Question: Team Assignment - # 1 ( Due date: Friday, January 2 6 t h , by midnight ) IMPORTANT: Please make sure to include the
Team Assignment #
Due date: Friday, January by midnight
IMPORTANT: Please make sure to include the names of all team members in your answer sheets.
i You are the human resources manager for MedSupplies, a national supplier of medical devices. Currently, the company's retail sales staff is paid a flat hourly wage of $ per hour for each eighthour shift worked. Assume that, when run efficiently, each store's maximum daily profits are $ For simplicity, there is one salesperson per store.
You present a plan to the president of the company to change the structure of employee compensation, to better align employees' goals with those of the firm. Outline the arguments that support your proposed plan. As part of your answer, make sure to include a salesperson's payoff when the firm operates efficiently and when it makes zero profits under the current scheme and your proposed plan.
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