answersLogoWhite

0

What else can I help you with?

Continue Learning about Management

What causes conflict between employees and stakeholders?

As you probably know, stakeholders are the owners of the company. The employees work for the company and are compensated as such. Ideally, everyone gets along--employees feel appreciated through their pay and work, and stakeholders reap profits. Conflicts occur when the trust breaks down. Specifically, a shareholder may want to take money out of the company (in a dividend, for example), and the employees may feel a bonus for employees would be a better use of the money. The most common example I can think of is company expenses: stakeholders want a lean-and-mean company, and employees would enjoy more money be spent for their sake--higher benefits, award programs, etc. If these problems continue, both sides lose. A company without decent employees will not make money for the stakeholders, and eventually they will have to lay off employees because there is not enough money to pay them. That equals no money for stakeholders and no jobs/money for employees. A smart company will find a way to align the stakeholders and employees desires. Give employees some ownership in the company, or at least give them bonuses for running a tight ship. One thing to remember is that Shareholders and Stakeholders are not the same thing. They both have different meanings and different purposes


What is the normal growth rate of employees in a company?

The average growth rate of employees in a company is 30 percent. Each company can figure out their own growth rate by subtracting the original amount of employees from the new amount, multiplying that number by 100 percent and then dividing the sum by the original amount.


How many employees can their be in a private limited company?

minimum of 500


Why should a manager encourage employees to treat the business as their own?

Usually, the more an employee feels an owenership-type investment in the company, the more they will care, and the harder they will work to make things better.


How can differences among employees actually improve a business?

Differences among employees are better for new ideas. If all employees think alike there will be seldom ideas.

Related Questions

What is your reason for seeking employment with a certain company?

The company might have a better reputation or better benefits for its employees than other companies.


What is mission statement of Hugo Boss?

The mission statement for Hugo Boss focuses on values that are important to both the employees and the company. They also focus on having all employees contribute to make the company better.


What would be your suggestion for better of the company?

A suggestion that might better a company could include offering employees access to better healthcare. Another suggestion could include working toward becoming a sustainable company by recycling and eliminating as much waste as possible.


In the United States can one company be an employee of another company?

Only humans can be employees. The employees of a subsidiary company are also the employees of the parent company, unless the subsidiary is unusually and intentionally independent.


What are the advantages to a business of developing an employee incentive scheme?

A company which offers an employee incentive schemes can benefit from well-trained, loyal, motivated and productive employees. The employees performance and expertise level increases and the company is able to do better because of that.


When was Federal Employees' Distributing Company created?

Federal Employees' Distributing Company was created in 1948.


When did Federal Employees' Distributing Company end?

Federal Employees' Distributing Company ended in 1999.


What influence does stakeholders have on a company's actions?

Depending on what stakeholder it is, a shareholder = company gaining lots of profit consumers = operating in an ethical manner employees = better working enviroment


Two advantages for a company that has salaried employees?

List and explain two advantages for a company that has salaried employees?


How many employees did the Trammel Crow Company have in 2002?

The Trammel Crow Company had 7,100 employees in 2002


How do you put the word employees in a sentence?

There are many employees in that company


What company has over 6000000 employees?

Can't think of any company which has over 6000000 employees. However, IBM has more the 500000 employees world wide.

Trending Questions
How can agile designs be implemented effectively in software development projects? What human resource functions must be performed regardless of the organization's size? If A sales manager has weekends off and has 20 paid vacation days per year including holidays that fall on weekdays. If her salary is 93600 per year what is her pay per workday? What function of your installations planning and management staff collaborates with the installations office of emergency management to ensure they have the appropriate information products and suppor? How many person months will it take to complete the project? What are the 5 key management challenges? What do mean by management development programme? Characteristics of a boundaryless organization structure? How is the close project phase linked to the direct and manage project work? How can you put management in to a sentence? What are the important of management principle? How to create a production schedule effectively? How can project management note taking be effectively utilized to enhance productivity and organization in a team setting? What are some important post mortem questions to consider after completing a project? What organizing trends are changing the workplace? What are some important post mortem project questions to consider for evaluating the success and areas of improvement in a completed project? What is the role of managers in motivating employees? 24. All of the following are benefits of Risk Management EXCEPT? What does strategic importance mean? Contents of management representation letter?