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Human Resource Management
Semester: Fall 2018
Graded Discussion Board No. 1
Due date: February 06, 2019 Total marks: 5 Marks
A Pharmaceutical Company hired Mr. James as a new HR Manager. James identified some potential problems in company policies. As the new human resource manager, James planned to change the individual-based approach towards team-based work. James developed the new management team which comprised of quality control, manufacturing, distribution, marketing and human resource managers. They drafted a new mission statement for the company that focused on developing a team based and high performance culture. Teams trained, worked and developed plans together and adopted the technique of 360-degree feedback. Mr. James also decided to change one more policy related to employee compensation plan. James felt that in a team-based environment, outstanding performance should be the criterion for pay raises instead of the same annual pay rise. After consulting with the CEO of the company, James sent a notification to all employees declaring the change to team-based pay-for-performance. But not a single employee was happy with the change.
Keeping in view the above scenario, do you think that the team-based pay-for-performance plan is a good idea? Support your answer with logical reasoning.
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