Walmarts Compensation Plan Outline - 2328 Words

Wal-Mart is the number one retailer in the world in both sales and earnings, dwarfing many of its retail competitors. It offers a full assortment of products ranging from clothing to electronics. It currently has 6000 locations predominately within the United States with over $312.4 Billion in net sales during 2006. In addition to its strong domestic presence, Wal-Mart has expanded aggressively to Canada, Mexico, and Puerto Rico with over 1000 locations within those countries. This expansion can potentially create greater economies of scale for Wal-Mart services and merchandise. The synergies created by expansion will also drive profitability in the future by providing goods and services at even lower costs to consumers. In order to enter foreign markets successful, Wal-Mart engages in both joint ventures and acquisitions. By utilizing this method, Wal-Mart intends to leverage foreign retailers market knowledge with its own core competencies of merchandising and supply chain manageme nt (Stilgoe, 2003). The success of Wal-Mart is due in large part to its ability to consistently produce high quality products at a low cost. This is very critical to the future success of Wal-Mart because it provides consistency to customers who are price sensitive. By committing themselves to Everyday low prices, Wal-Mart assures customers that the products sold within their stores are competitive in reference to its retail competition. This low price strategy also provides Wal-Mart with aShow MoreRelatedHrm 430 Course Project2720 Words   |  11 PagesCompensation and Benefit Strategy of an Organization Jane Q. Student DeVry University Professor Dibenedetto June 23, 2013 Abstract: The aim of this paper is to examine the compensation challenges within Owens amp; Minor and create a compensation strategy that will benefit not only the company, but the employee. With the constant change in today’s business world, to have a competitive advantage makes it difficult for employers to attract and retain the most talented employees. IdentifyingRead MoreWal Mart Stores Inc.1621 Words   |  7 Pagesintegrity as an everyday behavior amongst their employees. Owner and founder, Sam Walton, said, â€Å"Personal and moral integrity is one of our basic fundamentals and it has to start with each of us.† Our organizational analysis of Wal-Mart Stores Inc. outlines the culture of Wal-Mart, reveals the challenges faced by the retail giant, provides theories that are applicable to its culture, and gives recommendations to its organizational behavior for improvement among its work force. The concept of pro-activeRead MoreWalmarts Global Expansion in Sweden2377 Words   |  10 PagesIntroduction We finally choose Sweden as Walmart’s next expansion location as the CAGE analysis shows that Sweden is the most appropriate country to locate the new hypermarket. Sweden is a developed western country that has many similarities with US in culture, administration and economy. Sweden has a highly-developed capitalist economic system, a stable political environment and few corruption, which provides a stable external environment for Walmart’s entry and continuous operation. Its well-developedRead MoreThe Business Problem Of Wal Mart1810 Words   |  8 Pageswalmart.com. The focal point of this proposal is to discuss the history and a business problem that Wal-Mart, as a retail company is currently facing. Analysis of the problem with an introduction of a solution will be addressed. Establishment of a plan to include a scheduled implementation and a timeline is based on the research. It is my view that the solution proposed will resolve the problem. Company History Wal-Mart Stores Inc., (2016) stated that Sam Walton opened the first Walmart DiscountRead MoreWal-Mart Internationalization15922 Words   |  64 PagesPotential Growth 18 Table 9: PERSONAL SAVING RATE 19 Graph 10: U.S. Real Consumption and Income Growth 1933-2009 20 Table 11: Sales Growth and Profitability by region/country 2008 22 Walmart’s Performance in the Context of Global, U.S. and Industry Trends 23 Table 12: Walmart’s Revenue 2005-2009 in $m 23 Table 13: Real GDP Developed World 25 Walmart its competitors 26 Walmart International - Overview 26 International Sales 27 Competition within UnitedRead MoreWal-Mart: Strategic Management11571 Words   |  47 Pagesthe economy became weak due to inflation Sears was the leading retailer in the nation, during the 1970s, however, the recession of 1974-1975 and inflation affected Sears adversely. Sears targeted middle class families and expanded its overhead. WalMarts strategy was to compete with its rivals and lower overhead expenses. Compared with -3- Sears, who consisted of more than 6,000 distribution centers, Wal-Mart had only 2,500 comparable units.†iii Although Wal-Mart was under financed, it managedRead MoreWal-Mart: Strategic Management11565 Words   |  47 Pagesthe economy became weak due to inflation Sears was the leading retailer in the nation, during the 1970s, however, the recession of 1974-1975 and inflation affected Sears adversely. Sears targeted middle class families and expanded its overhead. WalMarts strategy was to compete with its rivals and lower overhead expenses. Compared with -3- Sears, who consisted of more than 6,000 distribution centers, Wal-Mart had only 2,500 comparable units.†iii Although Wal-Mart was under financed, it managedRead More1. Case Study - Women on the Right Track at Cp Rail3638 Words   |  15 Pagesemployees and retain the talent that it plans to hire. Feeling that traditional orientation programs were not effective, the senior vice president of HR, environment, and health and safety designed and implemented an onboarding program called Strong Start. The features of the program include : †¢ A new hire portal, which directs the new employee to content relevant to the position †¢ An e-learning module, Capital Power 101: The Basics, which outlines the organization’s design, vision, valuesRead MoreWalmart Strategic Analysis : Wal Mart6927 Words   |  28 Pagesone. Likewise, the organization does not give any qualities in the statement, yet states them independently. (Jurevicius) Business/Corporate Strategy Wal-Mart’s president and CEO Doug McMillon outlined the company s growth strategy, including plans to invest in new capabilities and to continue improving the customer experience at all Wal-Mart locations. McMillon addressed how Wal-Mart is well positioned to meet the needs and preferences of an ever-evolving customer base, improving on four keyRead MoreOrganizational Leadership and Interprofessional Team Development10384 Words   |  42 PagesThe areas where the organization could improve its PFCC care will be discussed. The analysis of how business practices and regulatory requirements impact patient family centered care. A strategy will be created that includes goals and an operational plan to increase PFCC of the organization by improving one of the gaps that’s identified. I will discuss financial implications that this strategy may have on the organization. I will identify potential members for the multidisciplinary team who could assist

William Shakespeare s Romeo And Juliet - 951 Words

â€Å"A pair of star-crossed lovers take their life†¦Ã¢â‚¬  Fate can be a tricky thing. It’s something inevitable, unchangeable and something that everyone is forced to live through, as it is the ultimate map of life. We have no power to go against its plan. However, there are those rare times in the timeline of our world where people have been able to defy the power of fate and bend the rules. From the beginning, Romeo and Juliet’s fate was etched into stone, destined to come after them, like an invisible arrow that never misses its target. From the beginning, these lovers were destined to cut their own lines of life. Somehow along the way, a separate path was created, breaking off of the natural line of fate, changing the lives of Romeo and Juliet forever. Fate intended to kill them; they avoided its dagger. They were able to see the morning light of the fifth day. They were able to run away from their feuding families and begin a new life of their own. Not on ly were they able to live with their love in peace, but along the way, they were able to discover a new joy in life: children. But, there comes a time when one can avoid Fate’s grasp for so long. In the end, Fate has the ultimate power, and in the end, life must abide by its design. This is the story of their lives 5 years after, how they found a new home, had kin of their own, and how they eventually ended up back in the palm of Fate’s hand. Who would’ve thought that the person to turn the tables would be the young littleShow MoreRelatedWilliam Shakespeare s Romeo And Juliet1287 Words   |  6 PagesLizzy Baginski English Composition 2 Mr. Spera March 10, 2015 Romeo and Juliet Research Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry fromRead MoreWilliam Shakespeare s Romeo And Juliet 966 Words   |  4 Pages Beauty Over Gold â€Å"Beauty provoketh thieves sooner than gold.--William Shakespeare, 1623. In his book As You Like It, William Shakespeare pointed out the supremacy of love rather than the want of gold and wealth. Truly, beauty is more important to thieves than wealth. Many of the thieves in this world would rather have an elegant woman than to obtain precious rubies. After all, what good is a prosperous man if he doesn’t have a charming woman? Two famous men grab my attention who didn’t fear forRead MoreWilliam Shakespeare s Romeo And Juliet Essay1024 Words   |  5 PagesRomeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. The plot is based on an ItalianRead MoreWilliam Shakespeare s Romeo And Juliet1124 Words   |  5 PagesThe play Romeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. Its plot is based onRead MoreWilliam Shakespeare s Romeo And Juliet861 Words   |  4 Pagesgreatly shown in the play Romeo and Juliet by William Shakespeare. It was love at first sight with Romeo Montague and Juliet Capulet. Meeting at a party and falling in love to get married without even spending quality time with each other. Romeo and Juliet couldn t tell there parents because the Capulets and Montagues are long term rivals. Both Romeo and Juliet had to find different ways and excuses to make this marriage work. A big problem was developed. Romeo kills Juliet s cousin and is banishedRead MoreWilliam Shakespeare s Romeo And Juliet1770 Words   |  8 Pagesof Romeo and Juliet. The story of two destined lovers who were killed by their own doing. But what if they weren t two destined lovers who got unlucky, but doomed partners that were never going to have a good-life to begin with.William Sha kespeare gives us a view of early signs of gang conflict in the early age of Verona, Italy. He gives us a perspective of the norms and customs of Italy during the Setting of William Shakespeare s most famous story. Romeo and Juliet, by William Shakespeare, givesRead MoreWilliam Shakespeare s Romeo And Juliet1616 Words   |  7 Pageslove can also cause some of life s most controversial battles. These battles could stem from lack of patience, disagreement of moral values, and in some cases, an absence of attraction overall. In Romeo and Juliet by William Shakespeare, the issues that drive Romeo Montague and Juliet Capulet s to each of their dreadful misfortunes are inevitable. When it comes to many of Shakespeare s plays, Aristotle s theory is used to describe them as tragedies. Romeo and Juliet is known by many as a tragedyRead MoreWilliam Shakespeare s Romeo And Juliet1264 Words   |  6 Pagestheater-going public the most important dramatist in English literature, Shakespeare oc cupies a well-known position in the world of talented authors. His canon contains thirty-seven plays, written in the late sixteenth and early seventeenth centuries. Additionally, throughout the years, they continue to sustain critical attention, with the majority of his works circling tragedies, one being Romeo and Juliet. William Shakespeare s Romeo and Juliet speaks to the timeless appeal of star-crossed lovers. Their loveRead MoreWilliam Shakespeare s Romeo And Juliet924 Words   |  4 PagesWilliam Shakespeare’s Romeo and Juliet is a tragedy that follows the so-called love of two teenagers. The two fall in love at a masked ball and have a secret marriage. Throughout the play, their actions show how ridiculous love is, and how it is a danger to anyone who become twisted in its choking grasp. However, in the death of the youth and survival of the elders, an alternative explanation for the tragic events may be found. Although Shakespeare seems to be mocking love throughout the play, itRead MoreWilliam Shakespeare s Romeo And Juliet1279 Words   |  6 Pagesour lives. The great, classic writers teach timeless, valuable life skills. Shakespeare was the greatest writer of all time. His writings mainly consisted of dramas and sonnets. Romeo and Juliet, as well as, A MIdsummer Night’s Dream were written about the same time period. He was able to inter relate everything that wrote. For example, the tale of Pyramus and Thisbe could possibly be an advertisement for Romeo and Juliet. The basic structure of the two dramas is the same; two forbidden lovers meet William Shakespeare s Romeo And Juliet - 951 Words The definition of all consuming is to be obsessive or compulsive, also being controlled by a force or emotion. All consuming love is when one is consumed or over ruled by love. Their mind is clouded by love and choices can be irrational. In the calamitous play, Romeo and Juliet by William Shakespeare, two star-crossed lovers exemplify the theme that love requires loyalty and can be all consuming. The three characters who best displays the power of love are Romeo, Juliet, and Romeo’s friend, Mercutio. The loyalty that these people show also exemplifies their all consuming love. All of these characters have strong beliefs in all consuming love no matter the outcome. These three characters thoughts and actions show how much love is worth. Loyalty is a large part of Juliet’s ideology. She believes that if one is are disloyal or dishonorable to a person, their life should pay the price. After Juliet’s husband, Romeo is banished, her family plans a wedding. When Juliet is forced to marry the county Paris, Juliet reaches the realization that she will disloyal to Romeo,†Is it more sin to wish me thus forsworn or to dispraise my lord with that same tongue... If all else fail, myself have the power to die.† (3.5.249-255) Juliet plans to kill herself if she must be disloyal to her husband so she must not marry the county. This willingness to sacrifice herself provides an example to how Juliet feels that love is all consuming. She also shows her all consuming love and loyalty byShow MoreRelatedWilliam Shakespeare s Romeo And Juliet1287 Words   |  6 PagesLizzy Baginski English Composition 2 Mr. Spera March 10, 2015 Romeo and Juliet Research Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry fromRead MoreWilliam Shakespeare s Romeo And Juliet 966 Words   |  4 Pages Beauty Over Gold â€Å"Beauty provoketh thieves sooner than gold.--William Shakespeare, 1623. In his book As You Like It, William Shakespeare pointed out the supremacy of love rather than the want of gold and wealth. Truly, beauty is more important to thieves than wealth. Many of the thieves in this world would rather have an elegant woman than to obtain precious rubies. After all, what good is a prosperous man if he doesn’t have a charming woman? Two famous men grab my attention who didn’t fear forRead MoreWilliam Shakespeare s Romeo And Juliet Essay1024 Words   |  5 PagesRomeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. The plot is based on an ItalianRead MoreWilliam Shakespeare s Romeo And Juliet1124 Words   |  5 PagesThe play Romeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. Its plot is based onRead MoreWilliam Shakespeare s Romeo And Juliet861 Words   |  4 Pagesgreatly shown in the play Romeo and Juliet by William Shakespeare. It was love at first sight with Romeo Montague and Juliet Capulet. Meeting at a party and falling in love to get married without even spending quality time with each other. Romeo and Juliet couldn t tell there parents because the Capulets and Montagues are long term rivals. Both Romeo and Juliet had to find different ways and excuses to make this marriage work. A big problem was developed. Romeo kills Juliet s cousin and is banishedRead MoreWilliam Shakespeare s Romeo And Juliet1770 Words   |  8 Pagesof Romeo and Juliet. The story of two destined lovers who were killed by their own doing. But what if they weren t two destined lovers who got unlucky, but doomed partners that were never going to have a good-life to begin with.William Sha kespeare gives us a view of early signs of gang conflict in the early age of Verona, Italy. He gives us a perspective of the norms and customs of Italy during the Setting of William Shakespeare s most famous story. Romeo and Juliet, by William Shakespeare, givesRead MoreWilliam Shakespeare s Romeo And Juliet1616 Words   |  7 Pageslove can also cause some of life s most controversial battles. These battles could stem from lack of patience, disagreement of moral values, and in some cases, an absence of attraction overall. In Romeo and Juliet by William Shakespeare, the issues that drive Romeo Montague and Juliet Capulet s to each of their dreadful misfortunes are inevitable. When it comes to many of Shakespeare s plays, Aristotle s theory is used to describe them as tragedies. Romeo and Juliet is known by many as a tragedyRead MoreWilliam Shakespeare s Romeo And Juliet1264 Words   |  6 Pagestheater-going public the most important dramatist in English literature, Shakespeare oc cupies a well-known position in the world of talented authors. His canon contains thirty-seven plays, written in the late sixteenth and early seventeenth centuries. Additionally, throughout the years, they continue to sustain critical attention, with the majority of his works circling tragedies, one being Romeo and Juliet. William Shakespeare s Romeo and Juliet speaks to the timeless appeal of star-crossed lovers. Their loveRead MoreWilliam Shakespeare s Romeo And Juliet924 Words   |  4 PagesWilliam Shakespeare’s Romeo and Juliet is a tragedy that follows the so-called love of two teenagers. The two fall in love at a masked ball and have a secret marriage. Throughout the play, their actions show how ridiculous love is, and how it is a danger to anyone who become twisted in its choking grasp. However, in the death of the youth and survival of the elders, an alternative explanation for the tragic events may be found. Although Shakespeare seems to be mocking love throughout the play, itRead MoreWilliam Shakespeare s Romeo And Juliet1279 Words   |  6 Pagesour lives. The great, classic writers teach timeless, valuable life skills. Shakespeare was the greatest writer of all time. His writings mainly consisted of dramas and sonnets. Romeo and Juliet, as well as, A MIdsummer Night’s Dream were written about the same time period. He was able to inter relate everything that wrote. For example, the tale of Pyramus and Thisbe could possibly be an advertisement for Romeo and Juliet. The basic structure of the two dramas is the same; two forbidden lovers meet

Effect of Morale in Workplace

Question: Discuss about theEffect of Morale in Workplace. Answer: Introduction Morale in the workplace is mostly connected with the employee morale. It is known as the emotions, approach, contentment and largely viewpoint of employees during their time in the workplace environment. As mentioned by Paek et al., (2015), productivity of employees and profitability of a business organization totally depends on morale of the employees. Employees that are happy and positive at work always carry a positive or high morale. According to Turner (2013), high morale in the workplace facilitates greater feelings of team work and shared vision. It is evident that in one-on-one communication and in work teams, positive morale always helps to improve the level of collaboration among the employees. It also helps to develop positive working relationship with colleagues and co-workers which are known as a frequent supplier of good employee morale. If both employees and managers of an organization are carrying a high morale, then they will high self-esteem (Khan Al Hosni, 2016). On the other hand, high morale means greater satisfaction in the workplace along with better working relationship. It is see that maintaining high morale in the workplace is extremely important for any organization. Low morale is absolutely not welcomed in the workplace as it causes additional expense like employee turnover and drop in productivity and profitability. That is why; according to Rukshani and Senthilnathan (2013), each business organization should understand the factors that can directly or indirectly affect morale in the workplace. Morale or employee morale is known as the connection that an individual employee or a group of employees have with their work and the company they work for. High employee is necessary in the workplace as it exhibits that employees are happy (Eller, 2014). On the other hand, low employee morale means productivity will be hampered. As mentioned by Dalton E. McFarland, morale in the workplace can be defined as a group of phenomenon. It is a perception that signifies the level of favorable or unfavorable approach of the employees. Based on different situation s and aspects there are several natures of employee morale (Sageer et al., 2012). It states that morale mostly represents a compound of feelings, approaches and sentiments that donate to normal feelings of satisfaction. It is a state of mind and spirit that affects willingness to work, that, in turn influences organizational and personal objectives. One nature of morale can be understood from high morale and low morale. In a business organization, if the eagerness and readiness to work in a team is high, then it can be said that morale is high. High morale extremely important for any organization as it caters an approach of satisfaction with desire to continue and willingness to struggle for the goals of the team and organization (Patel Desai, 2013). It is seen that under the situations if high morale, workers have few grievances, frustrations and complaints. They can produce more productivity and profitability as they can understand individual and organizational goals clearly. Morale and workplace motivation is connected to each other. However, as mentioned by Bodla and Danish (2013), these two concepts are cognitive and are different from each other. In spite of that it is true that morale can be distinguished from motivation. Morale is defined as the combination of feelings, approaches and sentiments that contribute to general feeling of approval at the workplace. On the other hand, motivation is concept that that allows an employee to give his best willingly for the organization. As mentioned by Goyal and Goyal (2014), it is a method of stimulating individuals to action to achieve the desired goal. Motivations is mostly concerned with mobilization of energy, where moral is concerned with mobilization of sentiment. However, it seen that employee motivation is impossible if employee morale is low. If employees are not happy in the organization, it is obvious that morale will be low. If their morale is low then they will not give their best in the organiza tion which will show that they are not motivated. Morale also has a direct impact on organizational productivity (Kristekova et al., 2012). High morale leads to high productivity whereas low morale leads to low productivity. That is why; it is important to measure morale of the employees in a workplace. There are several arguments about how morale affect workplace environment. However, Turner and Arif (2012) described six best impacts that morale can have on a workplace. Those six impacts are hereby mentioned below. The major impact of morale in workplace can be seen through improved productivity. When employee morale is high in an organization, then everyone works with full dedication. Productivity in an organization improves when employees love to come to work (Manson 2014). In many successful business organizations it is seen that employees coming to the office early and staying late without expecting rewards. They do this as they love being at work and enjoy his tasks (Kube et al., 2013). Therefore, it is evident that if a management of organizations wants to develop an effective workplace with high level of productivity then that management must improve employee morale. According to Whitaker et al., (2013), enhanced performance and creativity is another impact that high morale can have on an organization. It is seen that individual employees tend to perform better when their morale is high in the workplace. Most of the organizations implement brainstorming meetings to solve an issue when staff morale high as creative solutions is found easily in this way. On the other hand, if the same meeting is conducted with a group of employees who are depressed and bored, no answer to problem will be found. In any organization one of most critical thing is the number of leave days employees take. If employee morale is low then they will take frequent leaves to take a single day off instead of dragging themselves into the workplace. On the other hand, if employee morale is high in an organization then they will cut back on sick and leave days as they enjoy the work they do. They will feel highly motivated and will want to join every team meetings and tasks. It is counted as one of the most major impacts that morale can have in an workplace as an organization have to pay for an employees leave (Tannenbaum, 2013). On the other hand, if there is no replacement then the organization will lose productivity. Higher attention to detail is another advantage of high employee morale in the workplace. When employees enjoy what they do, they will pay attention to what they are performing. On the other hand, if morale is low in the workplace then employees are more likely to become distracted which will force them to make mistakes. Besides, in todays business context developing a safer workplace is extremely important (Akintayo 2012). It not only attracts qualified employees from outside of the organization but also builds a positive brand image of the company within the customers. When employee morale is high in the workplace then employees will pay attention safety rules and regulations. On the other hand, employees with low morale will be distracted easily and will be unable to provide greater focus on the task which will increase the chances of workplace accidents. High employee morale also increases quality of work in a workplace. As mentioned by Upadhyay and Gupta (2012), employees with high morale are expected to produce work with higher quality that the employees who are low on morale. On the other hand, as mentioned by Rice (2013), there are some impacts of high morale that are important to develop a better workplace environment. Those impacts are hereby discussed below. High morale in a workplace is expected to deliver a competitive edge in good times and bad times of an organization. Nowadays, business industries are extremely competitive and it is expected that each organization will face a situation of crisis. While facing a crisis, it would be easier for an organization to handle it is morale is higher in the workplace. On the other hand, sacrifices in the workplace are shared quite easily if morale of the employees is high. That is why; in this context, high morale works as a protective armor. In an organization where the morale is high, employees will support the implementation of organizational strategies. As mentioned by Tannenbaum (2013), organizational strategies are not important, what important is the method of implementation. A good strategy is a fine thing; however, it is useless if management cannot implement it. Whenever management tries to implement new strategies it is expected that lots of changes will take place. If employees are on low on morale then they will deny accepting the changes. However, if morale is high then they will happily comply with the organization and will respond positively. For any organization, it is important to recruit best possible employees to increase productivity and profitability. There are several strategies to attract new employees. However, developing a workplace that includes high morale is the most important one. Besides, if morale is high in the workplace, then management and higher authority personnel can manage its employees with ease (Akintayo, 2012). A workplace where morale is high, employees become less fearful. In this situation management can easily focus on things that can make it more productive. On the other hand, it is also seen from multiple and highly credible sources that workplace morale is positively related with superior stock prices, superior income per share and even five year survival following an IPO. It is also true that workplace morale is a leading indicator and helps and organization to prevent possible negative situation. However, it is not easy to implement positive workplace morale. There are several steps that can help an organization to spread positive moral in the workplace. As mentioned by Kube et al., (2013), there are seven ways through which employee morale can be improved in an organization. Recognizing employees in the easiest way in which management can thank employees then they are doing good job. Employees can be praised at staff meetings or the management can thank them in a hand-written note. However, more than the message, the most important thing is to exhibit that the management is noticing his hard work. Management can also show employees the outcomes of their hard work. If management shows its employees that their hard work is actually helping the organization to expand then they will be motivated to work harder which is obviously a positive morale. On the other hand, management of an organization can establish strong and transparent promotion tracks. In order to facilitate positive and high morale among the employees, an organization needs to highlight the viability of their promotional tracks (Kristekova, 2012). An organization must clear about opportunities to grow, not just throughout the time of employment but on a regular basis. It is also seen that employees experience higher morale when higher authority personnel appreciate then as human first and employees second. Management can help its employees to distinguish personal milestones and losses while respecting their solitude. Discounts and sponsored programs can also be offered that will not only help to develop high moral but will also help to develop a positive relationship with employees (Bodla Danish, 2013). An organization can believe paying for or subsidizing shipping, technology gym connection or childcare. From the entire discussion, one thing is clear that morale in the workplace is extremely important not only for an organization but also for the employees. Having high morale helps an organization to compete against its rivals and to improve their market position through high productivity and profitability. On the other hand, if employees are having high morale, then they will work harder which will help them to improve their career. In this study, after analyzing all the benefits of morale in workplace, some strategies are also discussed that can help an organization to facilitate high morale in the workplace (Goyal Goyal, 2014). Besides, it is also mentioned that morale and motivation are connected to each other. Therefore, these mentioned strategies will also help to improve employee motivation. References Akintayo, D. (2012). Working environment, workers morale and perceived productivity in industrial organizations in Nigeria.Education Research Journal,2(3), 87-93. Bodla, M. A., Danish, R. Q. (2013, June). Intervening Role of Social Exchange Perceptions between Perceived Organizational Politics and Employee Morale. InProceedings of 21st International Business Research Conference(Vol. 10, p. 11). Eller, T. G. (2014).The effects of humor and fun on employee morale and well-being(Doctoral dissertation, WALDEN UNIVERSITY). Goyal, R., Goyal, M. D. (2014). The Impact Of Organizational Culture And Climate On Employee Job Satisfaction-A Case Study Of ATC.Culture,1(5). Khan, F. R., Al Hosni, D. (2016). The Effect of Security Procedures on Employee Morale. Kristekova, Z., Jurisch, M. C., Schermann, M., Krcmar, H. (2012). Consolidating findings from business process change case studies using system dynamics: The example of employee morale.Knowledge Management E-Learning: An International Journal (KMEL),4(4), 455-480. Kube, S., Marchal, M. A., Puppe, C. (2013). Do wage cuts damage work morale? Evidence from a natural field experiment.Journal of the European Economic Association,11(4), 853-870. Larkin, I., Pierce, L. (2015). Compensation and employee misconduct: the inseparability of productive and counterproductive behavior in firms.Cambridge University Press: Cambridge, UK, 1-27. Manson, B. J. (2014).Downsizing issues: the impact on employee morale and productivity. Routledge. Paek, S., Schuckert, M., Kim, T. T., Lee, G. (2015). Why is hospitality employees psychological capital important? The effects of psychological capital on work engagement and employee morale.International Journal of Hospitality Management,50, 9-26. Patel, B., Desai, T. (2013). Effect of Workplace Fun on Employee Morale and Performance.International Journal of Scientific Research,2(5), 323-326. Rice, A. K. (2013).Productivity and social organization: The Ahmedabad experiment: Technical innovation, work organization and management. Routledge. Rukshani, K., Senthilnathan, S. (2013). A Review on the Relationship Variables to Employee Morale and Organizational Trust.International Journal of Innovative Research and Practices,1(10), 8-15. Sageer, A., Rafat, S., Agarwal, P. (2012). Identification of variables affecting employee satisfaction and their impact on the organization.IOSR Journal of business and management,5(1), 32-39. Tannenbaum, A. (2013).Social psychology of the work organization. Routledge. Turner, M. (2013). A mixed method study on factors that influence employee morale of full-time live-in professional staff at two single-gender institutions of higher education: implications for educational leaders. Turner, N., Arif, M. (2012). BREEAM excellent: business value vs employee morale. InJournal of Physics: Conference Series(Vol. 364, No. 1, p. 012116). IOP Publishing. Upadhyay, D., Gupta, A. (2012). Morale, welfare measures, job satisfaction: The key mantras for gaining competitive edge.International Journal of Physical and Social Sciences,2(7), 80-94. Venkatachalam, A., and P. Sakunthala. "Concept of Employee Morale."PARIPEX-Indian Journal of Research4, no. 12 (2016). Whitaker, T., Whitaker, B., Lumpa, D. (2013).Motivating inspiring teachers: The educational leader's guide for building staff morale. Routledge.