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Q. Show Rewards and incentive?
Rewards and incentive: an incentive or rewards can be anything that attracts a worker's attention and stimulates hi to work in the words of Burack and Smith, "an incentive scheme is a plan or programmes to motivate individual or group performance. An incentive programme is most frequently built in the monetary rewards (incentive pay or a monetary bonus), but may also include a variety of non monetary rewards or prizes". On the other hand, French says, the term, "incentive has a limited meaning that includes many kinds of inducements offered to people to perform work, or to work up to or beyond acceptable standards. It does not include:
1. Wage and salary payments and merit pay;
2. Over time payments, pay for the holiday work or differential according to shifts, all payments which could be considered incentives to perform work at undesirable times, and
3. Premium pay for performing danger tasks. It is related with wage payment plans which tie wages directly or indirectly to standards of productivity or to the profitability of the organization or to both criteria.
Layers of Core Text Mining At the lowest level, linguistic analysis and NLP techniques aim to identify key concept descriptors (who/what/where/when) embedded in textual documen
Q. Important uses of lectures? In training the most important uses of lectures include: 1 reducing anxiety about upcoming training programmes or organizational changes by ex
Q. What is Future oriented appraisals? Management by objectives: it was Peter F. Drucker who first gave the concept of MBO to the world way back in 1954 when his practise of ma
Role of HR HR may initiate systematic efforts to improve skill levels of employees so that the firm may compete on quality. Deregulation, globalisation and technological innov
What are the sources of law? Sources of law are as illustrated below: Three main sources are here considered, as: 1. Case law 2. Legislation and 3. European law.
With Suresh gradually taking the reins of the company, Saman decided to take his first long vacation in years and go to India for a month in January 2009. What he found surprised h
Q. Explain Recent trends in selection ? Recent trends in selection: new trends have been emerging in the selection techniques along with other areas of human resource managemen
b) What role do you think human resource planning can play in helping organizations avoid employee lay off
assignment
Performance Evaluation or Appraisal Performance Evaluation or Appraisal is the procedure of deciding how worker do their jobs. Performance appraisal is a technique of evaluati
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