Details

Case

Medipak Limited

Zafar Iqbal Qureshi

INDUSTRY : Pharmaceutical

AREA : HRM/OB

ORGANIZATION : Medipak Limited

LENGTH : 9

LUMS No : 05-265-89-1

PUBLICATION YEAR : 1989

KEYWORDS:

MediPak,Limited,Human Resource Management,Organizational Behavior,Pharmaceutical,General Manager,Salary,Reward System,Retaining

DESCRIPTION:

The case highlights the problems that a General Manager may face during the start-up phase of a medium sized company. It may be used to discuss issues relating to the design and implementation of a salary/reward system in a new as well as an established company. More specifically, the concepts of internal and external equity and salary as a motivating factor in retaining employees can be analysed

LEARNING OBJECTIVES:

The case can help in evaluating the linkage between the theory of pay and employees behaviour. The merits and demerits of individualised vs company-wide system of pay practices can be evaluated. The issue of internal and external equity can be especially assessed. Attention can be given to the role of performance based pay and the differential it can introduce. Also the question of an optimum mix between benefits and basic salary can be another point worth examining.

SUBJECTS COVERED:

Human Resource Management, Organizational Behaviour