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Riordan Benchmarking Mba 530

Riordan Benchmarking MBA 530

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Title: Riordan Benchmarking MBA 530

Essay Details:

Subject: Business

Author: Alma S

Date: May 17, 2016

Level:

Grade: A

Length: 9 / 2498

Essay text:

Factors that affect compensation are dependent on seniority and individual achievement at Riordan. “The current reward system is barely based on performance, instead recognizing cost-of-living increases, seniority and position.”(University of Phoenix, week four). By designing a pay performance plan to compensate employees efficiently and equally, employee satisfaction will increase. “Unfortunately, as changes have been implemented, employee retention numbers have declined. The company recently conducted an annual employee survey, which showed a decrease in overall job satisfaction, particularly in the areas of compensation and benefits...

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