Good Morning I have a tricky little task to complete that I do not have time for.
So I need to get Part Three done. The subject and title are “What to do About Wages”
There is a memo attached which is the format and I have already created an intro paragraph.
Two primary options are available regarding wage management: such environments can be created by enacting the living wage policy or using performance-based incentives. The introduction of the living wage policy can solve poverty among the workers because it will lead to increased team member morale, productivity, and retention, making the park a reputable employer. Yet, the significant increase in labor costs and the aftermath of the profitability might be brought to ticket prices (Weber, 2023). Alternatively, being loyal and offering a performance-based reward mechanism could help motivate and engage employees with teamwork and improve quality. However, when implementing and running the program’s design, there is a risk of managerial partiality to fellow supportive members, and resentment of another perceived unfairness might occur.
That is the intro please do not go over 500 words even though the instructions below says 300 words.
This is a multi-week, four-part assignment; each part is worth up to 25 points with the total project being worth 100 points. It is recommended that you work on the project throughout the course, and not wait until the last minute to complete it. Each week a specific part will be due. You will submit a written paper in which you discuss each of the three options, identifying the pros and cons of each option, and making a final recommendation. Your final recommendation needs to include financial as well as operational considerations. Each submission should be a minimum of 300 words, broken down roughly as follows: 75 words for discussion of each option and 75 words for discussion of your recommendation and justification.
Part 1 – The Next New Ride
Part 2 – Fixing the Food Situation
Part 3 – What to Do About Wages
Part 4: A New Revenue Stream
This should not be very long but it just weird to write.
