2012 Financial Plan. Watkins International Corporation. By: Brittany Sinzinger. A Year of Change….
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Watkins International Corporation
By: Brittany Sinzinger
Watkins International Corporation will be revising our pension program, to those already retired, as well as our current employees. This plan is to be implemented as of January 1, 2012. The reason behind this change is to ultimately serve our employees, to the best of our abilities, financially and professionally.
• The new plan will impact all retirees of Watkins International Corporation as well as all 50,000 current employees, internationally.
• Media- The media might see this as an opportunity to report news about a major corporation. They are an important aspect to keeping the company’s name in a positive light.
• Related Companies- Other companies might see this as an opportunity to mimic our company’s plan, if it is successful.
• European Unions
• General public
Better serve ourcustomers
Ensurefinanciallystability in ourpast and presentemployees
Cutcosts and losses
Communication differenceswith international employees
General Public Reactions
Surveys- Surveys/questionnaires will be sent out to all employees and retirees. It will ask them not only how they feel about the new plan, but will also ask them about the implementation of the new plan and how well it was communicated.