Analysis of Present Reward Strategy and Compensation Analysis at Henderson Printing

Running head: MANAGEMENT
Business Communication
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1MANAGEMENT
Executive Summary:
The report provides an insight into present managerial style at Henderson Printing. The firm
found by George Henderson is located in Halifax and is a medium sized manufacturer of ledgers,
account books and different kinds of record books that most finds use in business. The owner of
the company firmly believes in producing higher quality products that has the ability of standing
up for many years of usage. Being a benevolent employer, George follows a democratic
managerial style. In this particular style, the manager reaches a decision with input from the
employees but holds the responsibility of making a final decision. This allows him to focus most
of the attention on ensuring the product quality and in dealing with countless problems that every
person consults with him on a day to day basis.

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Table of Contents
An Analysis of Present Reward Strategy through Identification of Pros and Cons........................3
Compensation Analysis of Current Reward Strategy......................................................................4
Compensation Analysis of New Reward Strategy...........................................................................4
Compensation Mix and Related Measures of Success....................................................................5
Goals for Reward and Compensation System.................................................................................6
Legislative Act.................................................................................................................................6
References:......................................................................................................................................7