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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.
Question Read the following carefully and answer all the questions that follow Mr. John Blunket has been working for nearly a year in the Accounts Department of a large pha
Question 1: Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Discuss.
sources of recruitment
Objective of the Fringe benefits: The important objectives of the Fringe benefits are: 1. To create and improve sound industrial relations. 2. To boost up employee moral
Training for different employees : The employees who are to be trained can be of different types and each type would require different types of training. 1. Unskilled workers
Q. Show Characteristics of career planning? Characteristics of career planning: 1. It is an ongoing process. 2. It develops and shares a personal life career diagram / mo
Cultural orientation of group members. For example, a group of Israeli workers may have different cultural norms from a group of American workers, because of the influence of their
WITH AN AID OF A DIAGRAM EXPLAIN HRM STRATEGY AND PLANNING#
what do you think sally should do
Human Resource Management can be defined as being "a strategic and coherent approach to the management of an organisations most valued assets , i.e. the people working there wh
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