Remuneration

Hello, my name is Monika Homolová I am speaking about displace in practice o Although some theorists like Herzberg believe that currency is not a positive motivator, but relent systems argon designed to make a motion employees o We ask that why pay is important to motivate employees? Pay is important because: 1) for most employees , the stipend package is the most important part of a their duty and certainly the most visible part of any pedigree offer 2) people feel strongly about it. Pay helps to gratify many needs 3) And it helps attack reliable employees with the skills the business need for success o The remuneration package is crucial task for a business. o And therefore we use some methods of financial reward. They argon moral: - charge -performancerelated-pay -various-benefits - pensions and so on o COMMISSION is reward for the quantity or value of work achieved. The rate of commission depends on the marketing price and the amount of effort required in making the sale. This main advantage of commission from an employee´s point-of-view is that it enables high execute sales people to earn huge amounts Disadvantage of commission is example: Once commission payments have been made, the sales push up may lose some motivation until they begin to instruction on the next payment. o We know other methods to motivate employees.

They are: - personal credit line rotation and - Job enrichment o cable ROTATION involves the movement of employees thorough a range of jobs in order to increase interest and motivation. This approach widens the activities of a actor by switching him around a range of work Job rotation is seen as a possible solution to two significant challenges faced by business: 1) Skills shortages and 2) Employee motivation Skills shortages occur when is a lack of skilled individuals in the workforce. o Many jobs are monotonous and unrewarding ... If you want to get a wide essay, order it on our website: Orderessay

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