We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Organization's Compensation and Benefit Plan - Research Paper Example

Comments (0) Cite this document
This essay stresses that Jamba Juice is one that is considered a big name in the food and beverage industry today. They are a company or a brand that offers healthy and fun food and beverages and that operates all over the world – the United States, South Korea, Philippines, Bahamas, and etc…
Download full paperFile format: .doc, available for editing
Polish This Essay94.7% of users find it useful
Organizations Compensation and Benefit Plan
Read TextPreview

Extract of sample
"Organization's Compensation and Benefit Plan"

Download file to see previous pages As the discussion stresses one of the factors that makes them successful at it would be providing their employees not only with the minimum wage, social security contributions for each employee, whether a non-exempt or exempt, and the FUTA or the Federal Unemployment Tax Act, which most companies adhere to as it is mandated by law; they also provide more opportunities for success for their employees such as the entrepreneurial opportunities for its protein-boosted managers. We all know that a lot of companies look at applicants in a bad light once their working record reveals a short-term service in their past workplaces because of their desire for career growth. However, the Jamba Incorporation has a different mindset on this one. For them, this is a good sign from an employee that has a lot of potentials to be an asset to a company, having the ability to possess utmost ownership in the business, which results in increased responsibility and loyalty. Thus, they provide entrepreneurial opportunities to their managers by giving them a percentage of the store’s cash flow for a bi-period, depending on how they run a certain branch’s business. Aside from that, they give credit to their general managers’ ability to increase their yearly sales by giving them money that accrues in a retention account which stretches over a three-year period.This paper highlights that once the manager has served the Jamba Incorporation for three years, the bonus is immediately paid to them. Another bonus their employees enjoy would be that when a general manager completes a three-year term and decides to sign another three additional years with an employee, he or she is given a three-week paid sabbatical which is not charged against their vacation leaves while general managers can look forward to $1,000 bonus if he or she is able to promote an assistant manager to general manager. All this is an application of the principle of providing “benefits in kind or bonuses,” which means that as an employee gets his or her monthly wage which is taxable, a company can practice a retention system by providing bonuses in cash such as these in exchange of a business they close for the company which is not taxable. This indeed has created a generation of employees that are motivated to do more and be at their best all the time. Another great compensation plan that Jamba awards its employees is that they provide all their managerial employees with stock options. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Organization's Compensation and Benefit Plan Research Paper”, n.d.)
Organization's Compensation and Benefit Plan Research Paper. Retrieved from https://studentshare.org/management/1462075-organization-s-compensation-and-benefit-plan
(Organization'S Compensation and Benefit Plan Research Paper)
Organization'S Compensation and Benefit Plan Research Paper. https://studentshare.org/management/1462075-organization-s-compensation-and-benefit-plan.
“Organization'S Compensation and Benefit Plan Research Paper”, n.d. https://studentshare.org/management/1462075-organization-s-compensation-and-benefit-plan.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Leadership: Setting the example
Leadership: Setting the Example. There exist many theories of leadership style that aim at explaining the concept of leadership (Asperas, et al, 2005). Most of the theories view leadership as grounded and based on the following perspectives; leadership as an ongoing process, leadership as a combination of different character traits of individual leaders or leadership skills.
12 Pages(3000 words)Research Paper
DBA Comprehenive Examination
Mergers and acquisitions are preferred by companies in an increasingly competitive environment to acquire economies of scale and critical mass. Mergers and acquisitions result in complete change in the way the business is running and there are no other events in any organization which can be more difficult and challenging.
44 Pages(11000 words)Research Paper
Some may face these hindrances head on and entail much risk of failure while others may take another path that would still lead to success. It takes an insightful leader of a cohesive team to sustain the development they have worked hard for. Much depends on him regarding major decisions such as upgrading the quality of services or products that the organization sells, purchasing the latest equipment or implement innovative strategies to crush the competition, hiring the right people to support the organizational mission and vision, maintain harmony within his team by providing them with the corresponding remuneration and benefits, establishing positive relationships with stakeholders and en
15 Pages(3750 words)Research Paper
Human Resource Management
A compensation plan is one of the most important aspects of human resource development because it plays a critical role in ensuring higher levels of workforce productivity. It is extremely important for a company to implement a well-structured compensation plan for its employees in order to succeed in today’s increasingly competitive environment.
4 Pages(1000 words)Research Paper
Outsourcing with pros and cons
Outsourcing has become one of the most important management activities in recent years (Bromage, 2000). Due to changing business environments organization needs to adopt measures to lead to better quality of services and greater flexibility in management.
12 Pages(3000 words)Research Paper
Compensation and Benefit System
Worker benefits and compensation are turning out to be more and more intricate and costly. Companies should cautiously think about both the business's financial needs and the workers' requirements when making compensation and benefits plans.
7 Pages(1750 words)Essay
Petro-Canada's Total Compensation Strategy and Program
Petro-Canada accounts for one of the leading integrated oil and gas companies. The project seeks to explore the total compensation programs and strategies formulated in this company. For this purpose it analyses the compensation structure and package of Applications Analyst I who belongs to the Department of Information Systems.
6 Pages(1500 words)Research Paper
Benefit Compensation Essays
Discretionary benefits are very helpful, because they give assistance to people who really need it. On the other hand, those who receive this help may be then considered to be poor and dependent on somebody’s decision. The controversy on the issue
5 Pages(1250 words)Essay
Petro-Canada's Total Compensation Strategy and Program
For this purpose it analyses the compensation structure and package of Applications Analyst I who belongs to the Department of Information Systems. However, the report analyses the above compensation structure before
6 Pages(1500 words)Research Paper
Compensation and Benefit Systems
Employs almost such a compensation that surpasses cash when thinking about whether your line of work provides them with security, constancy, and a sturdy future. A benefit and position system can help an organization appeal to and maintain employees. Compensation system does not have to be costly for the organization or surpass its budget.
5 Pages(1250 words)Research Paper
Let us find you another Research Paper on topic Organization's Compensation and Benefit Plan for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us