Nobody downloaded yet

Course assignment - Coursework Example

Comments (0) Cite this document
Summary
If any company management is willing to give proper compensation packages to the employees so that they can be motivated, then the involvement of performance management along with the compensation management is very important. It is fact that if any company management has no…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
Course assignment
Read TextPreview

Extract of sample "Course assignment"

Download file to see previous pages aware of different technological tools and techniques and they can use their knowledge and skills in their work (Creating a Successful Performance Compensation System for Educators, 2007). Therefore, we can say that the knowledge base of some of the potential employees is the actual factor to implement the performance based compensation. Because these employees can work better as com-pare to others just because of their capabilities (Creating a Successful Performance Compensation System for Educators, 2007).
The implementation of performance based pay or compensation packages is important in order to reward or appreciate the hard working employees and in order to punish the lazy employees too. It can be negative or positive reinforcement for the employees so that they can work hard in the future or at least they can try to maximize their efforts. Positive reinforcement can be in the form of prizes while the negative reinforcement can be in the form of punishments or highlighting the bad performance in the meetings. In other words we can say that in this knowledge worker type environment, the best and the most appreciated compensation style will be the evaluation based on the performance appraisal. Employees can get immediate feedback in the form of rewrads or punishments for their performances. This performance based compensation can also help to reduce the likelihood of nay priority or biasness towards any specific employee.
If we talk about the major forms of performance based pay styles then usually companies adopt these four major forms of these pay packages. That includes gain sharing, profit sharing, performance bonuses and the other is the skill based rewards (Jonathan, 2010). The details of all the three forms of performance based pay is given below;
These Performance based bonuses are very widespread, because they are almost basic type of performance-based pay. In order to award such bonuses to the employees, a company manager may assess the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Course assignment Coursework Example | Topics and Well Written Essays - 750 words”, n.d.)
Course assignment Coursework Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/human-resources/1672370-course-assignment
(Course Assignment Coursework Example | Topics and Well Written Essays - 750 Words)
Course Assignment Coursework Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/human-resources/1672370-course-assignment.
“Course Assignment Coursework Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/human-resources/1672370-course-assignment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Course assignment

Prolific effects of civil war on medicine

8 Pages(2000 words)Research Paper

Course Assignment

...? Operations, Logistics and Supply Chain Management Table of Contents Table of Contents 2 Assignment 3 Assignment 2 6 Assignment 3 9 Assignment 4 11 Name of the Student: Name of Professor: Course: Date: Assignment 1 Question 1 Selecting a technology from 1850 to the present is probably one of the challenging questions one can ask for. Last 163 years was nothing less than a roller coaster ride and we have seen the evolution of electrification, start of computer era, Information Technology revolution etc in the last 163 years. Hence, it will not be justified to compare each of technology in terms of their contribution to productivity. Just due to personal choice, the researcher has selected evolution of Information Technology... analytics can...
14 Pages(3500 words)Assignment

Aviation strategy- course assignment

...travellers, with no frills but a comfy journey. It focuses on customers that have to travel short haul, these include passengers that travel for their business, are time conscious as well and also include residential customers that prefer travelling for vacations and seeking best value for their spending. Product offering - With focused target market, Southwest has a differentiated product (service) offering, it describes its service offering as short haul, low fare, high frequency, and a point to point carrier in the United States' airline industry. The informal and casual but dignified journey experience is the whole package. It does not provide meals, a pack of peanuts would do, there are no assigned places, no...
18 Pages(4500 words)Essay

FINANCE COURSE ASSIGNMENT

...Running Head: ACMES Thesis ment The study is aimed at discussing financial aspects related to Acmes. To this, there will be a comprehensive answer to the question, “Which are the financial aspects related to an MNE?” Several aspects are going to be tackled in pursuit of an apt understanding of the financial implications of an MNE. Financial Aspects of MNEs Unique complexities arise when it comes to the disclosure of yearly accounts of any given MNE. These problems relate specifically to the corporate accounts as well as other financial statements. They encounter different country-disclosures’ stipulations in both home and host nations and which have to be satisfied. Initiating utilizable financial information is even more... Head: ACMES...
4 Pages(1000 words)Essay

Accounting Course Assignment ACCT205

...), the distinction in this rule gives the creditors some assurance that a certain portion of the assets equivalent to the owners investment cannot be arbitrarily withdrawn. Of course, this portion could be depleted from your balance sheet because of operating losses. The owners equity in an unincorporated business is shown more simply. The interest of each owner is given in total, usually with no distinction being made between the portion invested and the accumulated net earnings (va-interactive.com, 2011). The creditors are not concerned about the amount invested. If necessary, creditors can attach the personal assets of the owners. Shareholders’ equity mainly comes from two sources that is, invested or paid in capital...
5 Pages(1250 words)Essay

Post-course assignment

...Introduction This paper is a practical paper that describes how to train and equip a group of professionals who are part of an overseas trade delegation who need some training in Business Communication Skills. This paper will examine the important aspects of the training and how they are to be prepared for the programme. In doing the project, the paper will begin by defining the scope of the training programme. This will define the kind of delegation that would be sent and the kind of things that they will be involved in. The project will go on to define a business skill in the CERT IBET course that will be studied and outline aspects of skills that will be handled. In the illustrative section of the paper, there would...
14 Pages(3500 words)Essay

Communication's course assignment

... Traditional Rhetorical and Cultural Analysis of the Three Presidential Debates Rhetoric is a useful dis art that attempts to improve the communication of the writer or a speaker to a given audience. The use of the rhetoric helps the speaker to inform, persuade and to motivate the audience regarding specific issues or topics in specific situations. Aristotle defined and considered rhetoric as the linkage between the logic and politics. The sue of the rhetoric is aimed at providing understanding, discovery, and for the development of argument to connect with the audience in a way that they become convinced and be in agreement with what you right or say. The tenets of rhetoric that facilitates the persuasion of the audience include... Traditiona...
3 Pages(750 words)Essay

Community interpreting level 3 course assignment

...is basically used in conferences and multilingual meetings. Reasons for declining assignments One of the reasons for declining any given assignments includes existence of a conflict in the interpreter’s schedule. The interpreter might not be available or may be committed to other activities. This may result to a conflict thus the interpreter is forced to compromise. Another logical reason for declining an assignment is the topic failing to be in the interpreter’s region of expertise. The interpreter may also lack enough material of preparation thus leading to the decline of the assignment. Furthermore, there might be a conflict of interest by the interpreter...
7 Pages(1750 words)Essay

Course Assignment

...Deming Prize Criteria Affiliation Deming Prize Criteria `The Total Quality Management (TQM) has, for long, been a very instrumental field in our day-to-day activities. In this regard, its importance cannot be underscored the recognition hence by the Deming Prize. Categorically, the Deming Prize acts in order to acknowledge various individuals and business firms in the respective implementation of TQM in their operational activities. By worth, the Deming Prize in the oldest award that awards prominence and excellence in this field. After the significant contributions of Dr. W. Edward Deming in the world of statistics especially in Japan and the United States of America, he was offered the honor to have the award in his name. Dr... Prize...
3 Pages(750 words)Assignment

End of Course Assignment

...a healthy customer relationships during the training sessions to ensure the delivery of top quality services. The company should also communicate to the employees the primary goal and the course of action for its achievement. In addition, the company should study the market further in order to come up with more new products and services for the customers. Using the mentioned strategy, the company’s employees acquire the requisite skills that steer the company toward the improvement of the internal process, provision of top quality products and services and the achievement of the financial objectives (Kaplan & Norton 2006, pp. 43-60). Based on the internal process perspective, the BBL should strive to improve the internal...
10 Pages(2500 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.

Let us find you another Coursework on topic Course assignment for FREE!

Contact Us