Payment System and Influence of Motivation

TABLE OF CONTENTS INTRODUCTION 4 TIME order salary 6 TIME RATES give return PERSONAL visualise 8 allowance BY pull up stakes 13 PAYMENT BY RESULT PERSONAL EXPERIENCE 16 PAYMENT BY RESULT CASE study 19 mental mathematical operation BASED PAYMENT 20 PERFORMANCE BASED PAYMENT CASE STUDY 22 PAYMENT SYSTEMS AND MOTIVATION THEORIES 23 CONCLUSION 28 APPENDICES 29-34 A issue Staff 2001 execution Review B put upment by Result lawsuit Study C Performance found lucrement reason Study D Presentation slides REFERENCES 35 INTRODUCTION Pay, effort, exertion and rewards are core issues in the employer-employee relationship. The capital reference to measure formulate dates back to the printing question during the fourteen-century. From the employees perspective, policies regarding wages, salaries and other earnings have a major violation on their standard of living. Pay is often considered as a sign of status and success and, consequently, employees attach great enormousness to contain decisions when they evaluate their relationship with the organization.

As a result, pay decisions are care safey structured and managed in any organization. From the employers incubus of view, pay is a powerful tool for furthering the organizations strategic goals. Pay and mold measurements are elements of control and pauperization for people at work. According to Armstrong & Murlis (1994), the interpretation of Reward Management is the process of developing and implementing strategies, policies and systems which lead to organisational objectives by obtaining, keeping and increasing the motivation and commitment of employees. ! Reward is one method that companies use to proclaim with employees about their value and contribution to the organisation. Effective reward care results in the optimisation of staff costs, while individual and organisational work can be improved. The process involves recognising that employees are motivated by a variety of factors, including, pay, benefits, personal and professional development and the work environment. Appropriate integration of these elements to satisfy... If you want to get a wide-cut essay, order it on our website: OrderEssay.net

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