MALAYSIA AIRLINES BERHAD
Study of the effect of downsizing on employees in an organization.
Abstract:
Using the information gathered from the employees of Malaysia Airlines Berhad, this research was conducted to study of the effect downsizing on employees in an organization, to review the need to downsize in an organization and to study the criteria of the individuals who are no more required in an organization.
1.0 Introduction
1.1 Background of the study
The aim of this study related to study the effect of downsizing on the employees in an organization which is in Malaysia Airlines Berhad (MAS)
Downsizing refers to the diminishment of an organization 's work power. There are many reasons for this need to downsize, ranging from business downturn owing to market recession, poor management, inadequate planning or increased foreign competition as well as takeovers, mergers and divestments (Flude, 1994). This methodology has picked up popularity since the 1980s for organizations hoping to cut expenses during tough economic times. Its most regular structure comes in employees layoffs, which lessen finance costs for the organization.
Downsizing may likewise include covering a few operations or offering certain employees early retirement. Employees downsizing is a nightmare feared by most of the employees working in the corporate world. Not only that, employees nowadays will have to reconcile with the ugly realities of the corporate world and they may have to be
After the Great War (1914-1919) came the “Roaring Twenties” followed by the Great Depression (1929-1939). America became the richest country in the world at that time after WW I. Then on October 24th 1929 the stock market crashed and America experienced the Great Depression a few days later on October 29th 1929 . Some of the contributing factors of the Great Depression were 1. The crash of the Stock Market on Black Tuesday 2.
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Minimum Wage Raising minimum wage would affect the world all around but not so much as the people wanting it would like. It would mess up all of the economy; to prices going up, insurances, employment rate, and how many people per job site. Minimum wage has been a thing since 1938. It all started with the Great Depression in 1938. It started at twenty-two cents an hour.
However, there is always room for growth and improvement. By taking an in depth look at Target Corporation and understanding organizational structure, task organization, communication factors, competition, culture, and factors of success give insight to things that can be improved. To assist in improvements and long-term success, five suggested human resource policies that include recruiting, hiring, and retaining, compensation, vacation and sick pay, discrimination and harassment, and retirement policies will assist the organization in their overall production and productivity. By addressing this topics Target Corporation will take care of employees from day one to retirement. In doing so, productivity, quality control, innovation, and profit will improve.
1. Should we raise federal minimum wage? A big topic that has been on the news a lot was if we should raise minimum wages or should we keep them the same. Tons of people are working hard but the workers don 't make enough money to make a living they need help from the gov’t to help pay their expenses.
This could also lead to employees quitting looking for other opportunities before they get laid off. Also, with new regulations and management system, the organizational culture would change and adjusting to it could be challenging to many employees. All this leads to increase in stress level for the employees and also the
This downturn has faced the company with declining sales and revenues, and in effect the company could not pay bonuses to employees. This cause and effect has deemed low employee morale within the organization. Morale is an important factor to determine group satisfaction, as individuals take their cues from associates
For those reasons, we agree on a one-day to one-month layoff notice for all employees of the company, including management. 3. In regards with the demands of having an incentive program, we agree on the implementation of a monetary incentive program based on seniority and centered on a six-month and twelve-month performance evaluations and safety compliance. We likewise agree on having rewards for attendance and punctuality. We also presented a 401K retirement system managed by Fidelity Investment Corporation with a 7% match, and the new Adam Baxter Corporation’s profit sharing program based on the company’s yearly financial performance and the individual employee’s annual performance
Hong Kong Dragon Air is Hong Kong-based international airline, belonging to of the Cathay Pacific Group. The airline was established in 1985, and operates a fleet of narrow-body A320s and A321s, which were both powered by V2500 engines manufactured by International Aero Engines AG (“IAE”) for both passenger and cargo service to destinations to destinations across the Asia-Pacific region, and China. Their vision is to be the World’s best regional airline serving China and beyond. Their missions; places emphasis on safety and operational excellence with customer focus. The airline seeks to embrace innovation by implementing ideas that improve their business.
CHAPTER TWO LITERETURE REVIEW 2.1 Introduction This chapter summarizes the information from other researchers who have carried out their research in the same field of study. The specific areas covered here are theoretical review, human resource planning objectives, approaches to human resource planning, importance of human resource planning, limitations of human resource planning, employee retention, empirical review and conceptual framework. 2.2 Theoretical Review According to Kerlinger (1979), a theory is a set of interconnected concepts or variables, definitions and propositions that presents a systematic view of a phenomenon by specifying relations among variables, with the purpose of explaining a natural phenomenon.
1.0 Introduction to Strategic Management Strategic management practices the formation; achievement and reaching the major objectives executed by the management of the company, by considering the capital and a task of the internal and external environments in which the company wishes to compete. 1.1 Introduction to Singapore Airlines Singapore Airlines (SIA) is established in year 1972 with remarkable performance among its competitors in the industry throughout its 35-year-long history till date (Heracleous & Wirtz, 2009). According to Singapore Airlines (2014), SIA is one of the youngest aircraft fleets worldwide to destinations crossing a network of more six continents, with its iconic Singapore Girl providing excellent standard of service to customers. Throughout the years of operations, SIA has an impressive ever-growing list of industry 's leading innovations such as offering free headsets along with a choice of meals and drinks in Economy Class in the 1970s, followed by introducing satellite based in-flight telephones in year 1991, involving an ample panel of renowned chefs, the International Culinary Panel, to provide lush in-flight meals in year 1998, developing audio and video on demand (AVOD) capabilities on KrisWorld in year 2001, and lastly flying the airbus of A380 from Singapore to Sydney on 25 October 2007 (Singapore Airlines, 2014).
Ramada’s problem was first discovered when their management found out about D. K Shifflet’s latest survey about customer satisfaction in the hospitality industry, which it then shows that mid-tier hotels continuing to go downward. Later on they continued on their research and decided to hire a third party to find out more about the survey and also to observe their own company’s system. It results in a management dilemma, Ramada needs to prevent themselves from falling. Then it raises some questions on how can their management improve their performance to achieve the level of customer satisfaction they desire. They then found out three main concerns that they need to put more effort to.
Uncomfortable / unbalanced work life , people now a days believe in doing multi- tasking which results in not maintain the work life, now a days employees want convent job a job which they are able to do other work too and also able to maintain the balance between work and life. Employee retention is the process where the organization tries to motivate the employees to stay in the organization, organization tries the level best to retain the employees for a long period of time. Any organization does not have power to stop any of its employees until or unless they have some stratify or a plan to retain the employees in the organization. Different companies have different ways of retaining the employees, but what matter is what is the plan set in the mind of the company to retain the employees.
Aircraft Performance Through the chaos and mayhem of World War 2, the aviation industry made significant advancements in its technology. After the war ended, this technology stretched and expanded to the farthest reaches of the world. Frank Whittle of England and Hans von Ohain of Germany both created the world of aviation that we live in today. Both men did it without the knowledge of each other throughout the 1930s and 1940s.
Until today, this incident is still affecting Malaysia Airlines in different aspects. Especially, on their corporate image, reputation and finance. Not only Malaysia Airlines, but the image and reputation of our country are also being affected because Malaysia Airlines have strong bonding with the government and they as a representative role stood out to speak for Malaysia Airlines. Malaysia government had given a very bad impression to others on their crisis management and crisis communications. Experts criticized their crisis management by saying “crisis in managing crisis” and “make a crisis worst” due to their failure in crisis communications.