Professional Documents
Culture Documents
Device a plan to improve work motivation of the staff of a private company in the service sector, based on the knowledge of various theories of motivation.
Cash Incentives Other financial rewards Job promotion Delegating authority to the staff Job satisfaction, safety and health of the employee Managers motivation and providing suitable environment Click to edit Master subtitle style
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62. Explain the most common influences on fixation of wages and salaries in the present context.
Skills of the employee Job experience Performance level Amount fixed by the wages and salaries boards Productivity shown and promised by the workers Work to the organization Scarcity of skill Difficulties in the job Affordability of the employees
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63. Comment on the recent trend in organizations to minimize the fixed component of salaries and hike the percentage of variable incentive based on performance.
Compensation salary survey conducted by synergy consultant at four major locations proved
Organization began to pay scarce skill premium to those employees who can not be made permanent There is an increase in differentiation
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The work should be meaningful to employee Varying work enable Assigning work measurable
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65. Critically review the status of implementation of employee safety measures in factories involving high levels of accident proneness.
House of work, freedom from occupational hazards, accidents, negative stress are some safe working condition that needs to be taken care of for the employees
The work should be meaningful to employee Varying work enable Assigning work measurable
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Value of job is explained in monetary terms Can be applied to newly created job Performed effectively and can be used to classify and revise jobs pay for each factor is based on judgment that are subjective Standard used for determining the pay for each factor may have unit in bases that would affect certain ageing of employee 4/25/12
DEMERITS
Fringe benefits
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70 .Productivity
Rate of production per unit of input expenditure involving time and cost Benefits
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