Show merits of the group incentive schemes, HR Management

Assignment Help:

Q. Show Merits of the group incentive schemes?

Merits of the group incentive schemes:

1. It creates a collective interest in the work.

2. High output and economical production is achieved.

3. Jealousy among workers is prevented.

4. It ensures better cooperation and term spirit and reduction in the absenteeism.

5. It reduces the cost of supervision, cos of calculation of bonus and wastage.


Related Discussions:- Show merits of the group incentive schemes

Simulation tests, Simulation tests Simulation exercise is a test which...

Simulation tests Simulation exercise is a test which duplicates several of the activities and difficulty an employee faces when at work. Such type of exercises is commonly use

Retention of key staff, Oman is a Muslim Arab country located in the south ...

Oman is a Muslim Arab country located in the south east of the Arabian Peninsula. Islam is the official religion and Arabic is the official language. However, English is widely sp

Advantages of job rotation, Q. Advantages of job rotation? Advantages: ...

Q. Advantages of job rotation? Advantages: 1. The main advantage of the job rotation is that it relieves the employee from the boredom and monotony of doing the same job.

Describe the process of conducting audit of training, Question 1: What ...

Question 1: What are the trends in HR audit? Explain HR audit Trends in HR audit seen in Indian Scenario   Question 2: Describe the process of conducti

How is a team different from a group, Question 1: Though often unclear,...

Question 1: Though often unclear, differences do exist between a team and a group. (a) How is a team different from a group? (b) What factors affect group cohesiveness?

Reading for the literature review, There is, potentially, a great deal of m...

There is, potentially, a great deal of material to get through in undertaking the reading for the literature review. Some of it may be quite difficult - coming to grips with comple

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