Preview

Negotiation plan - Daily dairy

Better Essays
Open Document
Open Document
1138 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negotiation plan - Daily dairy
Assignment: Negotiation Plan
Daily Dairy Company

Tutor name: Paul Dibley-Maher 1:00pm

The Dairy Company is proud to be one of the most successful companies in the country that provide milk-based products to Australian customers as well as oversea. As we look at the future of the company, it is necessary to restructure the company body frame, strengthen employer-employee relation, the main endowment factor of our company. It is important to come to the satisfactory agreement that could benefit both parties.
Dairy Company Goals:
1. The agreement upon the appreciation in salary is to be indicated during the life of the agreement.
2. Training module to be provided to employees
3. Develop an efficient hours roster
4. Maximize the duration of the agreement
5. Consultative Committee structure and confidential information
Dairy Company Strategies
Daily Dairy is very well aware of the important of employees, the undeniable part which largely contribute to company’s benefit. The company feels that it must develop a solid agreement to benefit every single contributor, but it also wishes to remain flexible and open to new changes and to the variation of demanding market. An integrative agreement is much needed. ”Most negotiators would prefer to be involved in the more integrative approach to bargaining, which is a good choice as the research generally suggests that the integrative approach yields better results” (Walton and McKersies’s 1965)

1. The agreement upon the appreciation in salary is to be indicated during the life of the agreement.
As the recession coming up, the prediction of 10 to 20% of employees will be cut down to reduce expenses and raise a significant amount to capital. A part of the surplus amount e contributed to the capital will be added to the current salary. The purpose of this appreciation is to enhance the life standard of each individual, furthermore improve the productivity of employees and production



References: Fell,R.E. (2012), ‘Trust: Situation-Specific’ , Effective Negotiation (2), pp.29 Fell,R.E. (2012),’What , exactly, do we mean by a win-win negotiation?’, Effective Negotiation (2), pp.40 Fell,R.E. (2012), ‘Stategic choice :A negotiator’s choice of issue strategy’, Effective Negotiation (2), pp.46 Galinsky, A.D. & Mussweiler, T. (2001), ‘First offer as anchors: the role of perspective-taking and negotiator focus’, Journal of Personality and Social Psychology, 81(4),pp.657-69 Walton, R.E., & McKersie, R.B. (1965), A Behaviour Theory of Labour Negotiations, McGraw-Hill, NewYork

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Trade Joe Essay

    • 562 Words
    • 3 Pages

    Firstly, the Trade Joe had long-term partnerships with NDP and Dairy Smart Inc., and they maintained healthy relationships for many years. However, the Trade Joe violated contracts unilaterally, and the author pointed out that Trade Joe was also “intentional interference with contractual relations; unjust enrichment, breach of contract, and acting in bad faith” (Echeverria, 2004). Therefore, the Trade Joe’s behavior was unethical, and it should not use these methods to achieve its purpose, which damaged interests of NDP and Dairy Smart Inc.…

    • 562 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Assignment CaseProblems

    • 819 Words
    • 4 Pages

    to perform within one year. Also, Since the oral contract has to be completed in one year to be enforceable. In this…

    • 819 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Fasb Fra 2

    • 943 Words
    • 4 Pages

    In addition, paragraph 84(d) states that "If services are rendered or rights to use assets extend continuously over time (for example, interest or rent), reliable measures based on contractual prices established in advance are commonly available, and revenues may be recognized as earned as time passes."…

    • 943 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth in this agreement, is agreed as follows:…

    • 713 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Bazerman, M. H. & Neale, M. A. (1992). The irrational escalation of commitment. Chapter 2 of Negotiating Rationally. New York: Free Press.…

    • 1023 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Lit1 Task 2

    • 1608 Words
    • 5 Pages

    * Manager has agreed to Employee A’s return to the previous job, at the previous rate of pay.…

    • 1608 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Since recently being appointed head of human resources and now in charge of managing a small team; I have a huge task ahead of myself. My next project in regards to this appointment is to revamp the compensation and benefits package employees are receiving at my company. Employee compensation and benefits are extremely critical and important factors in the new hire acceptance process, as well as, employee retention. It is my duty along with my team to revamp, develop and offer exceptional compensation and benefit packages that attract and retain the best and most talented employees while making them feel proud, valued and as appreciated members of the company.…

    • 1391 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Bonus Entitlement

    • 1069 Words
    • 5 Pages

    a. The bonus accrues beginning on the date this agreement is accepted by the Secretary of the…

    • 1069 Words
    • 5 Pages
    Good Essays
  • Better Essays

    2) Positional bargaining is a negotiation strategy that involves standing on to a fixed idea, or position and arguing for it and it alone (Spangler, 2003).…

    • 1016 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    8. A promise to pay in exchange for a promise of performance becomes an absolute duty when the agreement is formed -F…

    • 936 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    NOW, THEREFORE, in consideration of the mutual promises herein set forth and subject to the terms and conditions hereof, the parties agree as follows:…

    • 2516 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    for wage on a daily, monthly or yearly contract or contract to complete a certain…

    • 8557 Words
    • 28 Pages
    Good Essays
  • Good Essays

    Home Reading Report

    • 514 Words
    • 3 Pages

    3. Upon signing of this contract, the LESSEE shall pay the LESSOR the sum of…

    • 514 Words
    • 3 Pages
    Good Essays
  • Good Essays

    8. Payments of pensions/retiring allowances (only if it can be shown to be in the future interest of the business)…

    • 2843 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Memorandum of Agreement

    • 491 Words
    • 2 Pages

    1 The following documents shall be deemed to form and be read and construed as part of this Agreement.…

    • 491 Words
    • 2 Pages
    Powerful Essays

Related Topics