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Case: You are the Chief of people and culture at ECHO&LEXICO, one of the biggest manufacturing companies in Sydney. In the annual town hall meeting with employees of the company, you have to answer anonymous question submitted by employees. These are two of the selected question:
A. Managers at ECHO&LEXICO say that the company offers the best financial incentives in the industry with high salaries and big bonuses. However, we would like to know that what other benefits the company can offer to improve our work-life balance and employee satisfaction. How would you answer this question? Draw on 3 key concept for MGMT 1007 ITRODUCTION TO HUMAN RESOURCE MANAGEMENT.
B. ECHO&LEXICO has spent a lot of time and resources in implementing a new performance appraisal system. We have new Key Performance Indicators(KIPs) that are reviewed every quarter followed by regular for the company to check productivity and to have more control over workers. Can you explain to us how is that beneficial for workers at ECHO&LEXICO?
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