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Q. Show Rewards and incentive?
Rewards and incentive: an incentive or rewards can be anything that attracts a worker's attention and stimulates hi to work in the words of Burack and Smith, "an incentive scheme is a plan or programmes to motivate individual or group performance. An incentive programme is most frequently built in the monetary rewards (incentive pay or a monetary bonus), but may also include a variety of non monetary rewards or prizes". On the other hand, French says, the term, "incentive has a limited meaning that includes many kinds of inducements offered to people to perform work, or to work up to or beyond acceptable standards. It does not include:
1. Wage and salary payments and merit pay;
2. Over time payments, pay for the holiday work or differential according to shifts, all payments which could be considered incentives to perform work at undesirable times, and
3. Premium pay for performing danger tasks. It is related with wage payment plans which tie wages directly or indirectly to standards of productivity or to the profitability of the organization or to both criteria.
Question 1: "Employee resourcing strategy contributes both to the formulation and the implementation of business strategies" (Michael Armstrong, "A Handbook of Personnel Manag
What is the right time to do HR audit? Is it necessary to do the HR audit once in a year or twice? Who will be there in the committee to do the audit work? Any specific guideline
Q. Show Criteria for performance measures? Criteria for performance measures: performance measures should: 1 is related to the strategic goals and measures that are organiza
Question 1: a) Consider the stakeholders who must be taken into account when designing an HRM strategy. b) How can conflicting demands of various stakeholders be reconciled?
Question 1: Explain the Guest, Sisson, and Hendry and Pettigrew principles of Strategic HRM. Question 2: Two models of Strategic HRM are the ‘High-performance model'
What is border less diversity
What is employee selection?
Methods of Selection of Consultants We discussed about the steps involved in the procurement of consultant in previous section. We will now discuss the methods of selecting con
2. A leading software company in India requires filling up the Position of Chief of Training. Suggest suitable recruitment and selection method exclusively for this position only.
Almost all qualitative research includes interviews in some form. Unlike observation, the technique of interviewing is to ask specific questions of the subjects of your study. It i
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