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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.
Q. What do you mean by personal accountability? An enriched job holds the incumbent responsible for the results. He receives praise for good we conclude that the management sho
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Effective HRM depends upon sound reward system
Conflict and stress arise obviously in IS project teams. Many people argue that a little of both is helpful, but everyone agrees about too much is destructive. How could you classi
Question 1: (a) Describe the aims and features of a sustainable Performance Management System. (b) What are the benefits of Performance Management? Question 2: "Trai
In the light of the poll results, and my readings in the next parts of module 2, I think I will change my answer of the second part of the poll to be "yes" instead of "no". Because
Fringe benefits in the Indian industries: The national association of manufactures has indicated the following which are essential in motivating the workers towards higher o/p
2. A leading software company in India requires filling up the Position of Chief of Training. Suggest suitable recruitment and selection method exclusively for this position only.
How can it convert bench into capital?
I have a paper to be submitted as a part of my course. Please help me
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