Explain accelerating premium system, HR Management

Assignment Help:

Q. Explain Accelerating premium system?

Accelerating premium system: there are the systems which provide for a guaranteed minimum wage for output below the standard. For the low and average increases in the o/p above the standard small increment in earnings are allowed. Increasingly large earnings are conceded for above average o/p, the increment being different for each 1 per cent increase in the o/p. Very significant in earnings are given for really high o/p. In this system, the production is pushed up higher and higher by discouraging low o/p and rewarding at an increasingly effective rate higher o/p. Such schemes are generally adopted when much higher o/p that what are currently obtained are to be achieved.


Related Discussions:- Explain accelerating premium system

Types of data, Types of data There are two important ways of categorisin...

Types of data There are two important ways of categorising data that you need to take into account in thinking about the data you need to help you meet your dissertation aims. T

Explain the purposes and means of the internal communication, Question 1: ...

Question 1: (a) Explain what you understand by performance evaluation and list the objectives. Elaborate on each of the phases of the performance evaluation. (b) Explain th

Describe the role of recruitment consultants, Question 1: Your organiza...

Question 1: Your organization wishes to recruit a number of new accounts staff. Required (a) Describe the role of the Human Resources department in recruitment. (b) Descr

#title.human resorce planning, b) What role do you think human resource pla...

b) What role do you think human resource planning can play in helping organizations avoid employee lay off

Show training assessment methods, Q. Show training assessment methods? ...

Q. Show training assessment methods? Training assessment methods: the following methods are used to assess the training needs: 1 identifying specific problems: such problems

Classification or types of rewards, Classification or types of rewards: re...

Classification or types of rewards: rewards or incentives can be classified into: 1. Direct compensation, and 2. Indirect compensation Direct compensation: includes the

What is the role of managers in an organisation, Question 1: I. What i...

Question 1: I. What is Organisational Behaviour? Discuss its relevance and importance in understanding and managing an organisation's human assets? II. What is the rol

Miss Ella, What is the link between hrm and organizationL PRODUCTIVITY

What is the link between hrm and organizationL PRODUCTIVITY

Evaluate the planning and design, Critically evaluate the planning and desi...

Critically evaluate the planning and design of training and development How does training contribute to the achievement of business objectives? What would you consider to b

Role of hr, Role of HR HR may initiate systematic efforts to improve s...

Role of HR HR may initiate systematic efforts to improve skill levels of employees so that the firm may compete on quality. Deregulation, globalisation and technological innov

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