BUS-FPX3011GammonsGarrettAssessment 3Attempt 1

.pptx
School
Wake Forest University **We aren't endorsed by this school
Course
BUS BUS-271
Subject
Business
Date
Jul 19, 2023
Pages
7
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GARRETT GAMMONS CAPELLA UNIVERSITY BUS3011 Improved Business Plan (Audio Narration is on the Bottom Right)
Problems and their Sources T H E R E S E E M S T O B E I S S U E S W I T H E M P L O Y E E R E T E N T I O N R E L A T I N G S P E C I F I C A L L Y T O P R E S E N T B U S I N E S S C O M P E N S A T I O N A N D W O R K- R E L A T E D S T A N D A R D S . E X I S T I N G E M P L O Y E E S H A V E L E F T T H E C O M P A N Y I N E X C H A N G E F O R A L I G H T E R W O R K L O A D W I T H E X P E C T A T I O N S F O R H I G H E R C O M P E N S A T I O N F O R T H E I R W O R K D U T I E S . I F N O A C T I O N I S T A K E N , T H I S T R E N D M A Y C O N T I N U E . T H E R E A L S O S E E M S T O B E I S S U E S W I T H A C Q U I R I N G N E W H I R E S A S W E L L , W I T H T W O P R E V I O U S C A N D I D A T E S R E C O M M E N D I N G I N C R E A S E D B E N E F I T S A N D C O M P E N S A T I O N F O R T H E I R S E R V I C E S . A S M E N T I O N E D P R E V I O U S L Y, I F A C T I O N I S N O T T A K E N , T H I S T R E N D W O U L D A L S O C O N T I N U E . I T S E E M S T H A T T H E I S S U E S T E M S F R O M T H E F A C T T H A T T H E C O M P A N Y I S N O T O F F E R I N G S U F F I C I E N T C O M P E N S A T I O N F O R T H E R E Q U I R E D W O R K L O A D C O M PA R E D T O O T H E R B U S I N E S S E S I N T H E S A M E F I E L D . A N O T H E R S E C O N D A R Y I S S U E R E L A T E S T O O V E R A L L W O R K L O A D D I S T R I B U T I O N . T H E P R E V I O U S I S S U E S S U G G E S T T H A T T H E C O M PA N Y I S D I S O R G A N I Z E D I N T H I S A R E A , W H I C H M A Y B E T H E R O O T C A U S E O F T H E I S S U E S W I T H E M P L O Y E E R E T E N T I O N .
Concerning Employee Retention I T S E E M S T H AT E X I S T I N G S TA F F A R E C U R R E N T LY D I S S AT I S F I E D W I T H T H E I R C U R R E N T WA G E S, G I V E N T H E FA C T T H AT T W O P R E V I O U S E M P L O Y E E S L E F T T O O T H E R C O M PA N I E S F O R H I G H E R PAY, N O T I N G M A I N LY T H AT T H I S C O M PA N Y D I D N O T C O M P E N S AT E T H E M A P P R O P R I AT E LY. G I V E N T H E FA C T T H AT T H E C O M PA N Y H A S H A D S I M I L A R I S S U E S W I T H H I R I N G N E W E M P L O Y E E S, B E I N G C O N C E R N E D B A S E D O N L O W PAY, I T S U N L I K E LY T H AT T H I S I S U N C O R R E L AT E D W I T H G E N E R A L PAY R AT E S. F U R T H E R R E S E A R C H M AY B E R E Q U I R E D T O F U L LY C O N F I R M E X I S T I N G S U S P I C I O N S, A S I T I S A P O S S I B I L I T Y T H AT T H E S E E M P L O Y E E S C O U L D H AV E B E E N E X H I B I T I N G S O M E B I A S. I F T H I S T R E N D C O N T I N U E S, H O W E V E R , T H I S M AY B E T H E O N LY C O N F I R M AT I O N N E E D E D.
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