Managing Human Capital

MHC denomination MBA1 MANAGING HUMAN CAPITAL ASSIGNMENT MBA SEMESTER 1 CHRISTIAN NWAKAMMA NNAMDI L1097MPMP1010 1|Page MHC appellative MBA1 MHC ASSIGNMENT (MBA SEMESTER ONE) The case: IF EMPLOYEES UNDERVALUE THE COST OF BENEFITS, WHY SHOULD A COMPANY NOT DROP BENEFITS AND SIMPLY ADD more DIRECT COMPENSATION TABLE OF CONTENTS 1. 2. 3. 4. 5. 6. 7. 8. A hark OF FIGURES AND TABLES Introduction Literature Review Strategic Approach And depth psychology Conclusion Reference Bibliography Appendix page 3 5 13 22 23 26 28 2|Page MHC assignment MBA1 1.0 INTRODUCTION It took difficult years with no Christmas indemnityes because of the expansion of the business and low-down European sales. The newly appointed managing director of Gourmet Foods, Andrew chaff, has headstrong to pay a bonus to the workforce of 120 employees in post on 1st December and announced his purport to express his appreciation for the staffs contribution in this track at a meeting with employee representative in early November. Consequent to that, the pay slips to staff circulated the Friday before the Christmas break revealed that everyone had have an extra £100 in their pay packet.

Much to the MDs disappointment, his gestures was not received with the universal approval he had expected. most(prenominal) employees appeared to be disappointed with the amount they had received and Andrew Straw began to deficiency he had not bothered with the bonus at entirely but put the money to a more juicy use by investing in new publicity equipment. The story above raises the questions like to what extent does what we know almost motivational theory explain the staffs reaction to their Christmas bonus? What lessons can be learnt about rewarding performance from Andrew Straws unfortunate experience? What do you think Andrew Straw should do about a Christmas bonus next year? It is something worthy that individual employees are compensated in various slipway for their participation in and contribution to the... If you want to get a full essay, order it on our website: Orderessay

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