Xcel Energy

Running head: Xcel Energy Xcel Energy Kaplan University MT203: Human Resources solicitude Dana Williams April 8, 2012 Xcel Energy Introduction Xcel Energy is public electrical energy and native gas Comp some(prenominal) that is anchord in Minneapolis, manganese Xcel Energy union generates electric power and transmits, electricity and natural gas supporter to customers to octette different states around the country. The eight states that Xcel Energy joint offer services to atomic number 18 Colorado, Michigan, Minnesota, on-going 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 gain in the country. Xcel Energy has decided to implement merit bonuses; which argon paid for individual, group and corporate performances. A system of link ing raft increases to ratings on performance appraisals (Noe, Hollenbeck, Gerhart, & Wright, 2009). Answer to question #1 base on the information given I do serve with managements conclusion that merit fabricate can support Xcels strategy crack than fall ining for specks.

The reason that Merit pay support Xcel strategy divulge than mesmerism is because Management and booster cable cast an opportunity to keep communication open and pink slip to promote and support new and fresh ideas, making secure employees are comfortable enough to share ideas and are incite to make their brain work and come u p with better ideas and suggestions. Xcel wa! s paying for all type of suggestion even if the suggestion was not even relevant to the situation at hand. If employees calmness with that they will constitute pay for suggestions they will put each and everything down in order to earn that incentives causing the caller-out money for irrelevant suggestions. Now the company will construct more constraint over how they reward their employees for suggestions. (Noe, Hollenbeck, Gerhart, &...If you want to catch up with a full essay, order it on our website: BestEssayCheap.com

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