StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Factors That Regulate the Internal Alignment - Essay Example

Cite this document
Summary
The paper "Factors That Regulate the Internal Alignment" states that external factors that regulate internal alignment are the economic status of that region, government policies and regulations & policies, stakeholders who render their thoughts, and the culture & customs prevailing in that region…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Factors That Regulate the Internal Alignment
Read Text Preview

Extract of sample "Factors That Regulate the Internal Alignment"

Organizational factors: The strategies adopted to run the organization, Human capital that is going to be spent to develop the manpower resources, production design, hr policies which include the incentives systems which will lift the employee morale, internal promotional policies, and the employee's perception about the organization.

Geographic location is an important constraint that decides the internal payment structure of the organization as the location influences the standard of living of that employee. A posh locality where it demands high living costs require high compensation packages so the employee expects that the organization will compensate the expenses.

Profitability: As the company incurs profits the dispensable income will increase which will be given to the employees and stakeholders as dividends and bonuses. The more the profits the more will be the pay structure for the employees.

Employee performance: The employee's dedication towards the work and the way the employee performs the job activity will ultimately reflect on the organization’s performance and profitability. The best employee will be recognized by some incentives and rewards which in turn motivates the employee 3. External factors like government policies and regulations, culture and customs, and stakeholders play an important role in designing a pay structure as they provide the necessary inputs from unions and other parties to promote or to consider a compensation package for the employees that is socially acceptable. The organization requires individuals who can mold their experience into the mission and objectives of the organization for which there are working; to accommodate people of this high interface, the pay structure should be unique in its sense to entice the potential employees.
Egalitarian and hierarchical structures are two extremes in their field as the former is employee oriented and the latter is production oriented. The egalitarian structure promotes teamwork, unity, and equality among the employees but the hierarchical structure leaves a gap between the senior powerhouses and the ground technical workers which may project the communication gap in the organization. Differentiation according to these levels will result in misusing the authority towards the subordinates.
The method by which the job activities are carried out, the way the job activities are integrated into other job activities, and the unique payment structures will determine the effective inter-alignment of that organization. 
The pay structures should be competitive among the competitors and should isolate from other firms. They can lead to maintaining a low attrition rate and encourage the employees to compete among themselves to achieve personal success and pave the organization's success. The compensation should be open without any virtual income for a few to increase the trust of the employees. The pay structure should be according to the norms specified by the government authorities.

Read More
Tags
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Equity Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/business/1502928-equity
(Equity Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/business/1502928-equity.
“Equity Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1502928-equity.
  • Cited: 0 times

CHECK THESE SAMPLES OF Factors That Regulate the Internal Alignment

Operational Planning of Total Alignment

The author of the paper "Operational Planning of Total alignment" focuses on the business and marketing strategies of Total alignment.... Total alignment is a mattress company that has planned to introduce a system of computerized automatic adjustable mattress named Total alignment Sleep Mattress 4000 System.... The company has agreed with Ethan Allen, who has agreed to sell the mattresses designed by Total alignment for a percentage of the sales cost....
9 Pages (2250 words) Case Study

What Are the Advantages of Using SMA Over Other Accounting Techniques

The various definitions of SMA and the underpinning factors for its use are studied.... Further, the strategic decision-making issues related to the factors like competitive pricing of products or services, the operational strategies of the business, the manufacture and development of products and the product costing are discussed in detail....
13 Pages (3250 words) Case Study

The UK Financial Services Market as Worldwide Leader

This paper 'The UK Financial Services Market as Worldwide Leader' reflects upon the market with a complicated re-engineering of financial products.... This Rialto has brought in a much translucent system in a regulatory framework, encouraged investors from worldwide to participate in the mart.... ...
21 Pages (5250 words) Article

Language-External and Internal Factors Affecting Code-Switching

In the assignment 'Language-External and internal Factors Affecting Code-Switching' the author discusses the interplay between exogenous and endogenous factors.... The author has identified a wide range of factors related to code-switching but it is unclear which ones belong to language external and language-internal factors and why.... There is also quite a lot of confusion as to what constitutes a language-internal and external factor (see comment above )....
12 Pages (3000 words) Assignment

Recruiting , Selecting and Orienting the Right People

The present paper has identified that before heading on to the task of defining and chalking out appropriate strategies, it is essential to take a careful and descriptive look at what factors are being presented by the current environment and what constraints might put hurdles in a selection of one strategy or the other.... Also, some factors might support the choice of one or more strategies for recruitment, selection or induction....
9 Pages (2250 words) Research Paper

Hart Hospital Equipment - Ways to Break Out into the Market Leader

It looks at market strategy, selling force assessment, territory alignment, customer segmentation, and account strategy development.... It looks at market strategy, selling force assessment, territory alignment, customer segmentation, and account strategy development.... It looks at market strategy, selling force assessment, territory alignment, customer segmentation, and account strategy development....
17 Pages (4250 words) Case Study

Analysis of General Electric International Inc

There are public institutions that regulate the energy sector of the United Kingdom.... This paper ''Analysis of General Electric International Incorporated'' tells us that the energy generation company that has been selected for discussion is GE which is a multinational company in America....
20 Pages (5000 words) Report

Implementing and Maintaining Internal Control

the internal control process should ensure that all the laid down policies and communication objectives are met.... the internal control process should ensure that all the laid down policies and communication objectives are met.... the internal control process should ensure that all the laid down policies and communication objectives are met.... Furthermore, the internal control procedures must be in the front line, in matters of controls in any corporate organization (Trenery, 15)....
20 Pages (5000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us