Essay About United Healthcare And Below Company Research
Essay, Pages 1 (2137 words)
Latest Update: October 9, 2021
Strategic Human ResourcesEssay Preview: Strategic Human ResourcesReport this essayStrategic Human Resources ResearchFaced with slumping sales, low morale and shrinking staff, the management team at Riordan is seeking a new method to increase sales, revenues, keep current customers and gain new, motivate and retain good employees. A direction to move to sales teams is imminent. It is also understood that an analysis of the current compensation policy is needed. As with all endeavors, there is a right way and wrong way to accomplish these tasks. Riordan can learn lessons such as customer satisfaction, compensation and motivation practices, career development programs, ethics regarding the compensation plans, as they relate to organizational strategies, from the below company research. Each of the following research topics touches on the important issues that enable and to some extent ensure a companys success.
The RSI Strategic Human Resources Essay
This article is about a business opportunity. This article is aimed at an employee with the desire to hire, a role that could be flexible as a manager. The article outlines the unique circumstances in which a person may be selected to work with this new firm.
This article is about a marketing position. From a strategic marketing team, this position offers an outside position in an office that is more familiar with digital culture, data analytics and information processes, than a traditional office with an external manager. The job description outlines that a person will be responsible for the digital content, process, and communication of the entire company, from product development, management, product sales, management staff, information processes, business development, customer service, corporate operations, business strategy, information management and more.
The RSI Strategic Human Resources essay is about a project. The project should be an organization, and preferably more than 1,200 people are expected, including business, management, sales, and HR.
This article is about a person with a special skill set. This person is in good company condition (but in need of work), knowledgeable, and in good relationships with colleagues. He could not have been chosen at the wrong time or was poorly prepared. For this purpose, his or her unique talent and ability could benefit the company.
This article is about a business opportunity. This article focuses on an opportunity that could help or hinder an employee.
The RSI Strategic Human Resources essay is about a business experience. This article details the business experience and role that may be offered to that person who is interested in the company to help facilitate the career development of an employee.
This article is about a person with technical understanding.[/p] A person with this skill set would bring a highly valuable and relevant knowledge to an organization, who would seek to contribute knowledge to the cause of organization. This type of person could be part of the team or at least a part of an interdepartmental team. In a team, this employee would be able to help the other team in implementing their goals and procedures.
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The following information is based on information from the RSI Strategic Human Resources Report.
[RSI Strategic Human Resources Statement] The Company is looking to reach over 17,000 employees by the second quarter of 2014.
The objective of this year’s RSI Strategic Human Resources Report:
The Company is looking at our strategic initiatives, as well as our unique business needs as we go forward.
This information is based on information from the RSI Strategic Human Resources Report under which an estimated sales value for the fiscal year end in 2014 per person with a technical skill set in an engineering or computer technology background was estimated (0.1%). This is estimated to create an estimated sales base in that quarter, with an estimated earnings estimate of $36.9 million.
This article is about a business opportunity. This article details the business opportunity and roles of the following information:
The RSI strategic company is seeking a new model for improving overall performance and profitability for an international business. It needs to know that their products and services will not cost us more that what we have.
The RSI Strategic Company is looking to further enhance our corporate culture by providing
The RSI Strategic Human Resources Essay
This article is about a business opportunity. This article is aimed at an employee with the desire to hire, a role that could be flexible as a manager. The article outlines the unique circumstances in which a person may be selected to work with this new firm.
This article is about a marketing position. From a strategic marketing team, this position offers an outside position in an office that is more familiar with digital culture, data analytics and information processes, than a traditional office with an external manager. The job description outlines that a person will be responsible for the digital content, process, and communication of the entire company, from product development, management, product sales, management staff, information processes, business development, customer service, corporate operations, business strategy, information management and more.
The RSI Strategic Human Resources essay is about a project. The project should be an organization, and preferably more than 1,200 people are expected, including business, management, sales, and HR.
This article is about a person with a special skill set. This person is in good company condition (but in need of work), knowledgeable, and in good relationships with colleagues. He could not have been chosen at the wrong time or was poorly prepared. For this purpose, his or her unique talent and ability could benefit the company.
This article is about a business opportunity. This article focuses on an opportunity that could help or hinder an employee.
The RSI Strategic Human Resources essay is about a business experience. This article details the business experience and role that may be offered to that person who is interested in the company to help facilitate the career development of an employee.
This article is about a person with technical understanding.[/p] A person with this skill set would bring a highly valuable and relevant knowledge to an organization, who would seek to contribute knowledge to the cause of organization. This type of person could be part of the team or at least a part of an interdepartmental team. In a team, this employee would be able to help the other team in implementing their goals and procedures.
-
The following information is based on information from the RSI Strategic Human Resources Report.
[RSI Strategic Human Resources Statement] The Company is looking to reach over 17,000 employees by the second quarter of 2014.
The objective of this year’s RSI Strategic Human Resources Report:
The Company is looking at our strategic initiatives, as well as our unique business needs as we go forward.
This information is based on information from the RSI Strategic Human Resources Report under which an estimated sales value for the fiscal year end in 2014 per person with a technical skill set in an engineering or computer technology background was estimated (0.1%). This is estimated to create an estimated sales base in that quarter, with an estimated earnings estimate of $36.9 million.
This article is about a business opportunity. This article details the business opportunity and roles of the following information:
The RSI strategic company is seeking a new model for improving overall performance and profitability for an international business. It needs to know that their products and services will not cost us more that what we have.
The RSI Strategic Company is looking to further enhance our corporate culture by providing
Customer Service and Dell – Joseph CashRecently honored by the new Forum for People Performance Measurements, Dell has been recognized for “Setting the standard for customer service and satisfaction.” The forum was seeking organizations that incorporate their employees in their brand and selling strategies. Dell calls its corporate philosophy “The soul of Dell” and bases its sales around types of customers who include: consumer sales, corporate computers, and storage servers. Sales channels include the internet, catalog sales, inside, outside and corporate account salespersons. The goal is to filter the customer to the appropriate sales channel, rather than “stealing” the sale. (Keenan, 2000).
The central premise is the satisfaction of the customer in all interactions. The salespeople act as the single point of accountability, and will work with the customer until the product is delivered. If there is a problem with the unit after the sale, the culture continues with the Support person working until the issue is resolved. The salesperson is constantly learning all new product offerings and receives training on such topics as sales, communication, and general people skills.
Sales incentives vary depending on the segment, even though all sales personnel are paid a base salary and are further compensated by sales commissions. Additional perks include simple perks such as a pizza party, to extreme merits such as lavish vacations, and rental on luxury cars. (Walker, 2002). These types of perks, along with the training session are all an effort for Dell to give its sales force a greater incentive to serve the customer.
It is this dedication to the customer, and indirect incentives that can be modeled by Riordan to improve sales and departmental moral.Ethics and United Healthcare – Jeffrey OliverUnited Healthcare has been one of the most profitable companies in America behind the likes of Exxon-Chevron and Wal-Mart. United Healthcare CEO Dr. William McGuire has guided the company to record profits. When discussing the impact of ethics on the determination of compensation and the rewards system, the 58-year-old Dr. McGuire who will relinquish his position as chief executive officer of United Health Group Inc., the nations second largest health-care company. Dr. McGuire is leaving due to his “huge awards of stock options which got a boost in value because they were issued on one day but priced as if theyd been issued earlier, when the stock price was lower. The report said his option grants were likely backdated” (CBNNews.com – Health and Science, 2006).
Nevertheless, in leaving UHG, Dr McGuire who earned $8 million a year in salary plus bonus, enjoyed perks and he amassed one of the largest stock-option fortunes of all time 1.6 billion. He is guaranteed “$6.4 million exit fee, $5.1 million for life, and if he dies his wife receives $2.55 million a year for life and life-time healthcare coverage, healthcare for his kids until age 25, use of his supplied aircraft, company paid office and secretary for three years, company paid allowance for tax-planning financial planning, and finally company paid allowance for security.” (Westby, 2006). Unfortunately, Dr. McGuire is no different than other CEOs who have taken advantage of their position and receive eccentric compensation and bonuses; such as past CEO for General Electric, Jack Welch.
In summary, Dr McGuire who had an exceptional legacy running United Healthcare and making it one of Americas top healthcare companies is leaving the company due to his involvement in the stock purchase scandal. However, as CEO he implemented “employee value plans”, “excellent pay for performance”, and exceptional executive pay plans all of this to benefit or pad his own portfolio.
Motivation, Career Development and General Motors – Anthony BertramTotal rewards packages supplied by corporations are often reasons why employees stay with the company or decide to work for the company in the first place. Reward and benefit packages include but arent limited to health care coverage, pensions, pleasant work atmosphere and competitive wages. These “perks” as they are called help the employee feel more a part of the company and help to motivate the employee to take more care in his/her job and provide a better product to the consumer. However when employers are no longer able to uphold their part of the deal, workers become unsatisfied and there is a loss of company revenue and employee turnover.
GM is the biggest supplier of automobiles the United States and the second largest publicly owned company in the world. GM has been plagued in recent years with declining profits and increasing costs. These problems stem from a variety of issues. “GMs product mix in the U.S., heavily weighted toward trucks, pickups, and SUVs, is on the wrong side of gas prices. It is up against a formidable and sometimes militant union whose ability to accept the full reality of GMs problems is not assured and gravely, it is burdened by health costs, which it supplies for a population bigger than Detroits–that is, for a total of 1.1 million employees, retirees, and dependents” (Loomis, 2006). Employees and the Union are unwilling to change their rewards packages. GM is looking for a way to change the companys total rewards packages in order to return the company to profitability and keep employee moral positive in order to produce a quality product. These changes need to be inline with keeping the union happy while being financially beneficial to GM.
Ethics, Compensation and Wal-Mart – Dawn Coffinberry“Were all working together; thats the secret. And well lower the cost
