Explain that you will implement a formal performance evaluation process and defend why.

I chose Dick’s Sporting Goods as the company to use for this class project.
Relevant to motivating employees, we must look for patterns and connecting concepts during Dick’s Sporting Goods most recent period of change and express what is most motivating for employees? The paper should address the following requirements:
1. Explain that you will implement a formal performance evaluation process and defend why.
2. As Dick’s Sporting Goods, please describe the reward system you will use to motivate your employees, in detail, that you have included:
Base pay that will increase with a step process (2% raise each year) based on performance evaluations with a minimum and maximum pay scale for each position. Seasonal bonuses for sales reps based on sales production, Stocks investment for full-time employees
Making medical and dental benefits for both fulltime and parttime employees
Holiday/vacation time for all.
3. Describe an approach to rolling out and managing this change process required to transition from Dick’s Sporting Goods current reward system to your new system.
a. Create strategies you will use to manage the change?
b. Explain that you will be transparent in your communication by posting polices for everyone to read, have management brief employees, and have everyone acknowledge receipt by signing?
c. Explain that the most likely roadblock or resistance to this change would come from corporate executives or shareholders because it may increase overhead or create a strain on the business profitability. But counter by explaining that the proactive plan for success is to make the neccessary adjustments because the changes will increase productivity substantially which would outweigh the overhead.