Pay system and organizational culture and goals
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Describe the organizational philosophy of a real or fictitious company on compensation and pay strategy. Include the following information in your paper:
a. Company background information.
b. The number of years the company has been in business.
c. The type of industry.
d. The products and services offered.
e. The organizational culture.
f. The pay system.
g. The people who developed the pay system.
h. How long the pay system has been used.
i. The results of implementing the pay system.
j. Management's philosophy on compensation.
k. Relationship to the achievement of organizational goals.
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a. Company background information.
The company is Glenview Plastic Systems located in Minnesota, close to Minneapolis. This company produces plastic strapping that is used for manual, semi automatic and fully automatic system packing. The company had different lines for producing different grades of strapping.
b. The number of years the company has been in business.
The company has been in business for 16 years.
c. The type of industry.
The company is in the packing consumables industry.
d. The products and services offered.
The company produces three types of strapping, one for manual strapping, the second for semi- automatic strapping machines and a third for fully automatic strapping systems. The company offers the service of embossing the buyer's name or symbol on the plastic strapping.
e. The organizational culture: The organizational culture is based on making the customer happy, reducing production costs and providing slightly above than average wages to the workers.
f. The pay system: There are three levels of pay. The sales director and the business development director have ...
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