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

International strategies of human resource planning, Q. International strat...

Q. International strategies of human resource planning? International strategies: International expansion strategies depend on HRP. The department ability to fill key jobs with

Performance appraisal, Performance Appraisal A process used in most com...

Performance Appraisal A process used in most companies to evaluate employees' performance quality and decide on pay awards each year. In theory, performance appraisal is a valu

Explain the new leadership theories, Question 1: (i) Modern day organi...

Question 1: (i) Modern day organisations need ‘Leaders' or ‘Managers'. Discuss this statement giving concrete examples. (ii) Elaborate on the nine Belbin roles of team

Human resource at leah''s bakery, what are some possible causes of the high...

what are some possible causes of the high turnover leah''s bakery is experiencing?

Continuing professional development, Present your CPD plan to a seminar gro...

Present your CPD plan to a seminar group. Discuss and reflect on your CPD experiences and future planning. Clearly identify the feedback provided by your Critical Friend and any mo

Industrial revolution of human resource management, Q. Industrial revolutio...

Q. Industrial revolution of human resource management? The industrial revolution: during this period machines were brought in; technology made rapid progress; jobs were more fr

Management practice area, write an essay on the functional accounting princ...

write an essay on the functional accounting principles

Records -special files, RECORDS : Records means "any written matter or doc...

RECORDS : Records means "any written matter or document prepared for possible future uses". It may be in the form of a letter, notice, circular, invoice, voucher, picture, chart,

Show criteria for performance measures, Q. Show Criteria for performance me...

Q. Show Criteria for performance measures? Criteria for performance measures: performance measures should: 1 is related to the strategic goals and measures that are organiza

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