Saturday, May 4, 2019

Case study on Performance Management and Rewards Essay

Case strike on Performance Management and Rewards - Essay ExampleThere are certain key issues which ask consideration, and in this case, the type of issues varies considerably with regards to the different type of arrangings operating in the same sector.FSC faces an employee turnover rove of 16%, which is roughly equal to the general turnover rate in the industry, this portrays style for improvement, and if the human choice management is properly handled, this rate could be reduced, like BSFC. A major issue for FSC is employee recruitment procedure, it focuses to a greater extent on external recruitment which has significant consequences attached to it, though new and fresh minds entering the organization would mean more ideas, it would also simultaneously gestate negative impact on the existing workforce, who have been in the business for long and shown their loyalty, while at the same time, an outsider would be recruited from outside to receive a higher vacant position. Wit h regards to BSFC, employee turnover is not a major issue since it is relatively depress than the industry level, and hence depicts their competitive strength in attracting employees, in addition they recruit workers internally, which proposes greater promotional opportunities for existing employees, however they should focus on retaining employees who enter the business anew, and the reward system should also trail into account their preferences to ensure that they remain loyal to the firm. The discrimination at the effect in BSFC would have a negative impact on the lower levels, where the women and foreign nationals mostly clustered, leaving no promotional room for them, it should hence develop a more cultural diversity conducive approach, instead of the white anthropoid dominance in the organization.

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