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.
Nobody downloaded yet

Management: Pay and Reward - Assignment Example

Comments (0) Cite this document
Pay and Reward Within organizations, employees are always on the look out for better pay and rewards. This is because they are giving in their best through hard work and commitment, and it would only be sound to suggest here that pay and rewards will bring much success for just about everyone, and specifically the employees themselves…
Download full paperFile format: .doc, available for editing
Polish This Essay95.4% of users find it useful
Management: Pay and Reward
Read TextPreview

Extract of sample
"Management: Pay and Reward"

Download file to see previous pages A better pay and provision of rewards is something that the employees always look forward to having within their folds because they feel that the organization owes it to them in the long run. It makes them feel contented with who they are and what they can do for the sake of the organization in the strategic perspectives. Being considered worthy enough for a better pay and higher rewards is something that goes down well with nearly all the employees. They always hold the said organization in nice stead because they know that they are asking for something legitimate and legal. Their basis has come from their hard work and dedication which has paved the way for the organization to become better and stronger in the recent times (Torrington, 2006). Hence there is reason enough to believe such a premise and must be backed up by a better pay and rewards for the sake of the employees. If the same does not come about, there are grievances which the employees share with their colleagues, the higher management and others. It is therefore a good omen that the employees can get out of their related settings and start speaking for their own good (Heery, 1996). It makes the organization feel that the employees are asking for something honest and thus they should be given mileage in terms of a better pay and other work related rewards. It is indeed their right to be given fairly for what they do within an organization and it is essentially something that they look forward to having within their ranks (Poole, 1998). The role of the human resources management department is an important one because it has to find out what the employees think of their pay and the other rewards that are offered to them from time to time, as well as the opinion of the organizational top heads with regards to these pay and rewards. It is the accumulative opinion of the two quarters that goes a long way in establishing the basis of success between the organization and its employees when the talk goes out loud regarding the pay and rewards. Also the employees appreciate the idea of moving ahead further with their professional lives and hence the reason that they always look forward to receiving better salaries and greater rewards as far as their workplace settings are concerned (Lawler, 2000). It links the strengthening areas of the organization with the ways and mannerisms of the employees who are always on the look out to bring something extra and hence the better pay and rewards follow soon after. From an organizational standpoint, it is always interesting to know what they think about the pay and reward policy because it dictates quite a great deal about how things shape up within the employee domains. It also tells the employees what the organization thinks about them and where it wants to see them in the coming times. Hence the understanding derives its basis from the insight that the pay and reward factors should be kept closely with the employees because they want to have these manifested time and again. The organization would not mind paying the employees higher and rewarding them if it knows that success can be documented if proper incorporations are made and when the employees know that they are not going over the board with their work ethos and disciplines ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Management: Pay and Reward Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Management: Pay and Reward Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/management/1437926-pay-and-reward
(Management: Pay and Reward Assignment Example | Topics and Well Written Essays - 1000 Words)
Management: Pay and Reward Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/management/1437926-pay-and-reward.
“Management: Pay and Reward Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1437926-pay-and-reward.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Reward Managment
According to the paper the Director of Rewards adopted the Towers Perrin model that is focused at developing an integrated total reward that entails non-financial and financial rewards. This paper analyzes the total reward strategy that the Director of Reward might propose as a way of enhancing the performance of the employees and the profitability of the London and Provincial Bank.
10 Pages(2500 words)Assignment
Performance and Reward Management
1. Introduction The value of the HR management for the increase of organizational performance cannot be doubted. However, often, the HR practices developed within the organizations do not manage to support the organizational growth, a fact indicating, among other issues, the problematic relationship between the HR policies and practices.
12 Pages(3000 words)Assignment
Performance and reward management
Human resource personnel must ensure that the reward system is properly aligned with the strategic goals of an organisation. According to Armstrong & Murlis, “Reward Management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization”(Armstrong & Murlis, 2007).
12 Pages(3000 words)Assignment
Pay for Performance Healthcare Quality Initiatives
The programs cover different aspects of healthcare services that include adoption and implementation of the advanced health technology, experience in handling the patients, safety, patients’ satisfaction, and administrative contact. Pay for Performance helps in ensuring appropriate and efficient use of resources and cutting down unnecessary healthcare costs.
3 Pages(750 words)Assignment
Pay and Reward Compensation Management
I learnt several things about payment systems, the amounts paid methods and how pay is determined. I also learnt the reasons why pay systems vary. In the pay setting practice, I confirmed factors I already knew such as pay is based on hourly rates, and that the casual workers pay is not as predictable as the salaried ones.
3 Pages(750 words)Research Paper
Performance and reward
Correspondingly, the discussion of the paper indicates that the reward strategy of Trisco Foods follow both intrinsic as well as extrinsic approaches of rewarding its workforce and members. The company also follows Daniel Pink’s global motivational theory towards rewarding the employees intrinsically.
9 Pages(2250 words)Assignment
Employee Reward Strategy for Heidelberg Insurance Services
The positive competition among the sales staff of an organization has been proved to be the backbone in the success of the organization. This present practice of paying equal pay to the sales employees without keeping in mind the number of policies one sells leads Heidelberg's sales staff towards complacency regarding their job targets.
7 Pages(1750 words)Assignment
Linking pay to employee performance ( related pay performance )
icant portion of his total cost of operations; pay can be used to improve employees’ performance and as a result organisational effectiveness, and also has an impact in attracting and retaining an effective workforce. For the employees, compensation has a direct effect on
12 Pages(3000 words)Assignment
Performance and Reward Management
er to increase their eligibility for projects; some clients require the contractors to have a lot of employees and a well-established setup in order to assign them the contract. Professional organizations like engineering councils rate the organizations on the basis of their
3 Pages(750 words)Assignment
Performance and Reward Management
mance management is to drive the results, which means that to improve business outcome by means of organizational goal alignment, measurement of the performance, coaching and information sharing. For organization, this purpose means the ability to drive certain achievement to
4 Pages(1000 words)Assignment
Let us find you another Assignment on topic Management: Pay and Reward for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us