. This might include all forms of benefits,perks, services and cash rewards. It is the paramount to acknowledge and announce the totalcompensation to the employees. Corporate strategic compensation objective:The objective of the corporate strategic plan is to develop the recruitment and theselection process. It is designed to increase the level of retention of the employees in WaltDisney. The organization have a huge manpower. The compensation plan includes thepayment facilities, the health-care benefits and other benefits. The justification for this is toincrease the moral of the employee. This is intended to motivation of the employees. Themajor aim of designing the compensation plan is to increase the loyalty of the employeestowards the organization. The aim of the compensation plan is to motivate the employees inorder to give a high production. The employees gets happy when they receive a desirablecompensation package. With an appropriate pay system the employees finds a security forworking in the company. The employees who are happy are willing to deliver more hardwork to attain the goals and the objectives of the company. The motivated employees canalso save money of the company indirectly. The company with a good compensation package
COMPENSATION PLAN2find fewer disability claims as well. The compensation plan is an important part of the overallstrategic HRM plan. It has been found that the employees who have received an unbiasedcompensation package have shown their interest to provide a better customer service that canresult in the growth and development of the organization. This is the way in which it connectswith the objectives of the corporate strategic compensation (Chatterjee, Narayanan & Malek,2016). Job posting: House keepingJob description: At corporate one will team with the best to build one of the most innovativeglobal businesses in any industry. The thinkers of Walt Disney constantly pursue new ideasand new technologies in order to help the business drive value of the company. In this contextthe job of house-keeping can be analysed that contributes to the development of the company.The job of the house keeping includes various activities like cleaning the rooms of the guests,stripping and making the beds ready. It further includes cleaning the rooms with the use ofthe vacuum cleaners, dusting and availing new supplies of the items that include linen,amenities and other supplies that the guests prefer. The housekeeping staffs are expected tomake the customers feel like home. It is the responsibilities of the house keeping to make thestay of the guests memorable and make it worth visiting again. The guests prefer the visit thatis free from all kinds of illness that is caused by low levels of hygiene. The guests looks forthe cleanliness at the cleanliness at the hotels (Colner & Ryan, 2017). The additional roles might include the interaction with the guests. This would includeattending the guests whenever they would request for something. This would also includegathering the feedback from the guests. The additional roles fulfil the objective of not lettingthe guests to get lost in the hotels while their stay. The aim of this is to provide all kinds ofknowledge to their guests about the facilities that the hotel offers. The roles aim at providing
COMPENSATION PLAN3all kinds of facilities that the hotel offers. The mission of the additional role is give a quickresponse to the customers (Xi & Ting, 2015). Job posting: ChefJob description: Walt Disney intends to build a strong team of chefs. The company intendsto position itself as the leading global businesses. It wants to position itself in the uniquecentre of exiting, multi-faced company. In this job role the responsibility of the chef is tounderstand the taste of the customers and they have a build a good reputation of their food inthe market. There are many food industries that have delicious cuisines. The chefs should beable to cook all types of foods and they should have the knowledge of all types of cuisines.The guests come to the restaurant to have the foods that they never have tasted. Maintainingthe quality of the food is another important job role. This is a mandatory factor of the jobrole. The hygiene of the food should be maintained in order to offer the best service. Thecustomers look for the food that is healthy for them and that is away from germs. In order tofulfil this the chefs should wear the head guard on their heads and gloves to while preparingthe food. This will enable them to keep all the germs away from the foods (Keon, 2015). The additionally job roles might include making the food live in front of thecustomers. There are live counters where the food is made according to the choices of thecustomers. This is an attractive feature that many contemporary restaurants have. Theultimate aim of this is to present a customised option to the customers. The customers wouldget the opportunity to get the option of food outside the food menu. The objective of theadditional job role is to offer a quick service to the customers. The guests are unwilling to sitfor a longer time in order to get their food ready. The chefs must deliver the food within thetime they promise to their clients (Dolan et al., 2017).
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