Demerits of the group incentive schemes, HR Management

Assignment Help:

Demerits of the group incentive schemes:

1. An individual worker may not put his maximum effort in view of equal sharing of bonus by ineffective workers.

2. Individual efficiency is not taken into account.

3. There is difficulty in calculation of bonus to all workers in the group.


Related Discussions:- Demerits of the group incentive schemes

Show features of the performance appraisal, Q. Show Features of the Perform...

Q. Show Features of the Performance appraisal? 1. Performance appraisal is the systematic description of an employee's job relevant strengths and weaknesses. 2. It is a cont

Principal of career development, Principal of career development: organiza...

Principal of career development: organization is important to the process of career development. Some of the major principals of the career development are: 1. Dissemination of

Management, “Borderless world, Diversity Management, and Knowledge power,...

“Borderless world, Diversity Management, and Knowledge power, are some of the overarching factors being encountered by the Human Resource Mangers of 21st century business world”.

Merricks multiple piece rate system, Merrick's multiple piece rate system: ...

Merrick's multiple piece rate system: it is an improvement over Taylor's differential plan. According to this plan, three piece rates for a job are fixed. None of these three piec

Business law, what is the difference between exclusion clause and exemption...

what is the difference between exclusion clause and exemption clause?

Strategy formulation, During strategy formulation the team needs to set exp...

During strategy formulation the team needs to set expectations and priorities as well as assign tasks and roles. When teams are unable to develop succinct plans for goal accomplish

What are the important principles that have to be observed i, What are the ...

What are the important principles that have to be observed in the maintenance of discipline?

Explain marginal revenue productivity theory, Question 1: i) Using th...

Question 1: i) Using the marginal revenue productivity (MRP) theory explain how wages are determined under both perfect and imperfect competition? ii) Consider a firm is a

Non financial incentives, Q. Non financial incentives? The Financial or...

Q. Non financial incentives? The Financial or pecuniary incentives are monetary in the nature as they involve flow of money from the organization to its staff. The examples of

Board representation, Board representation: the role of workers repetitive ...

Board representation: the role of workers repetitive on the board of director is essentially one of negotiating the workers interest with the other members of the board. The effect

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd