Sunday, February 23, 2020
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 firmââ¬â¢s employees are supposed to be provided with attractive packages as a strategy to retain the best performing employees (Tropman, 2002). Ngallas bed and breakfastââ¬â¢s employees are warranted to have attractive compensation packages if they meet the bed and break fastââ¬â¢s objectives in terms of saving costs or adding to the companyââ¬â¢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 breakfastââ¬â¢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 breakfastââ¬â¢ 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 companyââ¬â¢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
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