Pubix paper revision

timer Asked: Apr 26th, 2017

Question description

Can you revise the paper, small changes such as page numbers and missing references see notes attached on document.

Publix Supermarket Rough Draft Performance Review Employees at Publix enjoy salary raises as a result of frequent performance reviews (Hinkin& Tracey, 2010 missing the page number). Publix operates in a retail industry that faces dynamic competitive threats. Continuous employee performance reviews help managers and staff identifies gaps that are straining their achievement of targets. This feedback enables employees to work towards improving on areas of deficiency to attain optimal performance levels. Newly recruited employees have a 30-60-90days performance review meetings with their managers to identify performance improvement areas (Mann, 2015). Missing a reference for this citation.). After the first six months, the associates receive salary raises, and this happens in the subsequent periods of every six months. As a result, employees are continuously motivated to be better performers as they anticipate salary increments. Recognizing and rewarding performance is a fundamental element for any organization that intends to retain its employees and enjoys their loyalty (Solomon, 2013). Frequent performance reviews also help the entity be able to quickly identify areas of weaknesses or performance improvement opportunities and capitalize on taking corrective actions to retain normalcy in the business operations. The relevant of performance management can therefore not be understated in the success of any firm. Compensation Workers at Publix are entitled to a 401k Plan after their retirement period. Publix is an employee owned organization that makes its workers set for life. The company gives stock to those employees who have been there over a year and have worked for 1000 hours as well. This suggests that it becomes an exciting company to work with due to its retirement plan. The 401k plan is suitable for workers who are focused towards their career and want to retire like Publix Supermarket Rough Draft millionaires. Publix has brought up an engaging portion of change despite challenges. A mixture of Stock and 401k Plan has placed long-term employees at a position where they can access healthy and wee-funded retirement plans. Unlike other organizations, the choices can difficult for full-timers and part-timers to differentiate. As a result, those working full time are entitled to a bigger portion of stock gotten from their greater salary. Public Health insurance at Publix covers a wider range of needs including visits to dentists and showing up for a medical appointment. Publix is using this insurance plan to compensate all its workers. Therefore most workers think it’s the best option for their treatment. For those employees who are not undergoing medical treatment, their compensated expenses are moved to their savings account. The health insurance benefits employees’ families as well with an additional paid vacation to the package. For those employees who are single, Publix cuts medical costs making it cheaper for single parents. Managers at Publix are focusing towards the measurement of productivity. It is very critical for an organization to adapt ways in which they can cope, survive and influence their production. Publix does organizational assessments as a technique towards performance review. This symbolic instrument helps Publix acquire valuable information on their execution, distinguish essential elements. These elements can either destroy or guide the accomplishment of outcomes. Curiously, the interest for such assessments is making strides. Executives at Publix are progressively attempting to extend their comprehension of the execution of associations which they tend to subsidize. This does not matter because employees are given an exclusive opportunity to decide between the commitments of these procedures. References Publix Supermarket Rough Draft Hinkin, T. R., & Tracey, J. B. (2010). What makes it so great? An analysis of human resources Need the page number for this reference. Practices among Fortune’s best companies to work for. Cornell Hospitality Quarterly, 51(2), 158-170. Retrieved from Solomon, B. (2013). The Wal-Marts Slayer: How Publix's people-first culture is winning the Grocer war. Retrieved from Notes Compensation definitely needs a journal article referenced for support of the info you provided (maybe find an article supporting the importance of compensation in the workforce and maybe a credible website or newspaper to support the 401 k and shares part.
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