Employee Performance Recognition and Compensation Policies
Essay Question One: Introduction Air World International was established by Carolyn Laker in 1994, a property developer by profession, with an aim of providing quality air travel services between Europe and the U.S.A. In its initial years the company managed to establish itself as a major player in the airline industry and notched up consistent profits. However, as the global recession took hold in 2007, by 2008, the company’s fleet was running on below average capacity. Despite employee recommendations of lowering its fare structure to attract more passengers (a strategy being implemented by its competitors), Carolyn and the ...