Mhr Individual Case Study Essay

The textbook defines increase sharing innovation as A system whereby an employer pays compensation or benefits to employees, usu on the wholey on an annual basis, in addition to their regular wage, on the basis of the acquire of the ac community (Page 352). This intent dirty dog either be a real spacious program or a terrible plan because it at last depends on the gelt earned by the company in a given time period.Lets say for a authorized month the company is doing really great in profits and line of descent is good than the employees get out be really happy and earn a crapper more than than theyve earned in the past, solely if the company fails to reach a lot of profit the next year than wages for the employees leave decrease and be more lower than it was before which go away use up employees upset and earn less m whizy. The idea of imposing a PS plan is so that employees ar motivated to work hard so that they whoremaster make bills as doable and the company can be profitable.Its a drive to get employees to help the bank line induce successful so ultimately its a win-win touch between the employees and company. I would tell Robert Clark to continue with his plans on proposing this idea of devising a PS plan. This PS plan will be great for this Maple stead Company because it will motivate employees to work hard and become more productive in their work field so that Maple Shoes can make as much money as possible and results to a good company image. 2.Do you see a supposition of convincing Maple Leaf Shoes unions to buy in on a PS plan? I believe the union members will non buy into the PS bonus plan because it ultimately depends on how much the company makes over a certain period of time. There is eer a possibility that there will be no profits or low profits during a period of time. The amount of profit Maple Leaf Shoe is making is highly unstable but one moment you might be getting a lot of money and an another(prenominal) mome nt you will be getting paid low what you used to get paid.This plan has a lot of ups and downs but its really like gambling because you can win a lot of money and lose a lot also. I can see how this plan might be able to increase production of employees because it will motivate employees to work harder to help the company earn more profits. But sometimes the employees will do everything their supposed to do and maybe the company doesnt make profits because of other reasons like competitions or other factors that employees cant control.Also Maple Leaf Shoe production cost are steadily increasing which means they need to make a lot more money to cover their high cost. There is a low possibility that Union will accept this PS plan because there is too much gamble and risk. 3. What other incentive plans are suitable for Maple Leaf Shoes? The three incentive plans that will be more beneficial to the Maple Leaf Shoes company is production incentive plans, employee stocks possession plans (ESOPs), and Scanlon plan.Production incentive plans are plans that allow groups of workers of workers to receive bonuses for scattericular(a) predetermined levels of output (Page 351). This will motivate employees to work harder and be more productive than they were before. Employees would expect to work more than there supposed to so that they earn more money and the company benefits because it will have a lot of employees that will do a lot more for them that will ultimately generate more profits.Employee stocks ownership plans (ESOPs) is a plan that gives employees ownership of the company and gives them voting rights within the company. This is advantageous because it allows employees to feel that they are part of the company instead of being related to as an asset to the company. Employees would want to work for a company that they represent and have ownership in because they will treat the company as their own and do whatever it takes to get the company more profits. The two plans previous are all determined on factors that employees cant control with is the profit the company makes.Scanlon plans as stated in the textbook is An incentive plan positive by Joseph Scanlon that has as its general objective the reduction of labour costs through increased efficiency and the sharing of resultant savings among workers (Page 352). This plan is great for employees because it rewards them based on the labour costs, a factor they can control. Works Cited List Schwind, H. F. , Das, H. , amp Wagar, T. H. (2010). Canadian human resource focal point a strategic approach (9th ed. ). Whitby, Ont. McGraw-Hill Ryerson.