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Paper Topic:

1. Future Trends in Employee Motivation and Compensation

Examine future trends and compensation models or plans and discuss how these will affect your Starbucks industry

Compensation models or plans are based on the goals achievement of employers and employees such that organizational growth and development of business is the sole objective of an employer whereas employee seeks for satisfaction in job , pursuance of career and good monetary benefits Compensation models are based on productivity and dynamic attitude of an employee whereas employer expects to receive tax benefits , cost cut in recruitment , labor cost control , abiding by the legal requirements

and regulations of government and such other benefits that an employer expects to derive by offering compensation models . Apart from these individual performance and overall employee turnover and contribution to the growth of an organisation also are dependent for fixing compensation to employees . Some of the other factors that enable an employer to develop a compensation model are , attendance , performance excellent communication and good practice of organizational behavior are all observed in employees as a part of compensation model . This also varies in organizations depending on the kind of activity that a corporate organization is engaged in . Compensation models are also designed basing on physical activity and exertion such as inventory stores management , transport management , loading unloading of goods marketing jobs or mental activity such as accounting jobs , taxation jobs , desk jobs on computers and other administrative jobs . A basic difference between the two is physical exertion does require more energy and strength to travel from one place to another and the kind of stress is more whereas for mental activity jobs , more number of working hours release and result in mental stress although short intervals of break can takeoff the stress such as coffee time , lunch or snack time in offices . It also depends on the capacity of an individual (COO , CFO CEO ) in possessing the potential ability to handle and administer various tasks and matters in an organized manner without exercising or expressing stress . Atmosphere or working environment in an office carries a good importance which motivates each worker to perform well therefore , compensation model is designed considering all these factors with the growing trend of globalisation wherein different cultures traditions and different education background employees come together for the purpose of work

Organsations must keep ahead with changing times by adopting new emergence of employee compensation methods and Starbucks . The compensation received by James L .Donald , at Starbucks is 8 , 908 ,636 as President of North America . The compensation includes Basic pay , Bonus Annual compensation , and other benefits . Starbucks has a huge workforce as part-time and full-time workers who may at regular intervals demand for hike in pay or raise an issue for more monetary benefits . In such instance , employees are expected to perform with efficiency , by giving regular attendance , attending to customers appropriately and in maintaining a code of conduct , whereby if the management is satisfied starbucks would improve its compensation to its workers

b . Recommend a strategy for ensuring that the reward system continues...

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