Nucor Corporation Essay

The motivation should be focused on the formation of employees’ loyalty to the organization, the development of specific organizational culture and increase of the internal competition, which will make career progress more significant than material rewards employees suppose to receive.

The development of employees’ loyalty can occur due to the formation of a system of privileges for people working within the company for a long period of time. For instance, the longer an employee works the longer vacations he or she gets. At the same, organizational culture is also of the utmost importance for employees’ loyalty and motivation. It is important to develop team management in order to make employees feel that they are members of the team and their contribution in the overall success of the company is crucial. Finally, career prospects and status of an employee within the company can be an effective motivational factor.

If layoffs are needed employees should understand that only those employees whose performance is poor and whose experience is insufficient are at risk of losing their jobs. To put it more precisely, it is necessary to declare to employees that only those employees will lose their job whose productivity is 10% bottom productivity, i.e. 10% of employees with the lowest productivity can be fired. Another factor that is the time employees worked at the company. First people who are at the age of retirement will be retired, and after that the people who worked the least time at the company can be fired.

To prepare the company for layoffs, it is important to assess the productivity of employees, analyze the age structure of the personnel, find those who can retire in a short-run. After that, it is necessary to communicate with employees and present them criteria on the basis of which layoffs will occur.



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