Wil's grill case study swot analysis

Before we start We are going to use SWOT to analyze why need to increase salary(you can add other ideas on this part): -SWOT Analysis 1 page S: Hire excellent employees with high salaries to improve the leveling quality. Ensure that personnel are not lost W: Salary in Boston downtown is higher than elsewhere O: Hiring better employees T: Because of the uncertainty of external factors (ex: COVID-19, financial crisis), under the pressure of labor costs, there is a capital risk. Don’t mind this one, this is our professor’s example. This is how our professor use SWOT to analyze his data: //////////////////////////////////////////////////////////////////////////////////////// ////// Salary analysis of each person 2 pages Refer to the employee salary of our competitor https://www.glassdoor.com/Salary/The-Boston-Beer-Company-Salaries- BBC: E3099.htm A business’s profitability relies on its employees. Mapping out the structure of a business and choosing the right people for the task is essential for continued survival. First, to introduce our organization structure, (mainly focused on Business Unit 2): Then, start to decide the salaries (dates from cycle 11 Org-Mgt) - -From the Glassdoor website, we referenced one of our competitors, the BBC (Boston Beer Company) employee salary, to establish our own company's employee salary. - We’ll have one office assistant, two salesmen, one brewery representative, the consultants (my team), two workers. - The form below is the salaries we got. - ◼ office assistants: BBC is our competitor. The hourly salary of BBC interns is 17/hour. Our office assistants can also recruit a smart and capable intern without a bachelor's degree. The salary will increase by one dollar to 18/hour. Because the standard working hours of the United States is 1800 hours a year, the annual salary is: 18 * 1800 = 32400. This job is only a part-time job, and it only takes half the time to work when you are in the winery, so the duration number is set to 0.5, which means that the proportion is full-time and only needs half the time to work. Wages increase by 5% every year. Picture from https://www.glassdoor.com/Salary/The-Boston-Beer- Company-Salaries-E3099.htm ◼ brewery representative: The salary of the brewery representative of the BBC is 52,132, so our Executive salary is set at 53000, but a dedicated executive is unnecessary for our project, so we would only pay about 1/7 (0.143) of the executive salary. that means Executive Only need to hire part-time staff, working time is 1/7 of full-time. Additionally, the annual growth rate is 5%, which is a very reasonable growth rate. ◼ consultants: Our team’s consultant fee is based on the salary for business analyst at BBC, which is $86555 per year. For precise calculation, one year is equal to 52 weeks, so the week’s pay = $86555/52 = $1664.52. Since our team’s work will take two weeks and the number of our group is 4, the weekly salary multiplied by 8 is the total cost of the entire analysis team is $13316.15 ◼ 2 Salesmen: (One manager, one critical salesmen): Marketing is very important to the operation of our brewery, because we need excellent marketers to sell large quantities of beer produced by the new brewing system to wholesalers. Refer to the BBC’s sales manager’s annual salary of 53230, and the account manager’s salary between 48,000 and 59,000. Our critical salesmen’s salary is a bit higher than the average (53,500), which is 54,000 per year, with a high annual growth rate of 10%. Be incentivized to keep critical salesmen so that they will not leave easily (They must be incentivized to stick with our company). The average salesmen’s salary is the lowest, 48,000 per year. The annual growth rate is 5%. ◼ 2 workers: The salary of the BBC brewer is between 44,000 and 55,000. The brewer is the decisive factor in determining the taste and quality of beer.