Compensation Plan for Kudler Fine Foods

Essay by rlundayUniversity, Master'sA+, September 2011

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Running head: COMPENSATION PLAN FOR KUDLER FINE FOODS

Compensation Plan for Kudler Fine Foods

University of Phoenix

Compensation Plan 1

Compensation Plan for Kudler Fine Foods

Kudler Fine Foods (Kudler) is a local upscale specialty food store located in the San Diego metropolitan area. They have three locations; La Jolla, Del Mar, and Encinitas. Each store is located in a fashionable shopping center. They have the very best domestic and imported fare at every location, in which includes upscale gourmet food such as fresh meat, sea-food, cheese, specialty dairy products, fresh baked products, and pastries. Kudler's mission is to "provide our customers the finest in selected foodstuffs, wines, and related needs in an unparalled consumer environment," (Apollo Group, Inc., 2011, p. 1). Also according to Apollo Group, Inc., (2011), the company has just finished restructuring its organizational strategy. Kudler has developed and implemented a new customer service strategy that will enable associates of the grocery store to be considered frontline customer service agents.

This is in an effort to provide every customer with the highest level of customer service available in the industry. This paper discusses how the components of a recommended compensation plan can help Kudler achieve its new strategy. It states the message that a compensation strategy conveys to employees and recommends an administration approach for Kudler's human resources function. This discussion includes how the recommended compensation plan will be carried out and implemented within the Kudler Foods organization. Also addressed are the job analysis, using the job position and new job descriptions, the job design, which includes the Job Based and Person Based Assessment, a discussion on the competitive compensation rates in the market, and performance evaluations at each level within the organization.

Responsibilities

Kathy Kudler has the overall responsibility for implementing this compensation...