Coca-Cola Performance Pay System (Essay Sample)

Coca-Cola Performance Pay System Student’s Name Institution Coca-Cola Performance Pay System According to Golo (2015), business performance depends on the system and plan adopted for the payment of the employees and the worker's compensation. The Coca-Cola Company approved the individual plan of setting up the executives to serve and give rewards to the company employees. The compensation committee of the business board adopted a plan that was approved by the shareowners of equity stewardship guideline in serving the business systems. The Equity Plan was designed by the industry and selected to provide significant flexibility in how to reward the people depending on the time having served the company. The plan approved was projected to work with the aim of reducing the program by using fewer shares each year. Formalizing the Company's existing practice targeted a continual commitment to unrelenting dialogue to company matters on shares or compensation. The company approach of giving the appraisal was put in place to ensure the improvement of each party performance. Beginning with employees the performance is aimed at the long-term awards will provide a balanced system of increased alignment with local operations (Sridharan, & Bui, 2015). Moreover the company, considered to be the world's largest beverage producing refreshes the consumer with more brands of drinks to provide variety. The system looks towards an enduring system of creating a sustainable system in which supports healthy living and safe brands to be used. The company pays system remains as a factor to improve the production rise, and the strategic business plan is in place to expand and motivate the store's employees. Each shareowner’s performance would be tracked on the records thus facilitate the calculation of the amounts to be given to each. The established committee acted as the board entrusted with the task of formulating the incentive plan considering the payment criteria set in place by the company. Though the company has been performing and is on the front line to better performance, research reveals overwhelming evidence of collapse as most health related institutions advocate for non-sugar drinks. The World Health Organization has been on the lead in a reduction of the sugar limits in the market drink brands. Reports given classify soda as the key contributor to obesity in children and most heart diseases. The medical experts have linked sodas to cancer, dementia, heart diseases, and obesity among others in the human health (Sridharan, & Bui, 2015). The article presented by the WHO advocated for natural foods with natural sweetness from the natural sources like the honey. Additionally, the Bible holds that whatsoever one eats or drinks should be to the glory of God (1 Corinthians 10:31). Sugary beverages have received bad reputation in the past years. The negative view has opened grounds for political criticisms of the company as a producer of killer drinks. Throughout the United Kingdom, the public health facilities worked towards desperate tactics of driving down the sales and the performance of the product thus possible collapse shortly. The Same message was given by the people health researchers is the same of anti-obesity campaigners. Just as the Bible records that Christ desire is that beloved prosper in health even as they prosper in spirit (3 John 1:2). They echo similar points in as far as the s...