Scoring System Project

Scoring System Project - G roup Members: Priya Patel, Kevin...

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Group Members: Priya Patel, Kevin Wong, Amy Patel Role: Local 190 Officer Issues listed from highest to least importance: 1. Location of New Plant to be kept in Deloitte. – 30 points (if location is in Deloitte) 10 points (if location is close to Deloitte, within 20 miles) 0 points (if location is more than 20 miles away from Deloitte) 2. Current employees will be guaranteed jobs in the new plant -25 points (if 100% of employees are guaranteed jobs) 18 points (if 75% to 100% of employees are guaranteed jobs) 10 points (if 50% to 75% of employees are guaranteed jobs) 5 points (25% to 50% of employees are guaranteed jobs) 0 points (if less than 25% of employees are guaranteed jobs) 3. Worker autonomy -20 points (if strong group incentive is in place) 10 points (if management wants more authority & eliminates group incentive program but bases bonuses off performance rather than company’s profit) 0 points (if management eliminates group incentive plan and performance bonuses) 4. Escalator Clause – 15 points (if escalator clause is kept intact every year of employment) 8 points (if escalator clause is kept intact every two years of employment) 0 points (If there is no escalator clause) 5. Wages and benefits: average paid by three major competitors, industry standards -10 points (if wages and benefits are more than the standard industry average) 6 points (if wages and benefits are the same as the standard industry average) 0 points (if wages and benefits are not standard industry average)
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Ideal Package: 82 points Target Points: 82 points 1. Location of New Plant to be kept in Deloitte (30 points) 2. 75% to 100% of current employees to have guaranteed jobs in the new plants (18 points) 3. Strong group incentive program is in place (20 points) 4. Escalator Clause is kept intact every two years of employment (8 points) 5. If wages and benefits are kept the same as the standard industry average (6 points) Alternative Packages: The following formula can be used to develop all possible acceptable solutions: Let L = location (30, 10, 0); J = guaranteed jobs (25, 18, 10, 5, 0); I = incentive program (20, 10, 0); E = escalator clause (15, 8, 0); W = wages and benefits (10, 6, 0)
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This note was uploaded on 04/29/2011 for the course ECON 101 taught by Professor Gottlieb during the Spring '08 term at Rutgers.

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Scoring System Project - G roup Members: Priya Patel, Kevin...

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