Memo Homework
Memo: Positive Message
As the Human Resources Manager at XYZ Industries, Inc., it is your pleasure to announce the addition of annual performance-bases bonuses for mid-level managers and above. These bonuses will require annual performance reviews to discern the amount of the bonuses. Draft a memo explaining this scenario to this specific group of employees.
Recommended Organization
Header: Begin your memo with the four standard memo heads (Date, To, From, Subject). The Subject should be the positive message.
Body/Discussion: Remember that memos do not begin with greetings or salutations. This is a direct approach announcement of positive news, so begin your first paragraph with the news. Then go on to explain what factors led to this new program (e.g. increased sales, rising stock price, market share gain, etc.) and why the decision was made to reward employees with the surplus funds. Go on to assure the employees that they deserve this reward, and thank them for their contributions to the company's success.
The following paragraph is where you explain that the amount of bonus each employee will receive will be based on performance reviews, and tell then what department will conduct these reviews, when they will begin and when they will be finished, when employees will learn how much they will receive, and when it will be paid to them.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.