Wage Determination & Administration FASTCAT PHASE –I Submitted by Group 20 (HRM-B) Honeydeep Singh Sabharwal H11080 Neha Londhe H11092 Rahul Balyan H11103 Rahul Krishnan H11104 TwisamDatta H11116 1 Executive Summary We recommend an egalitarian‚ flexible internal structure to achieve objectives. A set of compensable factors are identified and weighted as per the strategy of the company. Special emphasis is on taking forward the core competency of FastCat which is providing superior quality software
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FASTCAT FastCat: Phase 1 “High-Five” Compensation Package 1 October 2013 In Phase 1 of the FastCat Compensation Case‚ our team has included our recommendations regarding strategies‚ objectives‚ the formation of an internal structure‚ and an implementation plan that will allow a seamless transition from FastCat’s previous compensation structure‚ which was nearly non-existent‚ to the proposed structure our team of compensation specialists is proposing. INDEX Executive Summary Pg. 2
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FastCat Compensation Plan Phase I February 10‚ 2013 Presented By: The Compensation Group Table of Contents Executive Summary 2 Recommended Compensation Plan Objectives 3 Strategy for Internal Alignment 4 Job-based Plan 5 Compensable Factors 6 Internal Structure 11 Picture of Internal Structure 12 Execution/Manual 21 Rationale/Evaluation of Recommendations 22 Executive Summary FastCat’s mission is to exceed customer’s expectations of value‚ dependability
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Phase 1: Objectives Report FastCat‚ founded in 2001‚ is a successful company that creates software specifically for the medical field. Targeting small to medium sized companies‚ FastCat was able to expand fairly quickly to 200 employees and earn revenues of 36.5 million dollars. The success FastCat obtained also brought heavier competition such as bigger companies like IBM and Oracle. FastCat realizes they need to become more innovative in their software design along with keeping their employees
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Marketing Plan: Phase III Paper Marketing MKT 421 April 21‚ 2008 Marketing Plan: Phase III Paper A clear vision and strategy has been developed for Gatorade’s new energy drink the Drive Energy Drink. With that said‚ the next step to developing the product is to determine the attributes‚ the product life cycle‚ and positioning and price strategy of the product. Knowing the right look and feel of the drink can increase sales and use of the product. How will the product be introduced to the
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Marketing Plan: Phase III MKT/421 March 26‚ 2014 Jim Stewart Marketing Plan: Phase III House plants are looked at in by most as decoration in their homes. The Filter Factory Outlet Store is now bringing this product more attention on the specifics of what they will do for your indoor air quality. Pricing this new product is important to the company because it is sold virtually everywhere. Providing the education is the key to higher sales of plants in the Filter store. Product According
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FastCat Phase I Roadmap/Requirements Note: The casebook is necessary to address what is required here‚ but it also asks you to answer questions and go in directions that I do not require. For your Phase I deliverable‚ complete sections I through IV from this sheet for Phase I. Be sure to complete each item. Use the casebook but do not let it lead you away from these issues. The text can be single-spaced (12 point font) with 1 inch margins. Make liberal use of tables‚ bullets and headings to
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Fastcat Phase 3 Design Merit Pay It is vital that FastCat employees understand how merit pay works. Ensuring they are educated about the pay system will give them a clear understanding of how each person is paid and will show them that each employee has the same potential to move up the pay scale by attaining more education‚ increasing their skill level‚ being accountable and having good communication with customers. During employee orientation‚ new hires will be provided both verbal and written
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"LA Fitness grew out of three clubs‚ each owned by one of the founders. In 1990 Fred Turock‚ Jeremy Taylor and David Turner decided to get together to jointly manage these clubs‚ with the aim of building up a network of gyms with first class facilities. In 1996 they created the LA Fitness brand and the following year they joined the top ten health and fitness club operators‚ catering to a wide variety of people of all shapes and sizes and with a huge range of goals. In 1999 the growth and success
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Petco Marketing Plan Phase III Team B MKT/421 July 24‚ 2013 Do. Smith Introduction Petco is in the process of developing a product that is about to be introduced into the market world for the aid of pet allergies. This product is called Sneeze-Free. Petco’s intention for this product is for the potential to improve the lives of individuals who have allergies to pets. Sneeze-Free can also make it possible for individuals who cannot own or be around pets because of allergies‚ have more of
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