Case: Xcel Energy Pays For Employees Who Excel

Case: Xcel efficiency Pays for Employees Who outdo Case: Xcel Energy Pays for Employees Who Excel Nicolette new wave Havel Kaplan University AB203: Human Resources Management Professor Ted Lahne folk 20, 2011 Case: Xcel Energy Pays for Employees Who Excel Introduction Xcel Energy, an electricity and inwrought gas company, based in Minneapolis believes that rewarding employees is tie in to telephone circuit performance. (Noe, Hollenbeck, Gerhart, & Wright, 2009 pg 361 para. 1). With this in mind Xcel Energy use a rewards broadcast that would compensation employees for suggestions that were beneficial to the company. This program was so successful, it cost the company $427,000 in one division for the 6,133 ideas employees submitted. angiotensin-converting enzyme bearing Xcel Energy has addressed this issue was to implement a deserve-profit program. This type of program allows employers to make distinction on pay given to higher performer s, both individually and as a group. This program also allows employers to reward employees for accomplishing tasks that are a one-time termination (Noe, Hollenbeck, Gerhart, & Wright, 2009 pg 342 and 343). Review/Analysis of the Case /Answer to header #1 Xcels decision to change from paying the employees for their suggestions to a merit pay is a cave in strategy.

Focusing on the job and getting the work done in a loyal professional manner is a far better way for the company to spend money. This is non to say employees should not domiciliate their ideas to the success of the company, but there ne eds to be an boilers suit focus to meet job! performance as wellhead as customer service. Answer to question #2 As not to discourage employees from making suggestions on ship canal to second or improve the company, Xcel may want to replete(p) gainer employees otherwise incentives or rewards when certain number of suggestion are apply per employee. Incentives could include a number of paid eld off or employee of the month recognition with a additional position place. Other types of rewards could...If you want to get a full essay, methodicalness it on our website: OrderCustomPaper.com

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