Dissertation Creation - The UK's original provider of custom dissertations and dissertation help...

Free Dissertations - Business Dissertations

The Company Has Identified A Freeze On Salaries Due To Financial Constraints. ...

The company has identified a freeze on salaries due to financial constraints. A study should be done on the cost of current staff turnover rates, including indirect costs such as training, advertising, paying overtime when staff shortages occur, recruitment overheads and presenting the argument that a reduction in staff turnover would result in cost savings which could be used to the advantage of the company and the employees. Another approach would be to investigate additional revenue earners for the company; this would involve increasing productivity but also provide increased rewards across the board. Alternately, staff could already be remunerated at an above average rate for their position within that location and this need to be documented and presented as the factor that negates such a request.
A skeleton project plan to be used as a roadmap for implementing change and moving forward. The plan could identify 2 types of implementation for change, an incremental approach or a complete change, one time implementation - the results are likely to identify which would prove to be the most successful approach. The plan to include clear milestones and re-evaluation points. The change to increasing staff empowerment has the potential for difficulties and these must be identified and addressed at all phases of the implementation.
Identifying and making recommendations for a project team, which includes staff and management, to take ownership of the project. The results may also require that a focus group is formed to ‘test' the proposed changes before implementation if this is required, the report to include the required recommendations for the focus group participants
By using Microsoft Project, the researcher will provide the plans and include the recommended resources for further discussion.
Ensure complete confidentiality of data sources.
Conclusion
The research will identify, document and make recommendations to introduce more flexible working and increase employee control in a technologically based company.
Input will be provided by all employees via questionnaires and interviews. In addition the company itself will be analyzed, both externally, to see its status in the market and quantifying its market rating pertaining to personnel matters, and internally to identify it's strengths and weaknesses. Management ability and willingness to embrace change will be pivotal to the success of this research project going forward. However, it must be clear that this paper is limited to collecting, documenting, evaluating and presenting the data and making recommendations to move towards enhancing employee empowerment or not. If the study proposes that the company overall has the potential to move forward with the recommendations, the actual implementation of the proposed plan would be the next phase.

Please note: The above dissertation snippet was written by a student and then submitted to us to display and help others. Thanks to all the students who have submitted their work to us.