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

Show the importance of hrp in an organisation, Question 1: (a) Define a...

Question 1: (a) Define and explain the term "training". (b) Critically assess the following training techniques (i) Simulation (ii) Vestibule training Question 2:

Bench Managment., Should benching be a matter of concern at Delta?

Should benching be a matter of concern at Delta?

What are the differences between leadership and management, Question 1: ...

Question 1: Any organisation is made up of groups of people. An essential part of management is coordinating the activities of groups of people and directing the efforts of th

HRM, EMPLOYEE SELECTION PROCESS IMAGES

EMPLOYEE SELECTION PROCESS IMAGES

Pre-requisites for attaining the objectives of hrm, Pre -requisites for att...

Pre -requisites for attaining the objectives: the following are the pre -requisites for attaining the objectives of HRM: 1. Recruitment of right personnel possessing requisite k

What are the increase effects factors of indiscipline, What are the increas...

What are the increase effects factors of indiscipline? Effects of indiscipline decrease in the given factors: a. Production: The quantum of productivity in products or se

Advantage of social networking technologies, Problem a. How will comp...

Problem a. How will companies and employees take advantage of social networking technologies? b. Online application: Electronic Application letter introducing a resume:

FINANCIAL MANAGEMENT., #qu.estion.DIFFERENTIATE ARBITRATION AND SPECULATION...

#qu.estion.DIFFERENTIATE ARBITRATION AND SPECULATION IN FOREIGN EXCHANGE MARKET

Differentiate between search engine and discovery engine, Differentiate bet...

Differentiate between search engine and discovery engine. This has led to the need to differentiate between search and discovery. A search engine's main function is to locat

Determine the success of an appraisal system, Question 1: (a) What is ...

Question 1: (a) What is Performance Management and list down the benefits of performance appraisal from the perspectives of both employees and employers? (b) Explain what a

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