Compensation and Benefit in Dominos Pizza Essay - 1302 Words

Dominos Pizza is one of the world biggest companies of pizza production and delivery. The company was founded in the USA in 1960 by Tom Monaghan. Since that time Dominos 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 brothers 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). Dominos Pizza combines some methods of international expansion and development, but there are some most effective ones which provide the best penetration to the international markets. The paper will†¦show more content†¦They are based on Franchising Agreement with Dominos Pizza International, Inc. A franchisee must have appropriate local market, business strategies and experience knowledge. Through well developed franchising system Dominos Pizza Company gains constant royalty payments which allow the company to develop and expand to international markets. The growth and benefit 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 Human Resource (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 Pizza 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 ofShow MoreRelatedDominoes1170 Words   |  5 Pagesthe organization, its size, and any specific human resource challenges it faces. Domino’s Pizza is a multi-billion dollar a year enterprise.   The company operates through a network of roughly 9,000 stores scattered throughout the 50 states and located in over 60 countries (DATAMONITOR: Domninos Pizza, Inc., 2010).   Since the first Domino’s franchise opened in Ypsilanti, Michigan in 1967, the pioneering giant of pizza delivery has established itself as a household name (Lief, 2008). However, maintainingRead MoreHr Practices at Dominos3245 Words   |  13 PagesPRACTICES AT DOMINO’S PIZZA {draw:frame} Submitted to: Dr. G. 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