Saturday, February 15, 2020

Superior Foods Essay Example | Topics and Well Written Essays - 1000 words

Superior Foods - Essay Example As the study outlines to maintain competitiveness, 25% of daily-wage production workers had to be dismissed for next 3-4 months until the bans would remove and production process resume. The company is bound to reduce existing number of production employees because of changes in external environment; however, the old workers could be hired again once Superior Foods comes out of crisis. In this way, employees could be mentally prepared and would possibly not portray strong resistance. The communication would enable to maintain relationships, confidence and trust over employers, because they could be recruited again once the situation comes under control. From this study it is clear that it would be better to use an indirect approach to communicate negative message or news with employees working at production plants. Indeed, the reporter would start with a positive note to recall the value workers receive at Superior Foods. He would then explain all the recent market changes and reasons that have compelled the international food producer and exporter to take tough decisions to restore competitiveness in food industry. This would help making workers mentally prepared about any expected negative news from strategic planners. Then, the reporter would convey the bad news so that workers could assimilate this shock and accept the motives behind that decision. Finally, the message would end on a positive note with a reassurance to valued employees that they could rejoin Superior Foods after relaxation in bans and improvement in business prospects. As you all know that our company Superior Foods pay special attention to its valued workers an d opt for their welfare and well-being. However, we have been writing this letter to communicate recent changes that have taken place in our domestic (USA) and global markets. First, the mad cow disease has negatively affected our purchases of animals followed by reduction in supplies from partners / suppliers.

Sunday, February 2, 2020

Assignment and paper draft Essay Example | Topics and Well Written Essays - 1250 words

Assignment and paper draft - Essay Example The effects are analyzed from the perspective of employees, employers, and the government. Each of these players has a different view regarding high minimum wage. The paper uses an exploratory approach to finding relevant facts related to the study. Sources such as books, press releases and Low Wage Commission reports were perused in order to strengthen the understanding of the concepts at hand. Jobs whose value cannot be sustained in the face of the minimum wage are likely to be eradicated. Employers may fail to pay the high wage rate for jobs that are not essential to a company. Scaling back the number of employees will in turn increase social dependency. Also, it reduces the purchasing power of individuals thus stalling economic growth. High wages stimulated mass consumption because people have more purchasing power. Mass consumption leads to excess demand. In order to satisfy the demand, industries expand and also start new plants. The effect is an increase employment and also the national income. The calculation of minimum wages considers the severity of inflation and other economic conditions. As such, setting a high minimum wage places all the employees above the poverty line. The minimum wage is set at a value where people can afford the necessities to live a comfortable life. All these add up to better living standards. According to Waltman, business costs increase as a result of an increase in the minimum wage. Some business are unable to maintain the high cost of human resources (19). As a result, they tend to increase the prices of commodities in order to maintain their profitability. A 2010 study conducted by the Low Pay Commission of the UK concluded that high minimum wage reduces the wage gap between the highly paid and the lowly paid workers (39). The Commission found that 40 percent of the lowly paid workers were moving towards the middle-income status. The above discussions show that the