Given that Ravi has no access to immediate funds and cannot give salary increases to other employees,
Question:
Given that Ravi has no access to immediate funds and cannot give salary increases to other employees, what should he do next? Clearly outline a strategic plan of action that he should follow.
Ravi Singh sat at his desk and wondered what his next steps should be. As the manager of the accounting department at Auto Parts Inc., he noticed that his employees were not as happy and engaged as they were just months ago and was troubled by the resignation letter he was just given from his senior accounting analyst, Tracey.
Auto Parts Inc. had been in business since 2008 and was 1 of 2 companies in Halifax that sold after-market car parts. The company was able to purchase these used products from car dealerships and salvage yards at a reasonable price. Therefore, a healthy profit margin was available, and the company had been very successful for numerous years. In total, 40 people were employed, and Ravi’s accounting department had a staff of 6 people. This group of 6 included Ravi (as the manager), 2 clerks, 2 junior analysts, and 1 senior analyst.
Step by Step Answer:
Understanding Human Resources Management A Canadian Perspective
ISBN: 9780176798062
1st Canadian Edition
Authors: Melanie Peacock, Eileen Stewart, Monica Belcourt