MGT262H5 Chapter 5: MGT262 - Chapter 5
Document Summary
Mgt262 all chapters: 1, 2, 3, 4, 5, 6, 7, 9, 11, 13. Produces boxes, point-of-purchase displays, folding cartons, labels and protective. Best managed companies recognition, canada"s top 100 employers, ten best packaging. Grew from 3 employees in 1982 to 200 full and part time employees today the main cause behind its success. Employees receive ongoing skills training, career and personal development and above average compensation plus competitive salaries through surveys and individual salary reviews annually. Individual incentive-based performance goals for every employee are set quarterly based on performance feedback. Profit sharing and rsp plan for employees books are open for employees and financial status is revealed. Every month, 15% of previous month"s profit is shared with employees equally regardless of seniority, wage and position. More important in contemporary organizations as every firm needs increased productivity to be globally competitive. No single all-purpose motivation theory exists a mix of several theories that people who are well-motivated.
