Essay About End Of Quarter 1Plan And Increase Productivity

Hr Management GoalsLong-Term GoalGoal: To reduce turnover rate to 6% by the end of year one.   Plan: To increase benefits package, training programs, and worker wages throughout year 1 Short-Term GoalsQuarter 1 Goals/PlansGoal: To reduce turnover rate to 8.5% at the end of quarter 1Plan: to implement an orientation program for new employeesQuarter 2 Goals/PlansGoal: To reduce turnover rate to 8% at the end of quarter 2Plan: to increase benefits package by adding a pension plan and increasing holidays.  Quarter 3 Goals/PlansGoal: To reduce turnover rate to 7% at the end of quarter 3Plan: to implement a performance appraisal system.Quarter 4 Goals/PlansGoal: To reduce turnover rate to 6% at the end of quarter 4Plan: to increase worker wages by 3%

Long-Term GoalGoal: To increase productivity by 30 units at the end of year one.   Plan: To hire new employees and implement training programs throughout year 1 Short-Term GoalsQuarter 1 Goals/PlansGoal: To increase productivity by 10 units at the end of quarter 1Plan: to hire new employees Quarter 2 Goals/PlansGoal: To increase productivity by 5 units at the end of quarter 2Plan: to implement new hires and promotions training programQuarter 3 Goals/PlansGoal: To increase productivity by 5 units at the end of quarter 3Plan: to implement a performance appraisal system.Quarter 4 Goals/PlansGoal: To increase productivity by 10 units at the end of quarter 4Plan: to implement a training program for managers and supervisors

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Workers’ Unions

For workers, a “labor wage” is defined by a wage that works for a company based on a labor cost. According to the Labor Productivity Research (LPR) model, “the wage should be at least equal to the productivity output of the company, the employer’s pay, and/or the minimum wage”. The LPR model’s models imply that workers can earn more if their pay increases, which results in smaller employment per unit of workers. But workers are, in effect, at a lower productivity level because of the non-wage benefits of increased productivity.

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