Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An incentive plan has the following important features:
1. An incentive plan may consist of both monetary and non monetary elements mixed elements can provide the diversity needed to match the needs of individual employees.
2. Earning of employees would be enhanced due to the incentives. There are instances where an incentive earning exceeds two or more three time rated wages or salaries. Increased earnings would enable the employees to improve the standards of living.
3. There will be reduction in the total as well as unit cost of production, through incentives. Productivity would increase resulting in a greater number of units produced for given inputs. This would bring down the total and unit cost of production.
4. The other advantages of incentive payments are reduced supervision, better utilization of equipment, reduced scrap, reduced lost time, reduced absenteeism and turnover and increased output.
5. A part from the benefits cited above, incentive packages are a very attractive proposition for managements because they do not affect employer's contribution to the provident fund and other employee retirement benefits.
INTRODUCTION : In modern days an office acts as information centre. It is a place where information is collected, processed, stored and made available for the conduct of various a
Advantage and disadvantage of hard and soft hrm Businesses should use HRM hard or soft? The answer depends on many factors, because each method has advantages and disadvantag
Define when we should use written channels for communication ? Use written channels when : i) your message is fairly detailed ii) you don't need an immediate response i
Q. Demerits of lectures? 1 in this method we can find only passive participants as it only provides for learning and not doing. 2 there is no feedback from the audience due
hi i am studying diploma of hr and need help with assessment but worry about Plagiarism
Define OD development and discuss its relevant to leading the contemporary workforce
Richness versus Reach Another perspective that accelerated the enthusiasm for KM and the development of knowledge products is the 'richness versus reach' thesis of Evans and Wu
Q. Case discussion methods? Case discussion methods: under this method a real or hypothetical business problem or situation demanding solution is presented to the group and mem
This is the combination of rewards and penalties which is given to managers to dissuade them from leaving an organization.
name and explain important aspects tht should adhered before final selection decision
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd