Employee Motivation at Riordan

Paper Summary:

The paper begins with a lengthy quoted passage on Riordan Manufacturing's organizational background and organizational structure. The paper then evaluates the issues the company is facing that have an impact on the company's organizational effectiveness and looks at the benchmarking alternative to assist in resolving Riordan's issues within the organization. The paper proposes a comprehensive motivation and rewards strategy model that should decrease turnover rates, maintain satisfied employees and attract the most qualified employees to join the company.

Outline:
Background
Evaluation of the Problem/Issues
Alternative Problem Solution through Benchmarking
Proposed Motivation and Rewards Strategy for Organization Effectiveness
Conclusion

From the Paper:

"Riordan Manufacturing is a global plastics producer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Production is divided among three plants: plastic beverage containers in Albany, Georgia; custom plastic parts in Pontiac, Michigan; and plastic fan parts in Hangzhou, China. Research and Development is conducted at corporate headquarters in San Jose, California. Riordan's major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers.

Sample of Sources Used:

• Alliance for Work-Life Progress. Work & Life. Retrieved on May 5, 2008 from http://www.awlp.org/awlp/about/html/aboutus-whatis.html
• Dreher, G., & Dougherty, T.W. (2001). Human Resources Strategy: A behavioral perspective for general managers. New York. The McGraw-Hill companies.
• Incentive Motivation. Retrived on April 26, 2008 from http://www.1000ventures.com/business_guide/crosscuttings/motivating_incentive.html.
• Milkovich, George, & Newman, Jerry. (2004). Compensation, 8e. New York: The McGraw-Hill Companies.
• U.S. Office of Personnel Management. Work/Life. Retrieved on April 24, 2008 from http://www.opm.gov/employment_and_benefits/worklife/.

More papers on Employee Motivation at Riordan:

• Term Paper # 99867 : "Riordan Employee Motivation"
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• Case Study # 103149 : "Riordan Manufacturing: Benchmarking"

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