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Compensation strategy - Essay Example

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The company operates in around 120 countries around the world with around 34,000 restaurants worldwide. This requires the company to hire a large pool of human resource in order to maintain and…
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Compensation strategy
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Compensation strategy

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McDonalds, in its values, regards its employees as an important part of the system. They state that they are committed to their people and ‘provide opportunity, nurture talent, develop leaders and reward achievement’ (Mission and Values, 2013).
A typical McDonald’s restaurant has 8 levels of hierarchy. These are shown in Figure 1. In each restaurant, McDonalds usually employs 60 individuals. These mainly consist of the crew members who occupy the lowest rung of the organizational hierarchy. The job of the crew members is clear cut without them having to take any decisions. They have to prepare the food the standard way, serve the customers and maintain an efficient work and service flow within the restaurant.
Above the crew members are the training crew, floor managers, shift running floor managers, trainee managers and assistant mangers. Like the job of the crew members, the job of these employees is also quite standard. Each day, they have to follow the same steps without them having to take any decisions or choices in their roles.
The managers are the controlling head of the restaurant. They are responsible for running the daily operations within the restaurant and have to handle and monitor the rest of the employees. These managers are responsible for sales of the restaurant and for providing training to the employees placed below them.
McDonald’s in UAE, similar to McDonalds is every other country hires on the basis on equal opportunity. McDonalds has a strong commitment towards diversity and inclusion. It therefore disregards any difference of color, race, religion, age or gender when employing or paying its workers. The average salary of an employee within McDonald’s varies from region to region. In most countries, employees are paid on hourly basis. However, in UAE, hourly pay is not common and employees are paid ...Download file to see next pagesRead More
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