Compensation and Benefit Systems n Dominos Pizza in the US Essay

Compensation and Benefit Systems n half masks pizza pie in the US - Essay ExampleThe company elect for this paper is eye masks Pizza as this is one of the world biggest companies of pizza production and delivery. The company was founded in the USA in 1960 by gobbler Monaghan. Since that time eye masks Pizza Company became one of the leading fast food delivery companies in the world We have been delivering quality, affordable pizza to our customers since 1960 when br others Thomas and James Monaghan borrowed $900 and purchased a small pizza store in Ypsilanti, Michigan. Since that time, our store count and geographic reach have grown substantially. Dominos Pizza combines some modes of outside(a) expansion and development, but there are some most effective ones which provide the best penetration to the international markets. Compensation and usefulness carcasss of Dominos Pizza in the United States are tightly connected with its methods of international expansion. The most imp ortant parts of the system are licensing and franchising We have developed a large, global, diversified and committed franchise network that is a critical component of our system-wide success and our leading position in pizza delivery. As of March 21, 2004, our franchise store network consisted of 6,878 stores, 63% of which were located in the contiguous United States. This system has doubtless advantages namely for such(prenominal) global international company as Dominos Pizza. The franchise system allows minimizing such negative barriers of international expansion as a nomenclature barrier, local governmental measures and the registration of a trademark.trademark. The system also provides the adaptation of Dominos Pizza rights and regulations to the cultural differentiations of various countries. Dominos Pizza quick service restaurants in different countries are not a wholly subsidiary of Domino Pizza Company (like McDonalds in the UK). They are based on Franchising Agreement wit h Dominos Pizza International, Inc. A franchisee must have appropriate local market, business strategies and experience knowledge. Through wholesome developed franchising system Dominos Pizza Company gains constant royalty payments which allow the company to develop and expand to international markets. The growth and service of Dominos Pizza is mainly provided by its franchising system development and royalty payments from numerous stores throughout the world. This system provides competitive compensation and appropriate benefit for the company All the other HR processes and systems, like competitive compensation, appropriate benefits and providing a learning environment, add to that (Whitney K., 2005). The company has chosen the most appropriate method of international expansion. Dominos Pizza makes franchising agreements with appropriate firms working in relevant market segments and having local market features knowledge. This mode of international expansion protects Dominos Piz za from superfluous financial costs connected with wholly owned subsidiaries. To increase franchisee compensation and benefit and support the brand image of Dominos Pizza, the company provides different kinds of franchisee supporting programs. The training course gives appropriate knowledge of Dominos Pizza functioning, its rules and policy, as well as other relevant elements of Dominos Pizza business. One of the most important moments in Dominos Pizza international expansion is franchisees attraction as franchising and licensing system is the key-point mode of Dominos Pizza international market entry and development. For attracting new franchisees