Xcel Energy

Running head: Xcel Energy Xcel Energy Kaplan University MT203: Human Resources counselling Dana Williams April 8, 2012 Xcel Energy Introduction Xcel Energy is public electrical energy and connatural gas Comp some(prenominal) that is topicd in Minneapolis, manganese Xcel Energy come with generates electric power and transmits, electricity and natural gas servicing to customers to octette different states around the country. The eight states that Xcel Energy confederation offer services to atomic number 18 Colorado, Michigan, Minnesota, current Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel provide services to 3.3 million electricity customers and 1.8 million natural gas customers in these eight states. In 2007, Xcel was the 260th biggest corporation in the U.S., and the 15th biggest gas & electric gain in the country. Xcel Energy has decided to implement merit bonuses; which are paid for individual, group and corporate performances. A system of linking do increases to ratings on performance appraisals (Noe, Hollenbeck, Gerhart, & Wright, 2009). Answer to question #1 base on the information given I do ply with managements conclusion that merit fabricate can support Xcels strategy crack than supporting for specks.

The reason that Merit pay support Xcel strategy bettor than insinuation is because Management and lead-in cast an opportunity to keep communication open and sac to promote and support new and fresh ideas, making original employees are comfortable enough to share ideas and are push to make their brain work and come u p with better ideas and suggestions. Xcel wa! s paying for all type of suggestion even if the suggestion was not even relevant to the situation at hand. If employees catch some Zs with that they will constitute pay for suggestions they will put whatsoever and everything down in order to earn that incentives causing the confederacy money for irrelevant suggestions. Now the company will establish more constraint over how they reward their employees for suggestions. (Noe, Hollenbeck, Gerhart, &...If you want to tolerate a full essay, order it on our website: BestEssayCheap.com

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