Asked by April Johnston on Jul 06, 2024
Verified
The human resource, accounting, and legal departments of Glorious Software, a company with locations in seven states plus Europe, are working together on developing a profit-sharing plan. Which option for communicating with employees about the plan would be the most practical and effective?
A) Call a meeting of all the employees to discuss the plan face-to-face.
B) Set up a balanced scorecard to measure opinions about the plan.
C) Ask employees not to engage in rumors.
D) Post descriptions and videos on the company's intranet.
E) Hold off on any communications until all employees can be brought together.
Profit-Sharing Plan
A company program where employees receive a share of the company's profits in addition to their regular compensation.
Company's Intranet
A private network used by a company to securely share information, operational systems, or computing services only within the organization.
Legal Departments
Divisions within organizations responsible for overseeing legal matters, including compliance with laws and representation in legal proceedings.
- Comprehend the significance and techniques of communication in executing and overseeing compensation schemes.
Verified Answer
NC
Nicholas CrolweyJul 09, 2024
Final Answer :
D
Explanation :
Posting descriptions and videos on the company's intranet would be the most practical and effective way to communicate with employees about the profit-sharing plan, especially given that Glorious Software has locations in seven states plus Europe. This approach would ensure that all employees have access to the same information and would allow them to review the plan at their own pace. It is also cost-effective and can be easily updated if any changes or clarifications are needed.
Learning Objectives
- Comprehend the significance and techniques of communication in executing and overseeing compensation schemes.