highly qualified employees and competitive compensation ‚ including upon hire: paid time off ‚ merchandise and wireless discounts‚ credit union‚ career progression ‚ continued learning and development ‚ educational discounts ‚401(k) Plan. Medical‚ Dental and Vision Plans Flexible Spending Accounts‚ Life/AD&D Insurance‚ Short and Long Term Disability. This all sounds great‚ they offer things we all look for in an employer ; a competitive compensation and perks. So how does this huge corporation
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performance of RadioShack in the specified period * Managerial problems facing RadioShack in the specified period. From this report we hope to give a concise representation of what happened in RadioShack in the years2004-2006. As a group of consultants we aim to identify problems facing the company. Along with this we will provide solutions and recommendations to these problems based on our assessment. Introduction: Radio Shack is a consumer electronics goods and services retailer that
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Introduction The company was started as Radio Shack in 1921 by two brothers. They are Theodore and Milton Deutschmann who wanted
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the story about the forged academic credentials of Dave Edmondson‚ CEO of Radio Shack came it re-ignited the mistrust. This paper will provide a brief background of the scandal and detailed analysis of the ethical issues involved and whether the actions taken by RadioShack were ethical or not. Background: Dave Edmondson was on a fast career track and was named CEO of Radio Shack in May 2005. In February‚ 2006 Radio Shack announced that its CEO‚ David Edmonson has resigned over questions raised
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Executive Compensation: An agency problem: The globalized world of today has seen many scandals derived from the compensation schemes that are granted to top-level executives from their respective organizations. The compensation policies put in place in organizations are a result of a fundamental agency problem‚ the problem being that of the principal and the agent relationship. The issue arises due to the principal who hires the agent to perform day-to-day management tasks and oversee operations;
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Recently Radio Shack has undergone a makeover during the last year and the result has been a noticeable improvement in their prospects. Radio Shack has always been steady through the years. There seems to be franchises in every mall or around the corner. As of recent‚ Radio Shack has transformed their approach on the market place and is seeking new challenges. Upon reshaping their image‚ Radio Shack has seen their total net sales and operating revenue for 2009 increased to $4.28 billion compared
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A great sales team and the right compensation plan to keep sales people motivated is critical to helping business grow and prosper (Daniel‚ 2008). InterClean will create a new compensation plan and the goal is to reward sales success while motivating increased sales performance and providing a competitive‚ yet affordable reward levels. Rewards bridge the gap between organizational objectives and individual expectations and aspirations. To be effective‚ the new reward system will provide (1) a sufficient
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| Employee Compensation and Benefits | Patrick Blackwater | | Grand Canyon University – MGT 434 | 11/10/2012 | | Human Resource Management is responsible from developing job and pay structures for internal and external comparison so accurate job descriptions are developed and evaluations can be done so proper pay scales can be implemented. Job structure is a comparison of employee job descriptions of similar and varied jobs (Robbins‚ 2005). Pay structure is based on internal
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Annette Slaughter College Writing Skills with Reading Instructor: Gayle Ellis 14 February 2010 The workers’ compensation system was created to protect the injured worker; however workers are treated unfairly‚ refused services‚ and subjected to additional stress. The workers’ compensation system was created to protect the injured worker‚ or that is what the government had intended it to do. It is the oldest social insurance program‚ and it was adopted by most states in the second decade
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MGT 615 Radio Shack Case Page 1 of 5 Discussion Questions 1. Evaluate this situation from the view point of David Edmondson’s ethical leadership. What could Radio Shack have done differently? In this world some people want money and power. To gain these two things often people choose the wrong ways. David Edmondson is one of them‚ because he cheated on his resume. David Edmondson is a fraud that means he is not an ethical leader at all. Because of Edmondson’s cheating his company RadioShack faced
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