Buy custom Gap Analysis: Riordan Manufacturing
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
8 / 1984 |
Essay's paper body
Motivation is low, and employees do not feel they have sufficient opportunities for development or promotion. These issues have culminated to the point that many employees are actively looking for opportunities outside of Riordan (University of Phoenix, 2007).
Opportunity Identification
Riordan has several opportunities it should pursue which include but are not limited to offering its employees opportunities for personal training and professional development, recognize quality work and the employees who perform above expectations, create a performance management system that would reward employees by performance as opposed to time and grade...
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The elements of a total rewards program be both monetary and non-monetary, and are intended to reward employees' time, talents, and efforts to help achieve business results, for example; Riordan should begin to promote internally with appropriate waged rather than externally and employ "various forms of profit sharing, stock options, and bonuses to tie individual rewards to organizational performance" (Dreher and Dougherty, 2001, p 187)...
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