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

HRD, There is case study base on new company. question 1 1.1 briefly explai...

There is case study base on new company. question 1 1.1 briefly explain the goal of HRD in this case. 1.2 Advice the newly appointed Director of training on how to integrate the ei

Paired comparison method of appraisal, Q. Paired comparison method of appra...

Q. Paired comparison method of appraisal ? Paired comparison method: under this method, the appraiser compares each employee with every other employee, one at a time. For examp

Human resource developement, various programmes that a learning organizatio...

various programmes that a learning organization can adopt in the management of human resource

Misconduct of indiscipline, Misconduct is a established and definite rules ...

Misconduct is a established and definite rules where o discrimination is left to the employee. It is violation of rules. Any breach of these rules and discipline may amount to Misc

Merits and demerits of role playing method, Q. Merits and Demerits of Role ...

Q. Merits and Demerits of Role playing method? Merits: 1. The trainees learn more effectively by doing. 2. Human sensitivity and interactions are stressed. 3. Immed

Function of team, Teams fulfil two primary functions: first, they can enhan...

Teams fulfil two primary functions: first, they can enhance the financial performance of an organisation as they can reduce the need for middle management layers. Furthermore, team

Describe performance appraisal, Question 1: (a) Describe Performance Ap...

Question 1: (a) Describe Performance Appraisal and what are its objectives from an Organisation's viewpoint? (b) What are the factors that are considered in developing a pe

Questionnaire design, Questionnaire Design: Data is normally collected...

Questionnaire Design: Data is normally collected in a survey by use of a questionnaire. Careful attention is necessary in the preparation of the questionnaire's design and lay

Change norms, The more cohesive the group, the stronger its norms will be, ...

The more cohesive the group, the stronger its norms will be, and the more likely the group will be punitive and intense when deviant behaviour threatens important group interests.

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