Question

Develop a compensation and appraisal system for an International McDonald"s restaurant business.

Answer 1

McDonald's is one of the most successful brands across the globe which use effective management for global expansion as well different services and applications of their strategies. To enter new market shares and to gain a share of the foreign passport market, mcDonalds has developed extremely good environment for their operating structure.
McDonald's has been very high quality structure for delivering Quality Services to its customers as well as it has also provide better employment for their employees and to create a more intuitive working environment which is focused on creating and ethical working place which increases the overall productivity as well as efficiency of the organisation.
Permission is to be the best employer to fix the people and the specific immunity in which they are operating. McDonald's to be more productive towards the society by increasing the overall level of employment for its employees.
Delivering operational excellence in each of the restaurant which is operated by McDonalds is also there one of the main competitive advantages as well as mission statement for creating a more intuitive working environment for their employees.
For McDonald's providing a base pay topping up with incentive pay as well as long term incentive would be very beneficial as it is working in different structures and in different countries.
By providing non monetary incentives, encouragement could be given to the Employees for better performance inside the organisation as well as recognition programs could also be developed for McDonald in international markets to be more successful for providing working environment for its employees in a positive way.
Another approach for compensation and appraisal programs would be health and protection with vision supplements as well as different dental and short and long term disability involved in an organisation. Employment and depending Life Insurance as well as accidental death and dismemberment insurance is also another core strategies that McDonald's could occur to be more productive for its future.