Domino - Domino's Pizza Compensation and Benefits HR599ON -...

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Domino's Pizza Compensation and Benefits HR599ON - Benefits Domino's Pizza Compensation and Benefits By: Thessia Carpenter HR599ON - Benefits Sec D Instructor: Frederick Perry Thessia Carpenter thessia_benson@hotmail.com , 404-510-9470 D02024793 Page 1 of 13
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HR582 - Managing Global Diversity Domino's Pizza is one of the world biggest companies of pizza production and delivery. The company was founded in the United States in 1960 by Tom Monaghan and his brother James. Since then Domino's Pizza Company has become one of the leading fast food delivery companies in the world: "We have been delivering quality, reasonably priced pizza to customers since 1960,” when they borrowed $900 and purchased a small pizza store in Ypsilanti, Michigan. Since that time, the Domino’s store count and geographic have grown significantly (Domino's Pizza). The current strategy employed at Domino’s Pizza will be perilously appraised within this paper and offer suitable recommendations for further development of the system and sources of compensation and benefit at Domino's Pizza (Whitney). The compensation and benefit systems of Domino's Pizza in the United States are closely connected with its techniques of international expansion. The most fundamental parts of the system are licensing and franchising: "We have developed a large, global, diversified, and committed franchise network that is a critical component of our system-wide success and our leading position in pizza delivery. As of March 21, 2004, our franchise store network consisted of 6,878 stores, 63% of which were located in the United States" (Domino's Pizza). The growth and benefit of Domino's Pizza is largely supplied by its franchising system development and royalty payments from numerous stores throughout the world. This system provides competitive compensation and apt benefits for the company: All the other Human Resource (HR) processes and systems, like competitive compensation, suitable benefits and providing a learning environment within the company. Whereas Domino’s has chosen the most appropriate methods to increase franchisee compensation and benefit In addition, Domino's Pizza has to support the brand image which provides different kinds of franchisee supporting programs. Training courses gives proper knowledge of Domino's Pizza purpose, rules, policies, and vision of Domino's Pizza business. Thessia Carpenter thessia_benson@hotmail.com , 404-510-9470 D02024793 Page 2 of 13
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HR582 - Managing Global Diversity One of the most important instances in Domino's Pizza international expansion is franchisees attraction as franchising and licensing system is the key-point method of Domino's Pizza international market entry and development. Domino's pizza uses other methods of international market expansion and development, such as company-owned stores, which is the most advantageous and the best way of compensation and benefit providing: "The principal sources of revenues from our international operations are royalty payments
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This note was uploaded on 07/16/2010 for the course HR 599 taught by Professor Unk during the Spring '10 term at DeVry Decatur.

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Domino - Domino's Pizza Compensation and Benefits HR599ON -...

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