HRM PLAN FOR WOOLWORTHS HRM GAP

TASK 2
HRM PLAN FOR WOOLWORTHS
HRM Gap HRM Plan Action Plan Commentary
1. Low
compensation
and
underpayment
of the
employees that
have given rise
to low
employee
morale and
low
productivity
among the
employees.
To incorporate certain
strategies to increase
the wage of the
employees. To start
the concept of
“reward system”
according to the
performance
standards and
yardsticks of every
employee separately
and individually. The
company must make a
solemn attempt to find
out ways by which the
employees are paid
and rewarded
according to their
The company must
appoint competent
compensation
consultants and
industrial
psychologists who
would research about
the management and
workplace dynamics
of the company and
formulate certain
compensation, bonus
and reward plans for
the employees (short
term and long term)
respectively.
The company must
provide
advertisements for
their needs regarding
consultants through
online and print
media. The company
should also focus on
maintaining a regular
scrutiny on employee
performance through
various technologies
and tools. The
company should make
a solemn attempt to
carry out the tasks of
performance
appraisals with the