Describe priest man bonus plan, HR Management

Assignment Help:

Q. Describe Priest man bonus plan?

Priest man bonus plan: under this system productivity of all the workers is taken into account. In case, during a year, the o/p rises either above the standard o/p or the previous year, the wages of the workers are increased in the same ratio. Thus, if in 1978 the o/p the per (man hour o/p) on the average, 11 units the wages in 1979 would be 10 per cent higher than in 1978.


Related Discussions:- Describe priest man bonus plan

Explain the steps involved in management by objectives, Question 1: Per...

Question 1: Performance Appraisal "is the process of evaluating the performance and qualifications of the employees in terms of the requirements of the job for which he is empl

Describe the two-way communication process, Question: (a) Describe comm...

Question: (a) Describe communication. Describe the two-way communication process, and explain its contribution to the organisation. (b) Identify and explain the interferenc

Flexibility, define numerical flexibility

define numerical flexibility

Social security, social security measures available for workers in india

social security measures available for workers in india

Legal and ethical differences - communication process, Legal and Ethical Di...

Legal and Ethical Differences - Communication Process Legal systems differ from culture to culture Ethical choices like bribing officials are seen differently fro

Benefits to employees, Benefits to Employees The terms 'fringe benefit...

Benefits to Employees The terms 'fringe benefits' & perks (perquisites) are sometimes utilized derogatively, but should be reserved for those worker benefits which are not bas

Explain various types of psychological tests, Explain various types of psyc...

Explain various types of psychological tests. Several of the popular psychological tests are:- (i) Intelligence Tests - Intelligence tests are conducted for having a concept

Hr Roles, whether HR roles are very important to an organization?

whether HR roles are very important to an organization?

Explain the process of knowledge organisation system, Explain the process o...

Explain the process of knowledge organisation system The idea of knowledge products arose out of concerns, primarily in the corporate world but also in other spheres (e.g., go

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