Creating a dream job Essay Example | Topics and Well Written Essays - 2000 words - 1

Creating a dream job - Essay Example The above compensation package is fit for Ngallas bed and breakfast employees because the employees have achieved significant objectives in the past year. A firm’s employees are supposed to be provided with attractive packages as a strategy to retain the best performing employees (Tropman, 2002). Ngallas bed and breakfast’s employees are warranted to have attractive compensation packages if they meet the bed and break fast’s objectives in terms of saving costs or adding to the company’s profits. The other area that warrants for the compensation package are efforts employees have put in place to increase turnover, efficiency, saving time and cost reduction measures. For the past one year, Ngallas bed and breakfast managers have worked hard to ensure that employees are trained. In addition employees efforts have saved time and costs. Employees have done this to increase the bed and breakfast’s margins to cater for the remuneration. The compensation package is justified by the additional duties that employees have embraced to ensure to improve the bed and breakfast’ profits. Employees have gone to the extent of doing tasks that are supposed to be handled by subordinate staff in cases where the subordinates are absent. This is compatible with the teamwork spirit in the bed and breakfast. In the recent past, Ngallas bed and breakfast employees have put in exemplary efforts to ensure that, the spirit of team work achieves results.The efforts have improved the company’s fortunes. This effort has led to Ngallas bed and breakfast to attain high profit margins and increase its customer base. This outcome has been instrumental in justifying the compensation attractive compensation packages.Ngallas bed and breakfast has realized that, the best way to improve performance is to provide enough compensation incentives. Incentives motivate

Foundations of Finance and Financial Management Assignment

Foundations of Finance and Financial Management - Assignment Example 4) There could be multiple reasons why this "free rating" would have angered the issuer of bonds. It could be because that the rating company is not familiar with the firm policies and has not taken into account some of the necessary information that would have given a completely different angle or picture to the bond rating. Similarly, the rating published by this company could have "put-off" some of the potential investors from investing into these bonds and hence the issuer of the bonds would have lose some of the potential money that they could have borrowed by issuing bonds. 2) The logic behind this model is that dividend grows at a constant rate in perpetuity. By perpetuity we mean that the dividend payments will continue forever and hence the value of stock will be equal to next year's dividend divided by required rate of return minus assumed dividend growth. 3) There are multiple reasons for that. The first reason is those preferred stockholders have a immediate claim on company's profit which is before the real owners of the company- ordinary stockholder. Similarly, the dividend percentage is fixed and if the company cannot pay it in the current year, it will have to pay it in the future.