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Working Environment and Compensation Packages - Assignment Example

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The paper "Working Environment and Compensation Packages" states that Marilyn must increase the basic pay rate for its senior employees because the employees’ levels of motivation are lowering and they feel frustrated when they see that their seniority and high customer service are not recognized…
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Working Environment and Compensation Packages
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Extract of sample "Working Environment and Compensation Packages"

Marilyn must realize that monetary as well as non-monetary benefits are very important in boosting employees’ loyalty and satisfaction levels. The senior employees of the company must be given respect by the other employees and their experience must be appreciated. 

Marilyn must use performance-based compensation plans for its employees. Those employees who provide high customer service on the basis of their skills and experience must have a higher pay scale. Marilyn could also consider giving away bonuses or commissions to the employees with more sales. As mentioned, nonmonetary benefits could also improve employees’ satisfaction levels. Marilyn could also announce the salesman of the month award for the employee who makes higher sales and satisfies his customers. This initiative will not only satisfy the longstanding employees but also create an environment of competition and motivation within the company.

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