Performance & Reward system- Ericsson company - Case Study Example

Comments (0) Cite this document
It focuses on the relationship between the employer and the employees (Brown and Perkins 2007). The system of performance management starts when employees have…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
Performance & Reward system- Case study Ericsson company
Read TextPreview

Extract of sample "Performance & Reward system- Ericsson company"

Download file to see previous pages r hand, reward management is concerned with identifying the motivating aspects of employees which leads to the classification of the amount of pay, compensation and other incentives (Chiang and Birtch 2005). The purpose of the literature review is to help in understanding performance management. The paper presents a case study of past experience attained from the Ericsson Company, Saudi Arabia Branch.
The paper is a critique of the performance and reward system in the organization, which highlights the strengths and weaknesses of performance and reward system in the company. It also offers brief information about the company and its branch in the Kingdom of Saudi Arabia, the positive and negative aspects of the company’s performance and reward system, their positive and negative impacts on employee satisfaction, and finally an analysis of the effectiveness of system as well as recommendations regarding how the organization’s performance and reward system can be changed in order for it to allow the accomplishment of organizational goals. However, the report has a limitation in the sense that the experience in this company was acquired 2 years ago, and its performance and reward system might have changed with time. The paper was prepared from information obtained through observations while working in the company, and interactions with employees, as well as the company magazine as well as journals on performance and reward management.
Ericsson is a Swedish multinational company that operates through foreign subsidiaries globally. It offers communication systems and services, which include a variety of technologies such as mobile networks and equipments. It also provides fixed network services world wide. These are mainly provided through foreign subsidiaries. Its subsidiary in Saudi Arabia was established in 1980. It operates in through three branches of the Saudi Ericsson, with 360 employees who are professionals in communication technology and other fields of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Performance & Reward system- Case study Ericsson company”, n.d.)
Retrieved from
(Performance & Reward System- Case Study Ericsson Company)
“Performance & Reward System- Case Study Ericsson Company”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Performance & Reward system- Case study Ericsson company

Performance and reward management

...months. The stage may be identified through extensive decline of present as well as proposed customer demand or else impulsive financial conditions. If a company continuously faces the challenges even after downsizing, the management may feel to re-instate the employees. Re-Hiring Bonuses: It is quite common to re-hire laid-off employees. In certain cases, it is observed that organisations lay-off an employee wrongly, so they may decide to reinstate the employee. Internal Job Fair: Every organisation tries to retain high performers. In this method, companies host proceedings in order to reorganise downsized employees within the company (Gandolfi, 2008)....
12 Pages(3000 words)Assignment

Reward System and Employees Performance

...Reward System - A Motivational factor in Developing and Managing Employee's Performance - A Case Study based on a UK Company Introduction: Thisstudy is based on examining the role of reward systems within businesses to improve employee motivation and general company performance. Rewards and incentives could facilitate in improving motivation of employees and improved motivation would lead to better work performance and collectively aid in boosting company profits. This proposed research would focus on a particular case study within a major UK superstore to understand the impact of rewards, incentives and performance appraisal on employee motivation and performance. The organization chosen here is Marks and Spencer, a leading name... suggests...
7 Pages(1750 words)Essay

Performance & Reward Management

...PERFORMANCE AND REWARD MANAGEMENT The presentation was really good the combination of the information with the presentation was superb. The information was at a technical level that suited other students of the class and the way it was presented was an additional credit that goes to the presenters. Though the presentation was very good but it had certain drawbacks that I would like to discuss here in this paper plus the positives of the presentation would also be discussed. The combination of text with picture representations was also done quite effectively. The presentation's color scheme and the text size plus the amount of information put on one slide are some attributes that give the presentation the...
2 Pages(500 words)Case Study

Case study: Sony Ericsson mobile music strategy

...for a long period. They prefer to change their handset when new models enter the market. Therefore, they expect better value for their old handset when it is sold. This makes them choose handsets with better resale value. Global strategy for Sony Ericsson: Mobile phone market is a highly competitive and booming market. The stiff competition and the flexibility of the market compels Sony Ericsson to devise a global strategy for its operations in the future. Following are the strategies that will help the company to be the global market leader. Quality improvement: Sony Ericsson should research more on maintaining the quality of the mobile handsets. Customers prefer...
7 Pages(1750 words)Essay

Performance & Reward Management

...the former attain its competitive advantage. From the presentation of case studies earlier made, one can also see that companies have already listened to the researchers call. Thus, they were seen to have ensured that their rewards systems are congruent with that of their strategic management initiatives. REFERENCES Armstrong, M. (2002). Employee Reward. London: CIPD. Armstrong, M. and Murlis, H. (2007). Reward Management: A Handbook of Remuneration Strategies and Practices. London: Kogan Page Publishers. Blyton, P. and Turnbull, P.J. (1992). Reassessing Human Resource Management. CA: Sage Publications. Cisco...
11 Pages(2750 words)Research Paper


...REWARD SYSTEM CASE STUDY 0 Introduction to the Current Situation Chalmers is a fast-growing insurance company. It has a staff of 800 and is basedin Slough, Southern England. It was founded in 1990 and operates call centre services around the clock, seven days a week. 1.1 Business strategy. Chalmers is customer-centered, employs a flexible and quick-moving approach to problem solving, and is committed to deal with any sale, claim complaint or query within a five-day period. 1.2 Working arrangements. Employees are organized into teams of 15 to 25 persons under a team leader. Half the staff render full time service (35 hours weekly), while the other half are part-time workers (8 to 25 hours). 1.3 Pay. The basic rate for regular... of...
12 Pages(3000 words)Essay

Reward strategy- case study

...of the company. Dissatisfaction from Bonus Scheme At Chalmers, the bonuses are given based on number of calls taken and informal measures taken by the supervisor. It also shows that biased decisions, favouritism and personal conflicts have a strong impact on bonus scheme. The question of matching business strategy and reward strategy of the company is very significant. In the UK call centres, the primary strategic objective is service differentiation, fostering customer loyalty and one-stop shop service (Holman, Wood & Stride, n.d.). Recommendations After discussing the problems faced by the company, some recommendations have been developed, with an aim to solve...
12 Pages(3000 words)Essay

Performance Management And Reward System

...Performance management and reward system Performance and reward system is a very important function in human resource management and the organisation as whole. This study looks at the importance of Performance Appraisal, Absence Management, and Total Reward Systems and their roles in human resource management and the organization as a whole, the essay critically discuss the integration of performance management and reward system with other functions of human resource management and the utilisation of appropriate HRM...
10 Pages(2500 words)Essay

Performance and Reward Management in order to make rational and informed decisions for adequate performance management. In order to make sure that hardworking employees are rewarded and disloyal and unproductive employees are penalized, it is imperative that HR data is collected and maintained. Such data includes but is not limited to employees’ attendance, their productivity in terms of goal achievement, their discipline and conduct, and their professional growth and skill development. Having detailed recorded information of all these aspects enables the managers to quantify the results and ensure that the resources are adequately utilized for the benefit of the organization. Q. 2: Ans. Two types of data that is collected by...
3 Pages(750 words)Assignment

Performance and Reward Management

...for the performance, and thus is important for the business’s activities. 4. An explanation of the purposes of reward within a performance management process. First of all, the reward system established by the organization shows its appreciation for the certain job of an individual, team or department that by means of all contributed to the organization, bringing certain recognition and benefit to it. That is why reward of employees is essential factor for providing interest and motivation to employees. When rewarded, employees are dedicated to accomplishment of tasks with more enthusiasm and that leads to improvement...
4 Pages(1000 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 Case Study on topic Performance & Reward system- Case study Ericsson company for FREE!

Contact Us