The above are the company requirements for the placement of a store manager. When we see the job outlook, we can straightforwardly substantiate the compensation and benefit plan. The store manager needs to work 24*7. He is the only personality in amass who has to be in the store full time. He is supposed to make his store proficient and profitable, scrutinize and make best use of the product inventory and retail budgets, sales and purchasing, synchronize with his subordinates along with their regional head, finalize the most lucrative marketing agenda and hiring strategies required for his store, etc. He maintains and manages the company software and is accountable to give report to the main branch on daily basis.
Creating Your Dream Job 6 From floor management viewpoint, the store manager is the one who has to do rotation of merchandise, in such way, that the products magnetize the patrons. All routine store jobs are performed and examined by the store manager. He is the creative head of his team. After analyzing all the obligations and the objectives of the store manager, it can be said that the compensation and benefits package designed is worthy and valid. Question 4: Imagine this is the only position of its kind in the organization. From this perspective, design a performance appraisal program for the job. For designing any performance appraisal program, the person under authority must comprehend that as per the place of duty what the fundamental requirements which require verification are. The performance appraisal is a fundamental and imperative program which is considered necessary by each corporation under which there are proficient mechanisms. There are numerous methods for appraising a manager’s post like Management by Objective (MBO) methods, Critical Incident Method, Behaviorally Anchored Rating Method, Behavior Observation Scale and 360 Degree Performance Appraisal Method (Dessler 2014). For the appraisal of managers’ positions, there are minority summits which the company keeps in wits before reviewing the performance, for example, the job description; rate of the person’s level of performance; reviewing with each employee’s performance and evaluation; and last giving overall rating for the performances. The performance appraisal will include some performance factors which include a store manager’s administration skills pertaining to planning, managing and handling the store issues and eliminating the problems; his knowledge of work and that how well he is understanding all the phases of job; his communication ability as to how much he is listening to others; his teamwork ability regarding how well he is working in a team and leading the members; his
Creating Your Dream Job 7 decision making power, understanding the problems and solving them without hindrances in work, etc.
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