Compensation Plan Outline Assignment Example | Topics and Well Written Essays - 1000 words

Compensation Plan Outline - Assignment Example The following is an outline of Kellogg’s compensation plan. Kellogg is the world’s number one producer of cereal, snacks, and frozen food producer including, crackers, cookies, cereal bars, fruits, flavored snacks, toaster pastries, veggie foods, and frozen waffles. In order to motivate its employees, the company has come up with a compensation plan, which provides eligible workers with a competitive form of retirement benefits depending on the years of service and pay and improve the performance of the employees. Kellogg Company uses a variety of equity-based compensation plans to provide long-term compensation to employees (Zoltners, Sinha, & Lorimer, 2006). Currently, the company’s incentives comprise of only stock options and executive performance shares, stock grants, and restricted stock units. In addition, Kellogg Company compensates employees for tax equalization payments, travel and home leave allowances, adjustments for cost of living, moving and relocation allowances, utilities and housing allowances, and hardship pr emiums and foreign service allowances (Harding & Rovit, 2004). Kellogg Company agrees to give compensations and benefits, according to the terms and condition of the Company’s benefit and compensation rules and regulations. Employees warrant and represent that an employee has gone through the compensation plan and understood its application and meaning. For the purpose of the compensation plan, employees in Kellogg Company agree that.A worker shall receive compensation and benefits as according to the compensation plan. According to the compensation plan of Kellogg Company, employees should receive compensation pay, which is equal to two operational years of target bonus and base salary. Such compensation amount shall be paid to employees under equal install aments as from the departure date (Plunkett, Jack, & Plunkett, 2009). According to Kellogg Company, then the

Dq-Sheila Essay Example | Topics and Well Written Essays - 1500 words

Dq-Sheila - Essay Example Qualitative research is categorized as studies conducted in order gain an understanding of phenomenon based on their environment and their interaction with the environment. Another important feature of this research is that those conducting the study have to make their own effort to collect as well as analyze data. These studies are based on observations so the researcher has to himself visit the settings in order to observe constructs and their behaviors (Tracy, 2013). This form of research is conducted for inductive purposes. This means that this type of research helps in developing theories as well as hypothesis that is used in further researches. For example a study was conducted by Heslehurst et al. in which the researchers tried to understand the perception of healthcare practitioner’s regarding ways through which maternity services can be further developed (Heslehurst, 2011). For this study the researchers personally interviewed 30 participants and they identified that maternity services can further be developed in order to counter obesity among pregnant women by increasing communication between private and public healthcare organizations. There are major differences in the characteristics of both qualitative as well as quantitative researches. The quantitative ones are objective in nature and the qualitative ones are subjective and the quantities ones try to answer the question of how strong is the connection between environment and the phenomenon, while the qualitative ones only focus on why the phenomenon occurred and the definition of the phenomenon. The quantities ones focus on identifying whether the theory developed through qualitative research is true or false. The outcomes of the study in quantities are based on statistical tools, while in qualitative study the outcome is interpreted by the researcher. For example a quantitative study was conducted by Van den Broeck et al. in