KUDLER FOODS COMPENSATION PLAN

Kudler Foods Compensation Plan

Kudler Foods Compensation Plan

Kudler Fine Food is an upscale specialty food store located in the general area of San Diego, California and has three retail locations, as well as a headquarters. Kudler foods were founded by Kathy Kudler with the first store located in La Jolla, California. She was able to achive a profit after only nine months of operation. She opened a second store in Del Mar, California soon after and within another 3 years opened her third store in Encinitas, California. In order to achieve this, Kudler has managed its people and resources efficiently. This paper will discuss Kudler's management structure and their strategic, tactical and operational managers. (McShane, S.L., Von Glinow, M.A., 2005, 77-89)

Compensation and rewards are a basic requirement of any employment contract. Compensation provides the resources for the employee to meet the basic needs of life: housing, clothing, food, warmth, and transportation. Every company's level of efficiency and its potential for success in the marketplace can be evaluated in various ways if by assessing internal alignment of compensation with organizational strategy, pertinent data, by evaluating how human resources employs job analysis to implement organizational strategy. Kudler Fine Foods (KFF) mission is to provide consumers the finest selection of gourmet foods, wines and other related culinary needs. One of the high priorities at KFF relates to customer relations. Founded in 1998 by Kathy Kudler, KFF first retail store was opened to the public in La Jolla, California. This was a result of Kathy's tiring of corporate life and her love for gourmet cooking. Unable to locate a good source of gourmet cooking needs, the founder developed a business plan, obtained financing and opened Kudler Fine Foods. (McShane, S.L., Von Glinow, M.A., 2005, 77-89)

Compensation Rates and Performacne Evaluation

Kudler Fine Foods is a local upscale grocery store, which is located in the metropolitan area of San Diego. Kathy Kudler, owner of Kudler Fine Foods is committed to providing their customers with the finest selection of the very best foods and wines for customer's culinary visions that can come true. Given Kudler has expanded in La Jolla, Del Mar and Encinitas, the company can provide the highest level of customer service. They have just completed restructuring its organizational strategy in an effort to obtain organizational success. With Kudler's job and classifications and compensation structure in place, the company now has to determine compensation rates for the following six positions: store manager, cashier, stock person, specialty department worker, department manager, and bagger. (McShane, S.L., Von Glinow, M.A., 2005, 77-89)

Classification and Market Rates for Similar Positions in Similar Organizations

In any human resources management system, the classification of work is fundamental. It provides a means of grouping similar types of work together so that they can be ranked by levels of difficulty and differentiated from other, dissimilar work. This can take place in large and complex organizations; both public and private (Job classification, 2008).

When the work is properly defined and classified, managers are better equipped to ...