Improving Employee Termination Plans at Audi

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This assignment examines the effectiveness of Audi's employee termination plan, providing recommendations for improvement. It analyzes various aspects of the plan, including compensation, training, orientation, and the importance of a well-structured termination process. The report emphasizes the need for prompt pension disbursement, effective exit interviews to gather employee feedback, clear notice periods for both voluntary and involuntary terminations, and the overall impact these factors have on employee retention and the company's brand image.
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HUMAN RESOURCE
MANAGEMENT
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INTRODCTION
Human resource plan can be defined as the an organized evaluation of the human
resources for staff members of an organization. It assures the presence of employees with
requisite skills and knowledge at workplace. However, the human resource plan must carry the
objective behind the preparation of such plan. In order to gain better understanding of the
subject, Audi has been taken into consideration. The cited firm is one of the renowned
organization of automotive industry. The present report is going to include human resource plan
which further consist ofwill analyse the compensation plan, training plan and orientation plan of
the stated venture. Whereas, compensation plan is prepared with the motive to analyse the
components and purpose due to which an employee receives incentives, salaries and bonuses. In
addition to it, training plan depicts the whole structure of training through which the human
resource development needs of the company can be evaluated. The considered document is
prepared with the purpose to enlighten the human resource plan in order to attain organizational
motives (Drucker, 2014).
OBJECTIVES
The objective of preparing this plan is to bring improvement in the process of human
resource management process like by enhancing measures such as training and development,
termination reward management, orientation and recruitment. The purpose of this plan is to
improve training and development process at Audi. In addition to it, to reconstruction of exit
process for better human resource standards will . also be analysed in the evaluation in oredr to
attain effective and well developed business results. On other hand, this plan is prepared to
invest more on data base system in order to bring improvement in human resource practices in
the company. To remain successful the cited firm needs to set out new standards in rewards and
incentives scheme. With the adoption of this process, the firm will be able to improve its
operations and effective management can be done (Beckett and et.al., 2013).
SWOT ANALYSIS
Strengths
ï‚· Positive brand images of the company
Weaknesses
ï‚· The cost of maintenance and handling
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ï‚· Huge portfolio of the company with
availability of cars both in diesel and
petrol.
ï‚· Elegant looks of the cars with attractive
interiors and exteriors
ï‚· Large number of employees
approximately 50,000 around the
world.ï‚· Effective human resource policies of
the company.
is very high.
ï‚· The recruitment process of the
company is very slow or time
consuming.
Opportunities
ï‚· Expansion in automotive marketï‚· Its skilled and talented employees
Threats
ï‚· Hike in fuel costs
ï‚· Competitors like BMW, Volkswagen
and Mercedes Benz.
ï‚· Time consuming recruitment process
COMPENSATION PLAN
Compensation plan is a strategic plan which is formulated with a purpose of evaluating
all the components through which the compensation it is paid and for what motive the human
resource of the company gets bonus, salary and incentives. With the formulation of this plan, the
management of Audi will be able to determine the requisite amount to be paid to the staff on the
basis of their skills and qualities. This will result the cited company to compete in the market and
recruit the best candidate in the company. However, this plan has certain benefits which will
remain helpful for the cited organization. The same are stated below (Colbert, Barrick and
Bradley, 2014).
Attracting quality employees: The effective strategic compensation plan of the company will
remain be helpful toin attracting talented employees. If the management of Audi offers good
wages and salaries to the employees then the company demand to have expertise workers with
good knowledge and skills. By recruiting qualified workers, the firm will be able to improve its
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productivity and customer services interactions. As a result, the sated company will be able to
generate excellent revenue and can grow and expand effectively (Hahm, Jung and Moon, 2013).
Encouraging employee retention: In order to retain the employees, it is necessary to have a
strategic plan. It will provide assistance to the company to remain retain employees for long
period. In addition to it, an effective plan can stop the employees to jump to other
companies.result in effectively managing the attrition rate for the business. If the company offers
compensations as per the employee requirements and expectations then it will assist the company
to retain the qualified employees. This will encourage the new employees of the firm to make
commitment to create or build trustful relations towards the company.
Perks and Benefits: Attraction of skilled and talented employees can be affected due to the
perks and benefits provided by the company. Whereas, offering health benefits and other benefits
will help the company to attract the candidates in the firm. In addition to it, the employees will
retain for the long period (Lawler and Bilson, 2013).
COMPENSATION PLAN
Objectives Time frames Process/activities Responsible person
Introduction of health
policy
7months Drafting the policy
and finalising the
documentation
The head of
department
Education allowances 1 year Scholarships Higher authorities
Monetary benefits on
extra ordinary
performance
2 months Quarterly bonuses to
the talented
employees, employee
of the month
Head of departments
Injury/accident
benefits
4 months Monetary
compensation, in case
of serious injury job
offered to the family
member
company
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Drafting and finalising the policy: In order to prepare the compensation plan effectively, the
firm has introduced proposed a health policy through which the employees can get benefit if
they face anyfor future health issue. For the same, the management of cited firm needs to draft
the policy and finalise the documents in order to attain paper work. In addition to it, introduction
of this policy will help the employees to take appropriate medication of the disease (Porter-
O'Grady, 2014).
Education allowance: The management of Audi has offereoffersd education allowances to the
employees in order to uplift lifelong learning. The firm has providesd scholarship to the desiring
employees who wish to study with their job. This help the company to have in managing a
skilled and knowledgeable team of employees at workplace. Continuous learning will help the
employees to use their knowledge in their practices. In context to this, a sense of trust of the
employees will get enhanced towards the company (Lawler, and Bilson, 2013).
Quarterly bonuses and incentives: The companyCompany has formulated an effective
compensation plan in which they have included quarterly bonuses to the employees. The amount
of bonus will be is awarded on the basis of good performance which leads to increase in the
morale of the employees. In addition to it, this will also increase the competition among the
employees so that performance of an individual will is positively be enhanced. It also helps in
uplifting the motivation level of motivation of the subordinates which leads to hike the interest
in work. This factors can remain helpful for the organization to make effective plan (Vaccaro and
et.al., 2012).
Monetary compensation: In case of if any injury occurs at in the premises of Audi then the
employees are entitled for the monetary compensation. In addition to it, if any serious injury
occurs or a death of employee at workplace then the company will offer job to one of its family
member. Adoption of all the factors will help the company to form an effective compensation
plan. It will provide an assistance to the cited organization to hire skilled and talented employees
in the firm. It will result into achievement of organizational goals and objective of the cited firm
(Kelly, 2006).
TRAINING PLAN
Training plan is a document which includes all the activities that are going to implement
in order to develop the current knowledge and skills of the employees. However, this plan should
be flexible so that the goals and objectives can be met out. Preparation of this plan will help Audi
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to analyse the training needs of the employees. In context to it, the firm will also be able to plan
training sessions in order to fulfil those requirements. There are some advantages of training plan
which may remain useful for the management of Audi.
Increase in job satisfaction: An effective training plan can help the employees to raise their
morale towards their work and job. This plan will assist the staff to get requisite training which
leads to improve their work effectively. In addition to it, this will let the employee feels
integrated and motivated towards the operations of the company (Bush, 2003).
Reduced supervision: With the effective formulation and implementation of training plan will
assist the company to reduce supervision on for employees work. With the help of this plan, the
employees will be able tocan get sufficient training which leads to require less monitoring time
of the on work. It results into reduction of workload of the supervisors of the stated company.
Reduced turnover: An employee leaves a company due to some reasons where inability to
understand work can be one of them. Training plan will can assist the company to identify the
individual training needs of the employees. The company will take actions in order to offer
training to the subordinates. This will leaver up the confidence of the staff to attain company
operations in an effective manner (Cannella, 2009)
Increase in motivation level: It is seen that training brings a positive attitude in the employees
towards work. It assists an individual to learn the process of work efficaciously. In addition to it,
continuous improvement will bring betterment in the way of working of the employees of Audi.
Training Objectives Time frames Process/activities Responsible person
Communication 3 months Seminars and
conferences
Human resource
manager of Audi
Increase in knowledge
of trainers
2months Classes and sessions Expertise person who
offers training
Improvement in
database
1month Technical sessions Technical assistant
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To provide expertise
knowledge in order to
effective operations
1 month Meetings and training
sessions in the work
area.
Operational head of
the company
Seminars and conference: The management of cited organization needs to provide requisite
training in order to improve the communication level of the employees. With the adoption of this
process the employees will interact with each other which will expand their knowledge level. In
context to this, confidence level of the employees will also enhance with the help of conference.
In conferences the exchange of ideas and views is done between the speaker and listener which
leads to increase in knowledge level (Cattani, 2011).
Technical sessions: This session will help the employees to get technical assistance from the
expertise person in order to improve in database system. Training regarding data base system
will be required by all the employees. This will help the employees to get appropriate technical
knowledge.
Classes and sessions: Attending these classes will help the trainers of the cited organization to
bring improvement in their knowledge level. With the increase in ideas and thoughts of the
employees will use the same to attain the operations of the firm. It leads to achieve the goals and
objectives of the company effectively (Coleman, 2000).
Meeting and training session: In order to improve the operations of the company, the head of
the mentioned firm needs to conduct requisite meeting and training sessions. This will help the
staff to get an appropriate way to attain the operations of the company.
ORIENTATION PLAN
Employee orientation is a process used when a new employee joins an organization. This
process helps the candidate to get an overview of the company. In context to it, the role of the
employee can be identified with the help of employee orientation programme. It gives a clear
idea to an individual about his duties and responsibilities that are being performed by him. With
the help of effective orientation plan the cited organization will be able to increase its human
resource management. In addition to it, there are certain benefits of this plan which can be taken
by the company. They are stated below (Freeman, 2010).
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Covering basics: Orientation gives an opportunity to an employee to familiar with the
fundamentals of the organization. This helps an individual to learn about the job and position. It
will provide an assistance to the new employee to get an overview of the job details. In addition
to it, the paper work of the employee will also get completed with the help of this process. This
process can remain beneficial for the new employee in the cited organization to boost up his/her
confidence (Colbert, Barrick and Bradley, 2014).
Increase in productivity: Orientation programme can be useful for both the employees and the
company. A systematic orientation programme can result into reduction in turnover and
improvement in the company productivity. This process can help the employee to feel valued for
the new job in quick and easier manner Davies, 2003).
Promotes communication: This process helps in promoting communication between the
supervisors and the new employees. In this process, an effective discussion is done where it
clarifies the viewpoint of the two.
Employee retention: At the time of joining of new employee sometimes a situation arises when
the candidate may not able to understand the work. As a result, the employees leaves the job due
to lack of understanding of the operations. Here, orientation can remain helpful for the new
employees of Audi to get an appropriate idea about the job. This helps an employee to retain for
the long period. However, the company will be able to achieve its goals and objectives in
effective manner Davies, 2006).
Objectives Time frames Process/activities Responsible person
Improvement in
induction
2months This can be done with
the help of effective
induction process
HR manager of the
company
Communication 2 months Interaction between
the employees
Supervisors
Quality management
system
2 months With the help of
quality standards
(Beckett and et.al.,
Production head
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2013).
Improvement in induction process: Improvement in induction process can help the
management of cited organization to do well its operations. However, this process can be
initiated with the preparation of induction checklist where it includes introduction to team leader,
organizational charts and roles or responsibilities of the team. Further, the management needs to
make feel the employees comfortable in the company with the help of welcome card and
decoration. This will help the employee to feel special in the company. The company needs to
give job description contain his roles and responsibilities that are needed to be performed by him.
With the help of explained factors the management of Audi can improve its orientation plan
Kuusilehto-Awale, 2013).
Improvement in communication: It is one of the major factor that can affect the relation
between two people. Being a new employee the management needs to make appropriate
interaction so that the confidence of the new employee can get enhanced. Communication can be
improved with the help of conducting team meeting and interaction sessions with the head and
other department. It will help an employee to know and understand the organizational structure.
Quality standard: In order to implement quality management system, the firm needs to adopt
quality standards to check the quality of the products. This will help the company to offer quality
to the customers in their products. In addition to it, with the use of quality standards the
management will be able to analyse the loopholes of the products (Jones, 2010).
TERMINATION PLAN
Termination is a process where the serving period of job of an individual is completed.
However, it can be voluntary or non voluntary whereas, in voluntary termination the employee
takes resignation or retirement. Resignation can be taken due to new opportunities or due to
personal issues. On another side, retirement can be taken due to completion of serving period of
an organization. In contrary to it, termination can be involuntary which can be due to non
performance of job effectively where the employer gets fired the employee. In addition to it,
sometimes ethical issues can be a reason for a dismissal such as lying, falsifying information and
stealing (Drucker, 2014). In addition to it, this plan can be beneficial for the company in order to
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take feedback from the employees and the same corrective actions can be taken. This will help
the company to remain competitive at global level.
In case of voluntary termination employees need to give 3 month prior notice to the
company before leaving the job. This will help the company to find or search new employee at
the place of reliving employee. In terms of benefits, the employees gets pension at the time of
retirement. In addition to it, severance pay is also offers by the management in case of
termination. On another side, in case of dismissal the company needs to give warning letter or
notice prior to the termination. In this period the employee will get some time to find new job. In
terms of compensation, the cited organization needs to give dismissal compensation to the
employees (Beckett and et.al., 2013).
The management of Audi needs to improve its termination plan in order to do effective
exit of an employee.
Objectives Time frames Process/activities Responsible person
Pension 4 months At the time of
retirement
Finance department
Exit interview 2 months Effective procedure HR manager
Notice period 2 months Analysis of the
process
HR manager
Pension: At the time of retirement, the company needs to offer pension to the retiring employee.
It is the responsibility of the finance department of the company. However, it is the amount
saved form the income of an individual and the percentage added b the employer. In order to
improve termination plan, the firm needs to offer the amount of pension on time. This will help
the employees to remain financially stable after the completion of job (Colbert, Barrick and
Bradley, 2014).
Exit interview: The company needs to implement exit interview in the termination plan which
will assist the company to get feedback from the employees With the help of this the
management of the company will be able to take corrective measures in order to bring
improvements. However, the firm must improve this process so that it will help the employee to
express his views and ideas and experience in the cited organization. At the end of job, employee
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will be able to share his/ her views about the company so that the firm can take appropriate
measures.
Notice period: At the time of voluntary or non voluntary termination both the parities need to
give this notice. In case of retirement or resignation the employee need to provide notice period
to the employer. Whereas, in case of dismissal the employer needs to give the notice period to
the company. With the help of this, both the parties get appropriate time to find new job and
employee for the vacant post. In this period, the employee can take holidays until it is given by
the company (Cattani, 2011).
Adoption of these steps will help the company to make an appropriate termination plan.
This will help the company to attain the effective termination process where the employee
feedback is taken. This will result into decrease in employee turnover in the organization. In
addition to it, this will improve the brand image of Audi as the needs of employees are
considered. The employees of the firm will go out with a satisfied way as the organization is
taking care of its employees (Kimes, 2011).
CONCLUSION
In the present report certain plans are formulated such as compensation plan, training
plan, orientation plan and termination plan. With the adoption of these plans, the management of
Audi had improved its services in terms of employees. These plans have provided and assistance
to the firm to reduce the employee turnover ratio. This has helped the company to improve its
operations in an effective manner. In context to it, these plans have remained helpful for the
company to increase its productivity and profitability. With the help of termination plan, the
company remained successful in order to take exit interview. It has helped the firm to take
feedbacks from the employees. For the same corrective measures are effectively taken by the
cited organization. Adoption of these plans has assisted the company to remain competitive at
global level.
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