Xcel Energy

Running head: Xcel Energy Xcel Energy Kaplan University MT203: Human Resources concern Dana Williams April 8, 2012 Xcel Energy Introduction Xcel Energy is public electricity and essential gas Comp some(prenominal) that is storeyd in Minneapolis, manganese Xcel Energy family generates electric power and transmits, electricity and natural gas swear out to customers to octette different states around the country. The eight states that Xcel Energy alliance offer services to atomic number 18 Colorado, Michigan, Minnesota, incumbent Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel provide services to 3.3 million electricity customers and 1.8 million natural gas customers in these eight states. In 2007, Xcel was the 260th biggest corporation in the U.S., and the 15th biggest gas & electric gross in the country. Xcel Energy has decided to implement merit bonuses; which argon paid for individual, group and corporate performances. A system of link ing make water increases to ratings on performance appraisals (Noe, Hollenbeck, Gerhart, & Wright, 2009). Answer to question #1 base on the information given I do delineate with managements conclusion that merit fabricate can support Xcels strategy crack than covering for specks.

The reason that Merit pay support Xcel strategy better(p) than hypnotism is because Management and tip cast an opportunity to keep communication open and ignition system to promote and support new and fresh ideas, making rock-steady employees are comfortable enough to share ideas and are countenance to make their brain work and come up with better ideas and sugg! estions. Xcel was paying for all type of suggestion even if the suggestion was not even relevant to the situation at hand. If employees eternal sleep with that they will constitute pay for suggestions they will put every and everything down in order to earn that incentives causing the participation money for irrelevant suggestions. Now the company will gather in more constraint over how they reward their employees for suggestions. (Noe, Hollenbeck, Gerhart, &...If you want to take aim a full essay, order it on our website: BestEssayCheap.com

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