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If we take the example of the machine shop I think that we could increase the level of pay
for each employee by up to 25 per cent and change the basis of pay towards 60 per cent
basic and the remainder based on profit share. This would lower our fixed costs.
Item seven
From D Grayson To Managing Director
Pensions. Many of the staff that have served the company over the last five years feel that
we are being left behind our contemporaries that have good company pension schemes. It
surely would be worth considering introducing a good scheme for all employees as this
would ensure that individuals would stay with the company for many years. The cost of
introducing such a scheme would surely not be excessive.
Item eight
From B Buck To Managing Director
Share ownership. You asked for suggestions at last Monday's management meeting
concerning possible improvements in the working environment and improvement in
employee attitudes.
Other companies have introduced successful share option schemes to management and
to the shopfloor.
Item nine
Dr Mann, Burke Germany to Managing Director
Market visits. You asked for suggestions concerning motivation. With you as an exception,
we do not see enough of senior management taking an interest in the German market. Our
salesforce would certainly appreciate a greater involvement from head office.
Item ten
J Porter to Managing Director
Labour turnover and promotion prospects. We are suffering from an increasing level of
turnover in skilled staff, which will have consequences for future development of the
company. Part of this turnover appears to be accounted for by the lack of promotion
prospects open to skilled staff, as there remain few opportunities for advancement to
senior levels within the company. We need to look at this area very closely as part of our
overall personnel policy to ensure that we achieve minimum levels of turnover where the
company can least afford it, and perhaps a higher level of turnover elsewhere (such as in
junior management).
Employee appraisal reports
O Lee.
Current position: Project engineer employed with new product development team. Age: 28.
Number of years with company: 1. Reporting structure: Production Director via
Development Manager. Line responsibility: None. Staff responsibility: Sales, marketing,
customer, finance, production. Past history: Graduate Boringham University, 5 years with
main competitor as technical sales manager. Special skills: Special knowledge of
computer aided design and manufacturing. Years in current position : 1.
Training over last year: Induction and 15 days on advanced composite materials. Current
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