Compensation and Benefits in PAC Resources Inc Research Paper

Compensation and Benefits in PAC Resources Inc - Research Paper Example The merit bonus system was implemented in the organization so as to enhance overall creativity and innovation. It can be stated that this system was a key driver in context of organizational productivity. Bonuses in PAC was considered equivalent to compensation given to employees (Gusdorf, 2011). Though it was a method to achieve better results but there is no such return observed on the investment made by the firm towards such bonus system. This system can be improved by reducing the bonus amount and making the entire system centered towards high level of performance. A reward system in any organization needs to be motivating as it is the only factor which can increase the level of performance of employees. There are various ways to make a reward system motivating such as designing a system which will not discriminate amongst employees and benefits will be provided to those who have set desired level of performance. The entire system can be divided into multiple components where not only top level performers will be rewarded but even those will be given rewards who have tried to achieve desired performance level. Along with this the entire approach should be focused towards giving appraisals as well as monetary rewards since both of them are highly motivating factors. In an organization where bonus system is a common factor and is implemented from many years, in such a scenario lot of conflict arises when such a system is discontinued. The first consequence is that employees start to lose their motivational level. This lack of enthusiasm has a great impact on overall productivity of the organization. Secondly, it even initiates negativity in the workplace as employees begin to feel that their pay is being cut by the management. This reduces the percentage of extra effort which was previously given by employees. Â  

Long term project of French spirit promotion in Germany Essay

Long term project of French spirit promotion in Germany - Essay Example Initially there has been a rumor that Ubi-France intended to purchase more number of shares towards acquisition of the German rival groups. The business situation was therefore tensed, and business relationship between France and Germany stained. Such rumors have been refuted by the officials from the Ubi-France, rather the officials have stressed over the need to secure market shares and achieve customer satisfaction. The company has adopted and implemented â€Å"the use of operational ideas and successful experiences from their operations in France†, and has integrated the after purchase services with the sales network, aimed at the establishment â€Å"of a comprehensive and high-efficiency sales-service network† (Warren, 2001). The German consumer market venture has recorded sales of more than twenty thousand units on monthly basis, which is forty percent greater than the previous solo performance of the company. Ubi-France has felt victim of the sociolinguistic challenges within German market. The multinational companies including Ubi-France have been accused for their involvement in such practices which generate â€Å"creativity-driven shock values, controversy and extreme individualism commonly accepted in the North American and Western European markets†. Ubi-France has experienced severe tribulations due to its â€Å"advertising language as culture-blind and bona fid†, and German market created great hurdle for the industry. It has been important for the company to implement congruence of the values, and avoid the existence of the cultural values in the organization in an implicit manner. It has been observed that the categorization of the organizational, departmental and employee values and behaviors on the basis of the cultural affinity has generated satisfaction among the employees, and has developed positive impact on their â€Å"commitment, absenteeism, turnover, mora le and