Mine

In: Business and Management

Submitted By chazneykiki
Words 983
Pages 4
Monique E. LaCroix

MS Project and Team Leadership

Professor Anthony Hughes

HRM517

03/08/12

Write a memo that communicates the budget situation to the rest of the team.

Finance team, Supervisors and executives, it has come to my attention that there has been some serious set backs in our revamping of the employee compensation and benefits package. Our risk assumptions were correct in that our finance team has found it difficult to find a medical and dental plan that was more economical due to the size of our company. During the length of the project while controlling scope we have mentioned the progress of the finance teams trying to secure a medical and benefits package that would be both economical as well as beneficial economical for our employees as well. This process has proven to be undeliverable. We will have to initiate a scope change. It is almost necessary to keep our benefits package we currently have that is amounting to $100,000 a year in order to compete with our competition to retain our current employees as well as attract new ones. We will continue to only pay $6,000 per employee for gym memberships per year, as well as cut on janitorial services as previously mentioned in the charter.
Suggest two (2) ways to improve an underperforming team member. Encouraging participation in a team project is one way of improving an underperformer. Some participants could be naturally reserved and need a little more encouragement in speaking up with opinions on a particular subject or just informing her team members of setbacks if there are any. The team leader may need to also assess individual member capability. The team the individual was originally placed on may be causing poor synergy. The manager can tell when the team has good synergy when the individual has specific knowledge of what is going on with there…...

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