Management Labor

Proposal for JVA Corporation:

Review and make any necessary changes to the guidelines for performance management within JVA Corp. First review the mission and goals for JVA Corp. Then review the requirement of each employee. A review of compensation packages is also necessary, so evaluate commission packages, expenses covered, perks, and necessity of onsite amenities that are currently covered.

Some of the changes in this proposal will be temporary and other will be permanent especially in the appraisal system. I suggest a modification in the performance management department that will restructure the addition benefit package.

Employees will lose some with the reduction on pay raises and other amenities, but in the long run it will save jobs. While saving JVA Corp. 2% to 3% on the net spending on bonus and other amenities.

These changes will cost some dissention at first due to pay raise being cut and other amenities being lessen, yet in the long run these measures will save jobs. The implementation of new strategy can affect JVA corp. due to lack of incentives or raises because it can discourage to employees and their productivity and motivation may get low.

The international employees will be part of this change also. Recession is affecting every nation so JVA need to implement the changes globally. It does not matter that employees are US based or have international location, the change of strategy will be same for all otherwise it can bring frustration amount other employers and employees.

As JVA Corporation is facing 17% net lose in their income and demands to cut the perks from 8 to 5 % so it will be crucial to bring effective change in the compensation system of organization.

The crucial aspect of the strategy is that the all the changes that have been mentioned in JVA co-operation will continue until the recession of economy get recovered. It's clear that the strategy I will refer best matches to the second strategy which needs to focus on "Performance, as well as revenue, that is reviewed every 6 month" As the economy get recovery prior strategies will take place again.