Company Analysis Canada Chemicals Corporation Essay

Production Line Staff Production line workers are the employees who are usually doing their work by hand or in this day and age, running the machine or equipment to make the products. In this particular case, Canada Chemicals Corporation utilizes their production employees by producing industrial chemicals. These production worker’s jobs are a lot more complete then other production level workers employees as they usually have plenty of skill, knowledge and experience, and have high educational background. In order to reverse recent challenges with production and sales, I have composed a compensation package for these employees that will motivate them intrinsically, and focus on rewards that are extrinsic. First off, I have chosen to select a 48% distribution for the base pay section of the compensation package. As the CEO, I am taking into consideration the nature of the work, and the external forces that surround our company such as market pricing and and competition. In ord er to assure that our employees feel that as a company we are committed to our employees, and that they are financially secure, we are putting all of our base pay into the well-known system, Pay for Knowledge. This means that we are compensating our employees for the knowledge, value of skills, and competencies that our employees hold. As noted before, our production line workers have to acquire a high-level of skill and experiences, and also have multiple certificates from technical schools.Show MoreRelatedA Report That Analysis Integrated Practices1299 Words   |  6 Pagesbring the company in the competition. The process of strengthening the good and understanding relationship between the employer and their members of staff is the main goal of any company. Management theories are known for their ability to achieve all these while at the same time ensuring that firms remain in competition. 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