Create a balanced compensation plan that you feel would encourage a restaurant manager to be more productive
Create a balanced compensation plan that you feel would encourage a restaurant manager to be more productive
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Create a balanced compensation plan that you feel would encourage a restaurant manager to be more productive.
Expert Solution
Step 1
There are certain parameters to have a balanced compensation.
1 Engage customers. customers must be kept on lists when there are no arrangements to have them seated. The moment the seats are available they should be chimed in immediately.
2 Control inventory. The restaurant manager must have to keep an eye on inventory to be sold. If there are listed items with limited shelf life should be prioritized to be sold on a FIFO basis.
3 Logistics. He must have an awareness of Operations so that he could enlist the things and work on them to avoid any unforeseen delays.
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