PAC Resources was founded in 1994 by the current CEO, David Dukakis. PAC Resources is a small company that manufactures high quality components that are specialized for the computer industry. Cliff McNamara was brought on very early by David Dukakis to be the chief financial officer. McNamara had a strong background in accounting and was well trusted by Dukakis. They had made a great team, McNamara had managed the business while Dukakis had come up with the ideas and design of the specialty components. When PAC had first started up they were located in a small rented building in a strip mall and now the company has its own contemporary facility, that employs 835 full-time staff. PAC had survived the latest downfall in the market because there they were able to corner the market with their high-quality, specialized products. PAC produces and sells its own products to a small customer base within the United States and Asia. This customer base is only a small percentage of PAC’s revenue, the majority of their profits, about eighty three percent, comes from one manufacturer, who PAC builds original specialty components for. Having a huge source of your revenue coming from a single source is very worrisome …show more content…
Patricia Harris was the HR director at PAC for many years and had recently decided to take an early retirement. When she was the director her management style was troublesome, she had her favorites and employees in the HR department had found Harris to be unfair and harsh. Kathy Davis is PAC’s benefits coordinator and also one of Harris’s favored. When it came to Davis, no perk was too much. Harris had teamed up with John Culbertson, the compensation manager, to establish a merit bonus plan in her early years at PAC. The plan had been successful in accomplishing objectives and maintaining costs but it was still an issue within the company and most of all in the HR
Ms. Tomcala, Chief Executive Officer, announced that Ms. Pat McClelland is leaving the Health Plan after 20 years of service and that she has accepted a position with DHCS as Chief of the Systems of Care Division. Ms. Tomcala also reported on audit readiness and that WeiserMazars has been coaching the team on how to address the auditors who will be onsite the last two weeks of April. Ms. Tomcala brought to the committee’s attention that DHCS has officially requested CMS to approve the MCO tax proposal. Lastly, Ms. Tomcala continues to have discussions with County representatives Mr. Bruce Butler and Mr. Paul Lorenz regarding the Default PCP Assignments and they have reached to Ms. Dolores Alvarado, SCCHA Board member, to ask for her assistance.
I know our stand on retro pay, but I have a concern on how this particular associate was handled. Jose Lainez was part of the Menlo conversion and during the melt down. From what I know… he trained, coordinated and performed various activities which allowed Billy, Greg, and Eduardo to focus on other areas of the operation. Now I wasn’t here during that time frame, but from my stint I have observed nothing but a professional associate who would do whatever it takes to make sure Schenker is successful. In addition to that his innovative ideals has allowed us to achieve major milestones in picking and other areas of the operation.
Simpson, determined that the interpersonal conflict had a large effect on the agency. These effects included poor performance, lost productivity, absenteeism, disciplinary action, and turn-over. To combat this interpersonal conflict he came to the conclusion that he would recommend the department look outside the traditional response of terminating labeled problem employees. He recommended in his preliminary report to the deputy chief that the department emphasize economic humanism. Economic Humanism is a new emerging theory that administrators are now expected when it is possible and while in the best interest of the department to salvage problem employees rather than terminate them.
Running head: THE MPBS COMPENSATION PLAN The MPBS Compensation Plan Darrell Willard Argosy University Compensation and Benefits MGT420 Dr. Keith Wade July 28, 2016 The MPBS Compensation Plan MPBS helps with formulating and deciding your business spending plan obliges you to consider numerous aspects of your operation. For your organization to wind up effective, you may need to contract workers immediately or at some point later on. Representing your worker costs and your own particular wages is imperative to keeping your financial plan precise.
4. Alignment to CPSA Strategic Directions This is an ideal project for the CPSA to fund due to the number of areas of alignment with the strategic plan and far-reaching impact and potential of the work. As a proactive and innovative solution, this project can help place CPSA at the forefront of innovation in health systems reform as a regulatory body that prioritizes advancing the wellbeing of its regulated members. As detailed above, clinician wellbeing is critical to high quality care.
“It’s no secret that during your time at Duke you received significant compensation,” from the drug industry, Ms. Warren said. “It naturally raises questions about your relationships with the drug industry.”
Management has shown their abilities over the years to weather the recent EPA changes and declining wood stove market. While their profit margin for return on assets decreased, they managed to still increase sales enough in their niche market to increase their asset turnover and in the end, increase their return on assets. Even with major deficits in their retained earnings, the company worked through the tough regulations and low cash flow to not only continually grow their business, but turn
In 1980, Mr. Hicks was promoted to one of six shift Commander positions at St. Mary’s. Mr. Hicks had a satisfactory work performance according to his supervisors. According to Open Jurist (2014), in 1983, MDCHR began investigating St. Mary’s Honor Center because of complaints about poor maintenance, inadequate security, and other concerns at the facility. In January 1984, as a result of the investigation, the supervisory structure of St. Mary’s was reorganized and Mr. Hick’s immediate supervisor was replaced, as was the superintendent of the facility. During this change Mr. Hicks maintained his position as Supervisor.
Introduction A. The Affordable Care Act (ACA), also known as The Patient Protection and Affordable Care Act (PPACA), was created in 2010 under the President Obama administration. It is designed to reform the current healthcare system by offering more health insurance options at affordable rates. The reform aims to provide individuals with more health insurance options, alleviate out of pocket costs, and prevent gender discrimination. The basis of providing millions of Americans with quality health insurance options greatly benefits a majority of individuals.
President Jamison and Iberia should directly oversee the Faculty Distinction Program and the Staff Performance Excellence Program. As noted by (Brent & Jurow) the program has not addressed the issue of salary raises since 2006 and is only directly tied to “academic exercise” (p.51). Therefore, with new funding available due to program cuts, “merit-based salary raises can be implemented. However, a specific amount of raises can only be given each academic year. The specifications regarding such raises must be decided the year prior by the Financial Committee and
Mary Parker Follet recommends that the goals for the employers and workers should be the compatible (Lester & Parnell, 2006). In terms of integration of goals, I think that the actual CEO of the organization should have considered the fact the many other departments were going to be affected by reducing operational costs, instead of just focusing in making a profit. The reason why an organization makes profits in largely determined by the workforce, that makes it happen. When the chief executive only is focused on the organizations interest and not all the parties involved, it gives the organization a bad reputation, and as a consequence of a bad reputation, that organization can lose very valuable asset because of the decisions made from
Apple Inc. embraces diversification strategy as a means of promoting its viability in the market. Largely, the creation of the three products lines compounds the sources of the company’s income. In fact, the company does not rely on a single source of income because the product design belongs to different categories. This strategy cushions the business from suffering risks of associated with depending on a single business. According Hitt, Ireland, and Hoskisson (2014, p.135), the benefit of handling many products is that when one product fail or does poorly in the market, the business is would shift its attention of the best performing products.
The five subsystems of public servants who decisively help shape public policies are political appointees, Professional careerists , civil service , unionized workers and contractual employees ,first and foremost. According to scholar Richard J. Stillman II, “ Professional careerists are various groups of personnel with specialized expertise in specific fields. positions occupied by these groups are usually based on advanced professional training.” This case study indicates that Dr. Healy was a cardiologist, medical school graduate, dean of Ohio medical school, a blunt speaker and possessed impressive administrative credentials for managing large, complicated health facilities. Although, Healy was hired as a change agent , it was difficult for her to make change for a culture resistant to change.
The Case of the Missing Raise Compensation and raise conversations are always a touchy subject for discussion. Marsha is using avoidance style when the announcement is made regarding raises. She automatically assumes that she will be part of 9%+ raise, instead of actively discussing it with Fred. After finding out the procedure that Fred followed to distribute the raises, she accepts the consequences, instead of posing additional questions. In this scenario Marsha was easily swayed by Fred, and after finding out that faculty who received low raises, complained and received additional raises, she simply gives up and does not address it.
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.