Amanda - decide whether or not the newly proposed planned...

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2. How much will employees lose by the change? 4. How will it affect the employees? 6. How will it affect the community? 7. Should international employees be subject to the same changes? 8. Does it matter whether the employees are in its U.S. base or international locations? the appraisal process, performance management systems, ways to make performance management systems more effective, various classifications of rewards, the goal of the compensation administration, and compensation programs. Proposal Performance, as well as revenue is reviewed every six months. This way it allows JVA Corp. to cut or increase pay every six months, and review its bottom line. Employees can also benefit by having the opportunity to earn pay raises potentially twice a year, rather than the typical annual reviews. Impact to JVA Corp.: 1. The changes will be under review for two years. After the two years, the parties at hand will gather and
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Unformatted text preview: decide whether or not the newly proposed planned was a financial success. 3. The only way to know whether JVA Corp. benefited financially from such plan would be after reviewing and comparing the previous two years’ data in comparison to the new two years’ data. 5. JVA Corp’s Human Resources Department will be liable for twice the amount of necessary annual paper work to meet with the new proposal of reviewing performance and revenue. However, JVA Corp. will benefit from having employees that know they are being reviewed every six months, in contrast to every 12 months. Since there’s less time to accumulate performance tasks, the employees will feel compel to work more efficiently than before....
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This note was uploaded on 07/31/2011 for the course ECON 101 taught by Professor Thielman during the Spring '11 term at DeVry Arlington.

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