Hypothetical Disney Venture - Compensation
Here is the compensation program for our three Disney managers that will be setting up our new Disney Resorts and Cruise Line in the city of Port Royal in the Caribbean.
To begin with, let’s start with an overview of our compensation plans strategy and goals. At Disney we believe compensation is a sign of our member’s worth and an improver of self-confidence, performance and the shared vision. A comprehensive rewarding compensation plan is a key factor in the ability to retain our talent. In this project we have also to develop equity and consider the laws, tax structure, sociology, values and political environment of the Caribbean. We have evaluated differences in compensation systems between our Disney culture and the host country culture in order for our members to develop an understanding of the rewards, benefits and remunerations they will receive in creating the Happiest Resort in Port Royal. Also, we will discuss how our performance, goals and objectives to create a business partnership with the Caribbean community will enhance and motivate their performance and the compensation they will receive.
Disney’s compensation strategy focuses on:
* Acquisition, development and retention of our talent.
* Facilitating assignments.
* Establishing equity between assignment, attitude and performance.
* Establishing understanding of the equity relationship with the culture of similar businesses in the Caribbean.
* Considering the social system and the economic structure of the host country in creating compensation packages that drive our new venture and are integrated properly within the framework of our capital investment in the Caribbean tourism industry.
* Provide generous bonuses and allowances for maintaining the happiness, health and quality of life of our members that will lead to a successful start to Disney Port Royal Resorts and Cruise Line destination.
* Create trust, openness and transparency with our members and our new
To begin with, let’s start with an overview of our compensation plans strategy and goals. At Disney we believe compensation is a sign of our member’s worth and an improver of self-confidence, performance and the shared vision. A comprehensive rewarding compensation plan is a key factor in the ability to retain our talent. In this project we have also to develop equity and consider the laws, tax structure, sociology, values and political environment of the Caribbean. We have evaluated differences in compensation systems between our Disney culture and the host country culture in order for our members to develop an understanding of the rewards, benefits and remunerations they will receive in creating the Happiest Resort in Port Royal. Also, we will discuss how our performance, goals and objectives to create a business partnership with the Caribbean community will enhance and motivate their performance and the compensation they will receive.
Disney’s compensation strategy focuses on:
* Acquisition, development and retention of our talent.
* Facilitating assignments.
* Establishing equity between assignment, attitude and performance.
* Establishing understanding of the equity relationship with the culture of similar businesses in the Caribbean.
* Considering the social system and the economic structure of the host country in creating compensation packages that drive our new venture and are integrated properly within the framework of our capital investment in the Caribbean tourism industry.
* Provide generous bonuses and allowances for maintaining the happiness, health and quality of life of our members that will lead to a successful start to Disney Port Royal Resorts and Cruise Line destination.
* Create trust, openness and transparency with our members and our new