Xcel Energy

Running head: Xcel Energy Xcel Energy Kaplan University MT203: Human Resources worry Dana Williams April 8, 2012 Xcel Energy Introduction Xcel Energy is public electricity and inherent gas Comp some(prenominal) that is immorald in Minneapolis, manganese Xcel Energy high society generates electric power and transmits, electricity and natural gas divine service to customers to octette different states around the country. The eight states that Xcel Energy connexion offer services to atomic number 18 Colorado, Michigan, Minnesota, certain 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 pass along in the country. Xcel Energy has decided to implement merit bonuses; which argon paid for individual, group and corporate performances. A s ystem of linking learn increases to ratings on performance appraisals (Noe, Hollenbeck, Gerhart, & Wright, 2009). Answer to question #1 base on the information given I do displace with managements conclusion that merit fabricate can support Xcels strategy crack than contributeing for specks.

The reason that Merit pay support Xcel strategy break out than insinuation is because Management and stellar(a) cast an opportunity to keep communication open and departure to promote and support new and fresh ideas, making safe employees are comfortable enough to share ideas and are raise to make their brain work and come up wit h better ideas and suggestions. Xcel was pay! ing for all type of suggestion even if the suggestion was not even relevant to the situation at hand. If employees recreation with that they will constitute pay for suggestions they will put either and everything down in order to earn that incentives causing the union money for irrelevant suggestions. Now the company will bemuse more constraint over how they reward their employees for suggestions. (Noe, Hollenbeck, Gerhart, &...If you want to live a full essay, order it on our website: BestEssayCheap.com

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