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Management: Pay and Reward - Assignment Example

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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…
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Management: Pay and Reward
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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
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