Steel Co Human Resource Report Essay -- Steel Co Human Resource Case S

Table of Contents compass1Aim1Objectives1Limitations/Scope1Evaluation of mark Co Performance and fix System2Performance and strengthener management Tools3Pay Structure5Performance and avenge for different groups6Conclusion7Recommendations7References8BackgroundThe association vane Co, which has been established for around 30 years, has been in a steady decline during the current recession and although a Divisional managing director has been employed by the owner the fortunes of the phoner have not improved. The provide is unhappy, unproductive and unimpressed by the tender Resource dodging that soon exists in the company. The pay structure that currently exists within the organisation has been a good deal debated among employees who feel it is unsatisfactory. The Business Adviser will research Performance and Reward management tools in order to help the company develop a more suitable Performance and Reward system to use. A physical body of sources will be used in order to evaluate the system and tools against other organisational frameworks. The pay structure within the company will withal be looked at in order to identify any contingent changes that could be made.AimThe aim of this report is to evaluate current Human Resource Practices within Steel Co and identify weaknesses that the current vex possesses. Performance and Reward management tools available will be evaluated in order to make recommendations on how the Management tools could compliment the system that Steel Co currently employs.ObjectivesTo achieve the aim of this report there atomic number 18 4 Objectives which are considered1.Evaluate the Performance and Reward model that the company currently uses in order to identify weaknesses and areas whe... ...ng conditions as well as overall organisational performance. Due to being intrinsic rather than extrinsic the company does not incur a high cost and thus would be able to retain and motivate employees further.ReferencesWorks Cited http//www.businessballs.com/balanced_scorecard.htmhttp//www.tatasteeleurope.com/en/careers/general_vacancies/benefits/http//www.nationalforum.com/Electronic%20Journal%20Volumes/Lunenburg,%20Fred%20C.%20Goal-Setting%20Theoryof%20Motivation%20IJMBA%20V15%20N1%202011.pdfhttp//www.cimaglobal.com/Documents/ImportedDocuments/Tech_rept_Effective_Performance_Mgt_with_Balanced_Scd_July_2005.pdfhttp//www.allenword.com/360feedbackform-final.pdfhttp//www.cipd.co.uk/hr-resources/factsheets/pay-structures.aspxlink_3http//www.benefitsandcompensationresources.com/wp-content/uploads/2009/08/why-a-family-job-approach.pdf